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Browsing by master's degree program "Maatalous-, ympäristö- ja luonnonvaraekonomian maisteriohjelma"

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  • Puntila, Hanna (2023)
    Vuoden 1945 maanhankintalailla perustettiin Suomeen noin 90 000 uutta tilaa tai tonttia, asuttamiseen käytettiin noin 2,5 miljoonaa hehtaaria maata. Sen tarkoituksena oli saada työtä ja asuntoja siirtoväelle sekä rintamamiehille. Maanhankintalain nojalla maatalous pientilavaltaistui ja sitä siirtyi heikkotuottoisimmille alueille, kuten Pohjois- ja Itä-Suomeen. Siirtoväestä valtaosa asutettiin Etelä-Suomeen, koska se vastasi siirtoväen entisen kotiseudun olosuhteita. Tutkielmassa verrataan Hämeen läänin maatalouden tunnusluvuissa vuosina 1945–1950 tapahtuneita muutoksia Uudenmaan, Vaasan, Mikkelin sekä Turun ja Porin lääneihin. Maisterintutkielman tavoitteena oli selvittää vuoden 1945 maanhankintalain vaikutuksia tuon ajan Hämeen läänin maatalouteen ja alueen maanluovuttajiin, näiden viljelyn jatkuvuuteen ja tilojen tuottavuuteen. Tutkielmassa tarkastellaan kirjallisuuden ja asiantuntijan haastattelun tuella Hämeen läänissä vuosien 1941 ja 1950 välillä maatalouden tunnusluvuissa tapahtuneita muutoksia, kuten teknologian määrää, tuotannon ja tilojen rakennetta. Tutkielmassa on tarkastelussa maanluovuttajia silloisen Hämeen läänin alueelta. Henkilökohtaisten haastattelujen ja arkistopohjaisen tiedon perusteella on pyritty selvittämään, miten maanluovutukset vaikuttivat viljelmien toimintaan ja tulevaisuuteen. Verrokkilääneistä viljelmien keskikoko laski eniten Hämeen läänissä maanhankintalain vaikutuksesta. Verrokkilääneistä Hämeen lääniin perustettiin eniten maanhankintalain mukaisia tiloja, josta on seurannut tilojen keskikoon huomattava lasku. Teknologinen kehitys on seurannut paljolti läänin viljelmien keskikokoa. Lypsykoneita on ollut sitä enemmän yhtä lehmää kohden, mitä korkeampi on läänin tilojen keskikoko. Vuoden 1941 perusteella traktoreidenkin yleisyys on perustunut läänin viljelmien keskikokoon. Sato- ja tuotostasot ovat nousseet tilakoon noustessa. Suuremmat tilat ovat pystyneet hyödyntämään paremmin tuotantopanoksia. Hämeessä myös navetoiden yksikkökoot laskivat ja maidontuotantoa siirtyi asutustiloille. Maanhankintalailla sovellettu ”kielipykälä” johti osittain siihen, että Hämeeseen muodostui asutustoimintaa enemmän kuin esimerkiksi Uudenmaan sekä Turun ja Porin lääniin. Kielipykälä rajoitti suomenkielisen väestön asuttamista ruotsinkielisille alueille. Maanhankintalain toimeenpanoon lunastettiin yksityisomisteista maata progressiivisen asteikon mukaan. Mitä suurempi tila oli, sitä enemmän sen piti asutuskäyttöön maata luovuttaa. Hämeen läänin maanluovuttajat joutuivat eriarvoiseen asemaan kielipykälän vuoksi. Monilla ruotsinkielisillä alueilla suuret tilat jäivät luovutusten ulkopuolelle, mutta Hämeen läänissä ei ruotsinkielisiä alueita ollut. Maanluovutuksista seurasi usein suoraan taloudellisia menetyksiä, kuten tuotannon ja tuottavuuden alentumista. Joissain tapauksissa tuotannon loppumista. Lisäksi osalle maanluovuttajista lunastetut alueet korvattiin valtion velkasitoumuksilla, joiden arvon inflaatio söi 10-vuodessa vain murto-osaan niiden todellisesta arvosta. Tämä oli lisäämään keskustelua valtion ”agraariryöstöstä”. Velkasitoumuksien arvon alenemisen riskit ovat maanhankintalakia