Source AP ©

The Swedish government earmark around US$72 million to restore environment

The Swedish government said it will earmark around 500 million kronor (EUR54 million; US$72 million) to restore damaged Baltic and North sea environments.

Environment Minister Andreas Carlgren and the country's EU affairs minister, Cecilia Malmstrom, outlined the plan in an opinion article in a Stockholm daily.

It will include projects to re-oxygenize seabeds and recreate natural marine migration paths for various fish species. The plan will be presented in the government's spring budget next week.

Efforts will also be made to intensify its sea cooperation with other Baltic Sea states and within the European Union, the ministers said.

"The efforts in both Sweden and in our neighboring countries have not been enough," they wrote, pointing to the growing patches of oxygen-free sea-beds and the spreading of algae bloom.

The ministers said they plan to invite other governments to take part in the writing of a joint social and economic report on the seas _similar to the Stern report that deals with the global risks of climate change  before Sweden's EU presidency in 2009.

Comments
Russian government prepares to get rid of US dollar in economy
Russian government prepares to get rid of US dollar in economy
Turkey desperately tries to rescue its national currency as it falls to all-time lows
Turkey desperately tries to rescue its national currency as it falls to all-time lows
US sanctions to kill Russian banks and sovereign debt?
Russia builds new robotic tank invulnerable to mines
Russia builds new robotic tank invulnerable to mines
Russia starts Star Wars first. USA concerned and puzzled
Turkey and USA take their relationship to breaking point
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
Details of Putin-Merkel surprise meeting unveiled
Turkey and USA take their relationship to breaking point
Iran shows new ICBM that can evade radars
US refuses to explain reasons behind new 'draconian' sanctions
Russia starts Star Wars first. USA concerned and puzzled
US sanctions to kill Russian banks and sovereign debt?
Pilot shares his impressions after flying Su-57 fifth-generation fighter
Russia to respond with military-strategic blow to new USA's sanctions
Russian government prepares to get rid of US dollar in economy
Russia to respond with military-strategic blow to new USA's sanctions