EU-MERCES webinar – Private finance in marine ecosystem restoration

EU-MERCES webinar - Private finance in marine ecosystem restoration
The webinar will focus on two important projects:

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 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.

EU-MERCES webinar – Private finance in marine ecosystem restoration