valmistellessa tiedetty, koska aihe on ollut tuolloin poliittisessa keskustelussa. Suurempien maanluovuttajien kohdalla vaikutukset voivat olla edelleen nähtävissä, jos peltoala ei ole tänäkään päivänä noussut maanhankintalakia edeltävälle tasolle. Tällaisten tilojen kohdalla maanluovutukset johtivat elämäntavan muutokseen ja suuriin taloudellisiin menetyksiin. Valtaosa yksityisistä luovuttajista kuului 25–50 peltohehtaarin kokoluokkaan. Maanluovutusten aiheuttamat rakenteelliset vaikutukset ovat nähtävillä tämän kokoluokan tilojen kautta, vaikka yksittäisiä tapauksia tarkastellessa ovat vaikutukset olleet suurimmat yli 50 peltohehtaarin viljelmillä. Maanhankintalaki on vaikuttanut toimeenpanevasti moneen muutokseen, kuten 1950-luvulla ilmenneeseen maataloustuotteiden ylituotantoon, joka johti tuotannon tarkempaan sääntelyyn. Lain toimeenpanon myötä myös maataloutta siirtyi aiempaa enemmän Pohjois- ja Itä-Suomeen. Tilojen keskikoko laski ja maataloudesta tuli osa aluepolitiikkaa. Rakenteellisesti vaikutukset ovat edelleen nähtävillä, mutta yksittäisten tilojen kohdalla on tunnistettavuus usein hautautunut lukuisten maanhankintalain jälkeen tulleiden lakien, kiintiöiden, mietintöjen ja sopimusten taakse.
  • Kaariaho, Tuomas (2023)
    Following the Fukushima Daiichi nuclear accident in 2011, Germany swiftly decommissioned eight of its seventeen nuclear reactors, ultimately committing to a complete nuclear phase-out. Consequently, a substantial portion of nuclear power production was replaced by fossil fuels. Given the established link between fossil fuel use in electricity generation and localized air pollution, this transition likely adversely affected local air quality and associated respiratory health effects. This thesis examines the unintended health consequences of Germany's nuclear phase-out, focusing on premature mortality from non-communicable respiratory diseases, quantified through Potential Years of Life Lost. This thesis uses the synthetic control method to investigate the health outcomes of nuclear phase-outs, adding to the limited existing literature in this domain. Employing synthetic control techniques and utilizing mortality data from the World Health Organization, I am able to construct a counterfactual scenario representing a Germany that did not phase out nuclear energy. This allows me to assess the trajectories of potential years of life lost due to non-communicable respiratory diseases following the nuclear plant closures. I find an annual increase of 14 potential years of life lost per 100,000 residents after these closures, predominantly affecting individuals aged 50 to 64. The resulting economic costs due to this increased mortality range between five billion to 19 billion euros, depending on the chosen value of life year. Considering the exceedingly low probability of Fukushima scale nuclear accident, these figures surpass the expected damages of a such accident. In sum, this thesis underscores the importance of considering potential unintended consequences of policy changes. The German nuclear phase-out led to amplified mortality and economic expenditures. Despite its substantial local impact, local air pollution remains less recognized than greenhouse gas emissions. Policymakers should extend their considerations in the energy sector to encompass local air pollution alongside greenhouse gas emissions.
