Changes in Baltic Sea ecosystems will cause financial losses up to 120 million euros per year new study shows. Showing that the regeneration of an ecosystem to an economic target is not straightforward, as there are multiple interacting drivers involved that need to be considered and understood.ย
In a new article published in the Proceedings of the Royal Society, researchers from Sweden, Spain, Germany, Denmark and Norway look at the socio-economic consequences of less cod in the Baltic Sea. The study is relevant to managers and policy makers because it provides a new perspective to the bio-economics of the Baltic Sea.
The good news are that overfished predatory fish populations such as the Baltic cod are showing signs of recovery andย has increased steadily since 2005. The bad news is that a complete recovery is near impossible. This is because the ecosystem in which the cod thrives has changed after years of degradation. And the cost of this is significant.
To read the full summary of the study, please see click here or see link below.