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Nordic Environment and Economy Programme

Economic theory helps to understand how people use limited resources. This knowledge is important for figuring out which policy instruments can effectively address environmental issues. It involves exploring how different instruments can work together and their overall impact on solving specific environmental problems.
Environmental economics is an interdisciplinary field that helps to identify what it takes to achieve a sustainable transformation of societies. The Nordic Environment and Economy Programme brings the perspective of environmental economics into various policies, including those related to the environment, climate, finance, business, research, and innovation. This integration supports societal development.
The programme generates and evaluates analyses, surveys, and recommendations aimed at reducing the Nordic countries' consumption and production-based footprints. It also focuses on decoupling environmental impact from economic growth.
Focus areas:
  • Contributing to developing policy instruments that promote a just green transition.
  • Identifying tools, instruments, and mechanisms that promote biodiversity.
  • Enhancing the competitiveness of Nordic countries and companies in the green transition.
  • Reducing the ecological footprint through a circular economy.
  • Evaluating alternative welfare measures and their suitability for Nordic countries.
The programme focusses on economic regulation and the societal challenges and opportunities of sustainable transformation in Nordic societies.

Coordination: Finnish Supervisory Authority
Total budget: DKK 10 Mio
READ MORE: norden.org
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