  • Jaana, Haavisto (2023)
    Policy makers must make decisions regarding budget allocation between policies and research. Only actions improve the state of the system, but knowledge increases the probability of effective action. The outcome of environmental policies is usually uncertain, and the question remains: should we invest more in research or use resources for additional policies? Under uncertain decision making, it is clear, that doing and knowing go hand in hand. Still, there is a lack of scientific analyses about the relationship between these features. This paper analyses how uncertainty in policy implementation outcome (i.e., Value- of- control, VoC) effects the need for additional knowledge, which is measured using value- of- information (VoI) analysis. Additionally, the paper analyses how the obtained results can help in the allocation of resources between policy and research. To answer these questions, I use a published Bayesian decision model by Helle et al. (2015) as a source for further analysis. It is an influence diagram model, consisting of two decision variables, 40 random variables and 13 utility variables which are described in euros, allowing the monetary summarisation of utility. I introduce levels of implementation uncertainty to the other decision by placing an additional random variable to influence the successor variables of the decision. I define the levels of uncertainty using two co-variation methods, first one being the proportional co-variation method, and the second one the order- preserving uniform method. By this way, I analyse and compare the effect of distinct levels of decreased controllability (VoC) to VoI analysis results. These two methods describe two alternative ways of modelling the uncertainty in implementation, which is always uncertain when we consider future actions that have yet to been implemented. I conduct the analysis separately for both co-variation approaches, and 10 alternative levels of implementation uncertainty, to enable systematic comparability between the chosen methods, and to learn alternative ways to consider the relationship of controllability and knowledge. First, I preform the VoI analysis only for the policy that is subjected to implementation uncertainty. Secondly, the analysis is done for both decision variables and the Single Policy Updating (SPU) algorithm of Hugin software is used for detecting optimal policies for different implementation uncertainty levels. In other words, I show how the various levels of controllability of the system impact the needs to carry out research. I argue, that this is a fundamental question for many environmental policy questions, such as climate change, eutrophication, loss of biodiversity and in my example, risks of oil spills. The results show a consistent, but interesting effect of decreased controllability to the VoI analysis results. Increase in implementation uncertainty raises the overall VoI and increases the number of variables presented with VoI, i.e., once the estimated uncertainty of controllability increases, the chance to achieve desired results increases only by knowing more. When only one decision variable is included, VoI increases to the point of no control, indicating that VoI is zero when controllability of the system is zero, indicating that there is no point of carrying out research, if the knowledge cannot be used to improve the effects of actions. When both decision variables are included in this case, VoI increases to a certain point and decreases after that. This study highlights the need for such analyses in decision problems, where uncertainty in policy implementation is often overlooked. This is the case with most deterministic, point estimate models. I argue, that this type of analysis would lead to more effective solving of environmental problems.
  • Jenkins, Jamie (2020)
    The Arctic environment is unique and hosts many economic opportunities. The environment is fragile and is home to many different animals, plants and indigenous people. The area has undergone periods of remilitarisation since the end of the cold war, and this is impacting local communities economically, environmentally and their social development. This research has been undertaken to assess the impact that military activity is having on these local communities. A literature review was undertaken in 3 key areas: Arctic sustainability, military sustainability and Arctic militarisation to identify relevant indicators that impact sustainable development. Sustainable development was defined using the 3 pillars from the Brundtland report, as economic, environmental and social. These indicators were collated to create a conceptual framework that was used to analyse two case study cities in the Arctic. These two cities were Fairbanks, in Alaska, and Severomorsk in Russia. These were chosen as economically and socially, they are very different, but they share the main similarity of being militarised Arctic cities. This meant the framework was tested on two different cities and in two different environments to test the validity and usefulness. The two case studies were built from reports, census information, statistical information and government reports. Although quantification was outside the scope of this research, observations were found from the data. Economically, the impact is positive. Military activity generates jobs, growth, infrastructure and military spending. The environmental impact is clearly negative. Military activity contaminates groundwater, soil, water and the local environment. The social impact is more ambiguous. Military activity helps foster community development but can impact personnel health. A discussion was undertaken on the effectiveness of the framework and improvement areas. The framework provided a good overall picture of activity but could be improved in some areas. These areas include reducing subjectivity in the construction phase, improved environmental data and time series data. The research was limited by time constraints and data availability in some impact areas.
  • Tamminen, Tiina (2021)
    One-fifth of Finland’s total greenhouse gas emissions and two-fifths of the Effort Sharing sector’s emissions come from domestic transportation. Of the domestic transportation emissions, 94% comes from road traffic. The target for Finland is to reduce 39% of the greenhouse gas emissions from the Effort Sharing sector by 2030, and Finland is committed to halving its emissions from traffic by the year 2030 compared to the 2005 level. The electrification of the vehicle fleet is one of the instruments set to achieve the emission reduction targets of the transportation sector. An ambitious goal of 700 000 electric vehicles, of which a significant part is battery electric vehicles, is suggested for 2030. The study explores the most significant attributes and the factors that affect the likelihood of adopting electric vehicles in Finland. The choice experiment data was collected by a survey questionnaire. The data comprises 409 respondents and represents the Finnish driving license holders well regarding age, gender, and living county. The data was analysed with econometric models using Nlogit and SPSS software. The results show that the most important attributes in vehicle purchase choice are purchase price, driving range, and charging time. Driving costs and CO2 emissions from driving were not statistically significant in this study. Plug-in hybrids were chosen more frequently than battery electric vehicles. The study finds many socio-demographic characteristics, and vehicle and driving-related factors that affect vehicle purchase choice. These simultaneously statistically significant characteristics for the vehicle purchase choice for battery electric vehicle are living county Uusimaa, university degree, gender woman, age less than 50 years, and driving less than 50 km per day. The variables found to increase the probability to choose a plug-in hybrid vehicle are residence in Northern or Eastern Finland, university degree, gender woman, row or semi-detached house, and the possibility to charge an electric vehicle at home. The study identifies the respondents who never chose an electric vehicle in the choice tasks and reveals a wide set of attitudes towards electric vehicles. The study reveals respondents' overall lack of information on electric vehicle and traffic emissions, and instruments for emission reductions.
