BalticSTERN is a response to calls by Nordic Ministers for the Environment in 2008 and 2009, asking for Stern-like analyses to be made for the Nordic Seas, referring to the review on economics of climate change by Sir Nicolas Stern, made on assignment by the British Prime Minister, and published in 2007. The acronym STERN in BalticSTERN stands for Systems Tools and Ecological-economic evaluation - a Research Network, but is also inspired by the Stern review.
The BalticSTERN Secretariat coordinates the network and communicates the results. An aim is also to contribute to the science-policy dialogue on the management of the Baltic Sea and to discuss policy instruments for reaching environmental targets.
Based on research in the network and other relevant studies, the Secretariat has written a synthesis report directed to decision makers, published on March 14th 2013.