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Private finance in marine ecosystem restoration

EU-MERCES webinar series

By GRID-Arendal

August 23^rd, 2018

A webinar series focussed on marine ecosystem restoration provides fresh perspectives on how we can benefit from better planning for a healthy marine environment.

GRID-Arendal and the Marine Ecosystem Service Partnership (MESP) will host a 5-part webinar series from MERCES (Marine Ecosystem Restoration in Changing European Seas), an Horizon 2020 project for Blue Growth funded by the European Commission and focused on the restoration of degraded marine habitats from the coast to the deep sea. The webinar series will be of interest to a wide variety of stakeholders from academia to businesses, economists and decision makers.

The first MERCES Project webinar focussed on "Getting Better Value from Our Coasts" and can be viewed online at http://www.grida.no/resources/12615

The second webinar, named ‘Private finance in marine ecosystem restoration’, will take place on Tuesday 25 September, from 15:00-16:00 CET and will focus on two important topics:

Private finance in marine ecosystem restoration

Identifying private financing mechanisms for marine ecosystem restoration

Rolf Groeneveld, Wageningen University, Environmental Economics and Natural Resources Group

Traditionally governments have been the dominant source of finance of ecosystem restoration, including marine ecosystems. Recent developments, however, have seen the growth of private sources of finance for restoration and conservation of biodiversity. In this webinar I will explain the major sources of such private finance, the institutional and biophysical obstacles to such finance, and the mechanisms that have been developed to overcome these obstacles.

Private finance in marine ecosystem restoration

Private financing potentials for marine ecosystem restoration: a kelp-urchin case in Northern Norway

Wenting Chen, Norwegian Institute for Water Research

Urchin barrens have dominated the Northern coast of Norway in the last forty years. As a main predator for kelp forest, overpopulation of sea urchins are the main reason of disappearance of kelp forest. There have been various initiatives from private industry to make use of sea urchins at the same time to restore kelp forest in the region. In the webinar, I will discuss private financing potentials for kelp forest restoration in Northern Norway and the experience we had from collaborating with industry.

Footnotes

Header photo: Janne K. Gitmark, NIVA

Register for webinar

FootNotes

Header photo: Janne K. Gitmark, NIVA

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