Year in Review for 2022 now online
In 2022, our projects made a significant impact with a reduction of 16 tons of phosphorus in the Baltic Sea, equivalent to 16,000 tons less algae! We also strengthened our relationships with Polish ports and identified new terminals with a potential leakage of 60 tons of phosphorus. We're excited to share our key results from 2022 and look forward to new projects, existing projects in exciting phases, and new initiatives in 2023.
Contact us at info (at) raceforthebaltic.com to receive a printed Year in Review
Exceeding last years impact and expanding our strategy
A message from the CEO
As we reflect on the past year, we are especially proud to report significant accomplishments in our efforts to expand into Poland. Despite the challenges presented by the ongoing war in Ukraine, we have made great strides in strengthening our relationships with Polish ports and other stakeholders, and launched an important new project aimed at limiting phosphorus leakages related to fertiliser production.
The war in Ukraine had a notable impact on our operations in Poland. Polish municipalities had to shift their focus to assisting their neighbours in need, while EU sanctions resulted in the closure of some port terminals that had dealt with Russian fertilisers. Other terminals operated at maximum capacity due to soaring demand for Polish fertilisers, leaving little time for environmental projects. However, we remained committed and managed to find ways to progress.
We are pleased to report that across all our projects, we not only met but exceeded our performance from the previous year, preventing an additional 16 tons of annual phosphorus inflow. Furthermore, we have dedicated significant resources to business development, resulting in the identification of two new potential business areas. The first involves the implementation of the EU's Water Framework Directive under the project name "Policy Implementation," and the second involves investment opportunities that benefit the Baltic Sea.
Looking ahead to 2023, we are excited to continue developing these new business areas and making the most of the potential we have identified. Despite the global political climate continuing to present challenges, we remain optimistic about our expansion efforts.
I would like to take this opportunity to express our sincere gratitude to our employees and partners for their continued support. I look forward to another exciting year ahead.
Peter Wiwen-Nilsson
CEO, Race For The Baltic