  • Raschen, Annika (2021)
    This thesis studies the economic benefits that the installation of nature-based solutions can have as a flood risk management tool. The effects of a changing climate often accumulate in urbanised areas and can translate into an increased likelihood and heightened damage potential of precipitation-induced flood events. One way to reduce the devastating flood impact is the use of nature-based solutions, which are management tools relying on natural processes and ecosystem services (EC, 2018). Green roofs are one example of nature-based solutions. To date, little research is available in the academic literature on the economic profitability and cost-efficiency of such alternative approaches (Palmer et al., 2015). The thesis aims to contribute to the scare literature on the topic by conducting a flood damage assessment for a case study site. It is devel-oped from a research contribution to the EU OPERANDUM project, which evaluates nature-based solutions as tool to alleviate hydro-meteorological risks as well as their cost-efficiency on a broader scale (OPERANDUM Project, 2018). The thesis conducts a flood dam-age assessment for green roofs hypothetically installed in Dublin, Ireland. It estimates the expected damage costs from flood scenarios with a recurrence period of 10, 100 and 1000 years. To this end it relies methodologically on a flood damage assessment, specifically the Joint Research Centre model developed by Huizinga, de Moel & Szewczyk (2017), as well as on value transfer. The assessment is re-stricted to the calculation of direct, tangible flood damages. To provide more robust results, the assessment also draws on the analytical insights from the cost-benefit analysis literature and incorporates aspects such as discounting and a partial sensitivity analysis. In terms of software, the majority of the research is carried out in QGIS and Excel. Comparing the flood impacts with and without the installation of nature-based solutions, it assesses the size of the avoided damage costs and finds a noticeable positive impact of green roofs. The green roofs cannot only reduce the size of the flooded areas by up to 19% as well as decrease the water depth in the still inundated parts, but also noteworthily curtails the height of the direct, tangible flood damage costs. The thesis cannot extract definite conclusions on the profitability of green roofs in the sense of providing a net present value, because it does not study costs nor other benefits of green roofs for reasons of scope. It does, however, show that the installation of green roofs can lower the flood damage costs in Dublin by up to 36%. As additional conclusion, this thesis calls for research into more nuanced flood damage assessment methods, since the selected model excluded many factors. A methodological refining could increase the precision of monetary damage estimates. Altogether, the thesis observes that green roofs can be a useful tool to reduce the devastating impact of urban floods. However, green roofs should be combined with other flood management tools, since they can be insufficient if applied on their own.
  • Matula, Alina (2023)
    Among financial institutions, there is a growing concern about risks in their portfolios related to biodiversity, and its closely related affiliate, climate change. Investors are demanding greater transparency and biodiversity management in order to make informed investment decisions in listed equity and to act as responsible shareholders. The aim of this thesis is to explore, from the Nordic pension investor point of view, how the risk related to biodiversity loss is assessed and managed in the financial markets. Following qualitative approach, primary data was collected with 14 semi-structured in-depth interviews of two target groups: pension investors in the Nordic countries and ESG specialists which refers to specialists in sustainable finance or biodiversity related sustainability fields. The results were analyzed using template analysis. The results show that taking biodiversity into consideration in investment processes is constantly evolving and Nordic pension investors are paying close attention to the topic. Among drivers to incorporate biodiversity into investment decision-making, risk management was the most important. ESG specialists' experience of institutional investors' means to influence biodiversity loss mitigation differed from pension investors' perspective. Nordic pension investors are not fully aware of the existing methods for analyzing the risks and impacts of biodiversity loss in their own investment portfolio. However, they are highly motivated to find reliable ways to manage portfolio risks. Integrating biodiversity risks and impacts into the investment process can be challenging due to a lack of investment tools and best practices. Investors are preparing for increasing statutory and voluntary regulation. Both ESG specialists and Nordic pension investors see that lack of comparable, transparent, reliable data is an essential barrier when it comes to listed-equity investments and biodiversity loss mitigation. The data available lacks financial materiality and the impacts of biodiversity loss on the real-world return expectations, and return-risk-profiles are unknown. To solve problems regarding the lack of data in general and especially transparent and comparable data, companies are expected to disclose material nature-related dependencies and impacts, and report associated metrics and targets.
