State of the art report on economic models in Baltic Sea Region

State of the art report on economic models in Baltic Sea Region

Author: Johannes Carolus

EXECUTIVE SUMMARY

The following report contains a comprehensive review on economic models and instruments related to the ecotechnologies selected in the three BONUS RETURN empirical case areas (Slupsk in Poland, Vantaanjoki in Finland, and Fyris in Sweden). The review aims to increase the understanding on which and how particular economic models assess ecotechnologies, and to shed light on both the benefits and costs of adoption of selected ecotechnologies, the social and private components of those costs and benefits, and which incentives may trigger or hinder their adoption.

Apart from introducing the theoretical background of typical economic models and analyses, the report contains a comprehensive review on ecotechnologies for carbon and nutrient recovery and reuse in the wastewater and agricultural sectors. Generally, the review reveals an increasing quantity of economic literature on ecotechnologies within the last six years, whereas the major share of studies focuses on the private costs related to implementing and maintaining a specific technology.

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