📋 Tender Overview
Incentivising Future Forest Ecosystem Services And Incomes In Europe
Market-Based Instruments For Forest Ecosystem Services’ Assessmentforests Play A Critical Role In Climate Mitigation, Biodiversity Conservation, Water Regulation, Recreation, Culture, And Health. However, For Europe’S Forests To Fully Realise Their Potential In Providing Forest Ecosystem Services (Fes), There Is A Need For Effective Management. Climate Change Will Impact Future Fes, While The Societal Demand For Them Is Dynamic, And Some Economic Values Remain Unexplored. The Eu-Funded Intercede Project Aims To Address This By Developing Policies Using Market-Based Instruments (Mbi) To Better Align The Supply And Demand Of Fes From Europe’S Forests. The Project Will Create Evidence-Based Scenarios For Fes Supply And Demand, Assess The Eu’S Rural Development Programme Investments From A Payments For Environmental Services (Pes) Perspective, And Map And Evaluate The Eu’S Mbi Landscape.
Funded Under
Food, Bioeconomy Natural Resources, Agriculture And Environment
Total Cost
€ 5 999 675,00
Eu Contribution
€ 5 999 675,00
Coordinated By
Kobenhavns Universitet
Denmark
Start Date
1 March 2024
End Date
29 February 2028
Objective
Forests are crucial for climate mitigation, biodiversity protection, water flow regulation, recreational, cultural and health services – and many other forest ecosystem services (FES). Yet, as our key challenge, Europe’s forests at present critically undershoot their potential to deliver FES. Climate change will affect future FES supply. Societal demand for FES will be complex, and highly dynamic. Some FES economic values are ill explored. Facing these challenges, INTERCEDE will help to better match future FES supply and demand from Europe’s forests. First, we will project theory-informed yet evidence-based scenarios for future FES supply and demand. Second, as recognized in the EU Forest Strategy, Market-Based Instruments (MBI) can be key in improving tailored incentives and incomes for forest owners to manage their forest for socially optimal FES provision. MBI can thus help aligning FES supply with multidimensional demand. We will comprehensively map and evaluate Europe’s current MBI landscape, adding new rigorous impact evaluations of Payments for Environmental Services (PES) schemes, while also assessing the EU’s Rural Development Programme (RDP) investments from a PES angle. From this, we will develop effective, adaptable and scalable MBI policies. We can only achieve this by systematically connecting research to policy and practice, creating our multi-actor aligned Transdisciplinary Forum as key interface. Our consortium brings together small and medium-sized enterprises assisting forest owners in FES management practices, organisations representing landowners and environmental interests, and researchers who excel in modelling and valuing FES, in the economics of instrument design, and in governance and policy analysis. The consortium wi