  • Kämäräinen, Kaisa (2021)
    The purpose of this study was to study the current biodiversity management practices in three large size companies and to study the biggest challenges the case companies are facing regarding biodiversity management. Biodiversity loss has been discussed for decades, but in only in recent years biodiversity has been more discussed also from more strategic point of view in the corporate world. The private sector has a considerable impact on biodiversity as well as a large part of the capacity to slow down and change the direction of biodiversity loss. Therefore, it is important that also the private sector considers and manages its impacts on biodiversity. The study was conducted as a qualitative case study including three case companies. The data was gathered through half-structured questionnaires through Microsoft Forms, a one-hour distance discussion with each of the companies, and from the latest annual reports in the fall of 2020. The results showed that biodiversity is considered to be an important topic among the case companies and that they are increasingly considering their impact on biodiversity as well. All case companies expect regulation on biodiversity to increase in the future and also the stakeholder demand around the topic has increased. However, only one of the companies has considered their impacts on biodiversity for years already; they have a management plan and they are following a specific reporting framework. Two of the companies have started to consider biodiversity separately or as a part of their other sustainability topics but they do not yet have biodiversity management plans in place nor do they follow any specific reporting framework. Regarding the biggest difficulties, the results show that especially finding suitable indicators and measuring the impacts on biodiversity are considered difficult. The results also show that understanding the concept of biodiversity and how biodiversity is related to the business is difficult. Companies also see that there is a lot of information regarding biodiversity available, but knowledge on how to use it for managing biodiversity is lacking. The results as well as the literature review indicate that impacts on biodiversity is increasingly managed but there are difficulties that need to be overcome. There are several biodiversity management frameworks that can be used for assessing the impacts and building suitable management plans. The better understanding companies have on their impacts biodiversity and vice versa, the better. It must be noted that the results indicate the views of large size (over 40 million € net revenue) companies in sectors that have rather direct impact on biodiversity. Therefore, the results may differ when studying companies of different sizes and from other sectors.
  • Nyman, Oskari (2023)
    Biokaasu on uusiutuva energianlähde, jolla pystytään korvaamaan fossiilisten polttoaineiden käyttöä teollisuudessa sekä liikenteessä. Tämän vuoksi Euroopan unionin ja Suomen tavoitteena on lisätä biokaasun tuotannon määrää. Suomessa on muihin Euroopan maihin kuten Saksaan ja Tanskaan verrattuna vähän biokaasulaitoksia, mikä johtuu osittain heikosta kannattavuudesta. Tämä tutkielma on tapaustutkimus, jonka tavoitteena on selvittää neljän eri biokaasulaitosvaihtoehdon kannattavuus ja vaikutus tilan energiaomavaraisuuteen loimaalaisella sikatilalla. Tilalla on noin 200 emakkopaikan yhdistelmäsikala sekä noin 160 hehtaaria peltoa viljelyssään. Pienissä biokaasulaitosvaihtoehdoissa syötteinä käytetään 6000 tonnia lietettä, 1000 tonnia kuivalantaa sekä 50 tonnia nurmea. Suurissa laitosvaihtoehdoissa nurmen määrä nostetaan 500 tonniin. Tutkielman teoriaosuudessa käydään yleisesti läpi biokaasuntuotantoa, eli syötteitä, tuotteita ja biokaasuprosesseja sekä maatilakohtaisia biokaasulaitoksia koskevia lakisääteisiä vaatimuksia ja biokaasulaitosinvestoinnille haettavia tukia. Kannattavuuslaskelmat suoritetaan Luken biokaasulaskurilla, joka on suunniteltu alle 35 000 tonnia syötteitä käyttävien biokaasulaitosten kannattavuuksien arviointiin. Biokaasulaskurin lähtötiedot asetetaan sopiviksi tilalta saatujen tietojen mukaan. Tutkimuksen tuloksissa todettiin, että vain suuri biometaania tuottava biokaasulaitosvaihtoehto oli käytetyillä lähtöarvoilla kannattava. Herkkyysanalyyseissä todettiin, että kaikki laitosvaihtoehdot olivat kannattavia, jos käytettävien syötteiden laatu oli lähtöarvoja korkeampi. Lämmön ja sähkön yhteistuotanto (CHP) oli kannattavaa pienessä sekä suuressa laitoksessa, jos ostosähkön hinta nostettiin 12 senttiin kilowattitunnilta. Biometaanin tuotanto oli pienessä laitosvaihtoehdossa kannattavaa, jos myytävän biometaanin hinta oli 1,1 €/kg. Suuressa laitosvaihtoehdossa se oli kannattavaa, kun hinta oli 0,85 €/kg. Lämpöenergian suhteen tila ei päässyt energiaomavaraisuuteen millään laitosvaihtoehdolla. Sähkön osalta suuri CHP:tä tuottava laitos tuotti kaiken tilan kuluttaman sähkön ja pieni CHP:tä tuottava laitos tuotti noin kolme neljäsosaa tilan vuosittaisesta sähkönkulutuksesta.
