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.