Project description
Market-based instruments for Forest Ecosystem Services’ assessment
Forests 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.
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 will mid-way in the project set up an Accelerator Service for (new or pre-existing) PES and MBI schemes, piloting new designs and MBI business models to boost the development, outcomes and impacts of targeted interventions.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences sociology governance
- agricultural sciences agriculture, forestry, and fisheries forestry silviculture
- natural sciences biological sciences ecology ecosystems
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.2.6 - Food, Bioeconomy Natural Resources, Agriculture and Environment
MAIN PROGRAMME
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Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-RIA - HORIZON Research and Innovation Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-CL6-2023-CIRCBIO-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
1165 KOBENHAVN
Denmark
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.