Smart information, governance and business innovations for sustainable supply and payment mechanisms for forest ecosystem services
The Finnish case in InnoForEst develops and analyses the innovation of ecological compensation in Finland and in particular raising forest owner interest in providing compensations. In collaboration with forest owners and other actors in forestry, a mechanism is developed for finding, assessing and restoring suitable forest sites for compensations.
InnoForESt analyses and fosters initiatives and networks in six case study regions in Europe, with an aim to explore potentials for the development of policy instruments and business models for sustainable provision of forest ecosystem services, and their up scaling to national and EU-level. Six case studies represent a range of different innovations regarding carbon certificates, collective carbon sequestration, ecological compensations, value chains, watershed governance and public and youth forest relations.
Finnish Environment Institute works together with the Finnish Forest Centre in the Finnish case study. The international project is financed by the EU (Horizon 2020) and lead by Eberswalde University for Sustainable Development. Other participants come from countries including Italy, Austria, Sweden and Slovakia.