  • Aarnio, Sebastian (2022)
    Since the term blue carbon was first coined in 2009, the interest in the carbon stocks and annual carbon sequestration of mangrove forests, salt marshes and seagrass meadows has increased noticeably. However, in the past couple of years, the carbon capabilities of kelp forests have also started to garner more attention, leading to multiple published studies arguing for their inclusion as a blue carbon ecosystem. However, so far, few studies have actually compared the amount of carbon stored and sequestered by kelp forests to the three traditional blue carbon ecosystems. Thus, the aim of this thesis was to estimate and compare the amount of carbon currently stored and annually sequestered by the different blue carbon ecosystems. Furthermore, the effects and costs of blue carbon ecosystem degradation were also estimated. Based on the results of a thorough literature review regarding the global distribution and degradation rates of the ecosystems as well as the amount of carbon sequestered and stored per unit area, the total amount of carbon stored in blue carbon ecosystems is estimated to be between 5 and 25 Pg, with mangrove forests storing roughly half of that. Yet, whilst kelp forests are estimated to have a far larger global distribution than all of the other blue carbon ecosystems combined, they only store around 0.1–1.4 Pg of carbon, since all of the carbon is stored in their biomass, unlike the other blue carbon ecosystems, in which the vast majority of carbon is located in the soils. However, the total amount of carbon sequestered annually by all blue carbon ecosystems is estimated to be between 40 and 331 Tg, out of which 8–231 Tg is sequestered by kelp forests. Yet, due to the degradation of the ecosystems during 2022, a combined 30–294 Tg of the previously stored carbon is estimated to be released into the atmosphere, whilst the amount sequestered during the year is reduced by roughly 0.4–6 Tg. Out of the carbon released, the majority is from the carbon stocks of seagrass meadows, whilst the carbon sequestration of kelp forests is reduced the most. The total combined cost of the degradation equals €9–174 billion, when the costs of the previously stored carbon released is combined with the NPV of the reduced carbon sequestration. Out of this, the total cost for kelp forests is estimated at €1–59 billion. However, whilst the number of studies published on blue carbon has increased, the data available regarding the ecosystems is still limited. As such, there are considerable uncertainties regarding the values presented and the results of the thesis should thus be considered rough estimates. That being said, the results still underline the importance of blue carbon ecosystems as carbon sinks as well as the considerable costs caused by environmental degradation. Furthermore, the thesis provides further support for the notion that kelp forests should indeed be considered a blue carbon ecosystem.
  • Husa, Miikka Helmer (2021)
    Climate change and the biodiversity loss have created a need to change forest management in commercial forests. Carbon sequestration, climate change adaptation, and biodiversity conservation can be promoted in commercial forests through various measures, and this thesis examines what factors affect non-industrial private forest (NIPF) owners’ willingness to adopt such forest management practices. Additionally, the aim was to examine whether these factors vary among different measures. A systematic literature review was conducted to summarize previous research on the subject and to serve as reference for an empirical analysis. In the empirical part of the study, survey data of 405 Finnish NIPF owners was utilized to establish binary logistic regression models for forest owners’ willingness to adopt 13 distinct forest management practices. In the empirical analysis statistically significant factors varied among assessed forest management practices, although some patterns were recognized. The most striking consistencies were found concerning older forest owners reluctance towards deadwood in general, and positive effect of environmental motivation in willingness to adopt variety of measures, as long as they do not conflict with biodiversity. Overall, the results imply that the diversity of NIPF owners concerns also their stances on various forest management practices, and they are not indifferent in terms of what forest management practices they are willing to adopt. Thus, when designing and implementing policies and advisory services aiming to promote carbon sequestration, climate change adaptation, or biodiversity protection in commercial forests, policy makers should take into account forest owners’ heterogenous preferences regarding different forest management practices.
