Our projects
A project portfolio based on impact efficiency
The overall objective is to achieve maximum return for the Baltic Sea on the foundation’s assets. Return is measured as reduction of phosphorus [1] in the Baltic Sea. The evaluation considers several aspects such as:
Cost per kg of reduced phosphorus
Likeliness of success
Scalability
Access to external project funding, providing leverage
Maximum potential
Strategic fit with the organisation
Project portfolio aspects (i.e. projects with large potential as well as projects with short term measurable results)
Race For The Baltic has built a project portfolio from which projects are evaluated and prioritised based on the requirements above. We continuously scout for new project ideas and are always interested in suggestions.
[1] Impact can best be measured using the Baltic Sea Impact Index. However this can normally be boiled down to phosphorus reduction, which is therefore used as the normal currency in RFTB’s evaluations and e.g. other nutrients are converted into phosphorus equivalents.
The projects’ address SDG 6 (clean water and sanitation), SDG 9 (industry, innovation and infrastructure), SDG 11 (sustainable cities and communities), SDG 12 (responsible consumption and production), SDG 14 (life below water) and SDG 17 (partnership for the goals).