  • Leinonen, Helmi (2023)
    Discussion around climate crisis and companies’ role in its mitigation has been accelerating especially in the past few years. Companies are in a crucial role if the targets set in the Paris Agreement are wished to be fulfilled. Companies have also noted the importance of the topic. Corporate environmental responsibility and sustainability themes have gotten a firm foothold in corporate world and companies can control them by utilizing different corporate governance mechanisms. This thesis aims to examine the importance of corporate governance and sustainability management in companies. Purpose is to study whether there is a link between the level of companies’ climate maturity and different corporate governance mechanisms that are used to manage companies’ sustainability. In addition, this thesis examines if there are differences in the results depending on size, industry, or country where companies are headquartered. Scope of this thesis is corporate environmental responsibility and climate sustainability in the context of greenhouse gas emissions. Companies are divided into two groups based on their climate maturity which is determined by whether they have set science-based emission reduction targets validated by the Science Based Targets initiative. Analysis is conducted with statistical analysis, logistic regression and is carried out with Stata. Data is originally from a corporate study and consists of 46 medium and large-sized Nordic companies from various industries. Sustainability criteria in management’s incentive plans and in companies’ investment decisions had a positive and significant link to companies’ climate maturity. Chief Sustainability Officer and board-level sustainability committee were insignificant in the model. Larger companies were more connected to climate maturity most likely because they have more resources to develop their sustainability and corporate environmental responsibility. In addition, larger companies are often obligated to disclose their sustainability performance and face pressure from the public to decrease their negative effects which can encourage them to set more advanced targets. It seems that the most effective measures are mechanisms with concrete criteria, compared to the more symbolic measures with no direct effect. Companies should focus on creating actions with impactful measures that create change in their organizations whereas policy makers should aim to create regulation directing companies towards these measures. Scientific research can help by providing knowledge of the most impactful corporate governance mechanisms. Sample size was relatively small, which prevents from making highly generalized conclusions. With a larger dataset, companies’ maturity could have been determined on a wider scale, different analysis methods could have been used and sustainability could have been considered in a more comprehensive perspective.
  • Österberg, Nico (2020)
    We study the compensation required to increase carbon sequestration in privately owned forests as a part of effective climate policy. We develop a theoretically correct understanding of compensating additional carbon sequestration in a voluntary stand-level carbon offset scheme by creating incentives for extending the rotation from the privately optimal length. We examine the cost of extending the length of the rotation to a socially desired level. The resulting costs and the increase in carbon sequestration determine the level of compensation required to make the private forest owner indifferent between joining the compensation scheme and resuming privately optimal forest management. A correctly defined subsidy scheme is required as forests are expected to play a major role in meeting national climate change mitigation targets, and so far, the existing schemes have failed to attract voluntary participants. The well-established univariate optimal rotation model (Faustmann 1894, Samuelson 1976) with a net carbon subsidy (van Kooten et al. 1995) is used to evaluate the compensation structure in the California Forest Offset Protocol and the New Zealand Emissions Trading Scheme, and to present a theoretically sound framework for subsidizing additional carbon sequestration in forests. An empirically more realistic size-structured forestry model with carbon storage (Assmuth et al. 2018) is used to verify the understanding of a correctly defined subsidy scheme when thinnings and multiple carbon pools are included. The results of the theoretical modelling are compared to practical applications in California Cap-and-Trade and the New Zealand Emissions Trading Scheme. These practical applications have faced various problems and have been subject to numerous revisions, due to issues with baseline establishment, over-crediting, questionable additionality, and leakage. We show that if the compensation scheme follows the Californian structure, a significantly high compensation is required to create sufficient incentives for private forest owners to participate in the sequestration program. The exclusion of carbon stored in harvested wood products may have decreased voluntary participation of post-1989 forests in the New Zealand Emissions Trading Scheme. These schemes serve as an example for the rest of the world of constructing a carbon sequestration compensation scheme. Thus, it is paramount to evaluate the choices in policy design, by comparing the compensation structure to a theoretically sound way of incentivizing additional carbon sequestration.
  • Juvonen, Jaakko (2020)
    Ilmastonmuutoksen aiheuttamien riskien hallinta on nyt ja tulevaisuudessa tärkeää. Tämä tutkielma keskittyy antamaan tietoa päätöksenteon tueksi ilmastonmuutoksen aiheuttamien hydrometeorologisten riskien hallintaan, joita ilmastonmuutos aiheuttaa vedenlaadussa Puruvedellä. Tutkimuksen tarkoituksena on arvioida jatkuvapeitteisen metsän kasvatuksen (CCF) ja suojavyöhykkeiden soveltuvuutta luontopohjaisiksi ratkaisuiksi (NBS), joilla saadaan pidettyä järven vedenlaatu nykyisellään tai parantamaan sitä. Tutkimuskysymys on: ”Onko taloudellisesti järkevää käyttää jatkuvapeitteistä metsän kasvatusta ja suojavyöhykkeitä ravinnekuormituksen vähentämiseen tutkimusalueella, jotta vedenlaatu alueella säilyy vähintään nykyisellä tasolla” Aiempi tutkimus on osoittanut jatkuvapeitteisen metsänkasvatuksen olevan taloudellisesti varteenotettava vaihtoehto kasvattaa metsää. Lisäksi tutkimus on osoittanut, että CCF ja suojavyöhykkeillä voidaan vähentää vesistöihin kohdistuvaa ravinnekuormitusta metsämailta. Näistä NBS:istä aiheutuvia kustannuksia ja hyötyjä arvioidaan tutkielmassa kustannus-hyötyanalyysin keinoin, jossa tarkoituksena on laskea projektista johtuvat hyödyt ja kustannukset ja verrata näiden nettonykyarvoa. Mikäli projektista seuraava yhteiskunnan nettohyöty on positiivinen, tulisi projektia suositella. Tutkimusalueen virkistysarvo arvioitiin käyttämällä hyödyksi Luonnonvarakeskuksen aiempia arvottamistutkimuksia. Virkistysarvoja verrattiin NBS:stä aiheutuviin taloudellisiin menetyksiin metsänomistajille. Kustannukset saatiin hyödyntämällä kokoluokka-rakenteista metsän optimointimallia. Tavoitteena oli selvittää, mikä on metsästä saatava maksimoitu tuotto metsänomistajille ja verrata sitä optimointitulokseen, jossa päätehakkuu on rajoitettu. Tämän lisäksi suojavyöhykkeillä olevan metsän maksimoitu arvo laskettiin, josta saadaan suoraan metsänomistajille aiheutuva menetys, koska alueet poistuvat kokonaan metsätalouden piiristä. Jatkuvapeitteinen metsänkasvatus oli kummassakin tapauksessa taloudellisesti optimaalinen tapa kasvattaa metsää. Tämän lisäksi arvioitu yhteiskunnan nettohyöty projektista on positiivinen, joten NBS:iä voidaan tältä perusteelta suositella keinoiksi vedenlaadun säilyttämiseksi tutkimusalueella. Tutkimuksen tuloksiin on kuitenkin suhtauduttava varauksella, koska analyysiä tehtäessä tutkimusalueen ravinteiden huuhtoutumismallit ovat vielä tekeillä, joiden valmistuttua tarkempi tieto NBS:ien vaikutuksista on saatavilla.
  • Tanhuanpää, Taru (2023)
    The accumulation of biological material, i.e., biofouling, on ship`s hulls is a significant issue both for the shipping companies and the environment. Biofouling on a ship`s hull increases friction, leading to increased fuel consumption and hence, an increase in the fuel costs and emissions from shipping. Furthermore, the EU maritime traffic will be included in the EU Emissions Trading System in 2024, meaning that shipping companies must pay for their carbon dioxide emissions. This creates an additional economic incentive for the companies to prevent biofouling. The main methods for preventing biofouling on a ship`s hull are different coatings and possible in-water cleaning of the coated surfaces. The coating types include biocidal coatings, fouling release coatings, and hard coatings. Despite the notable problems from biofouling, there is currently no international regulation concerning biofouling management of shipping companies. A holistic understanding of this complex issue is needed to develop more sustainable shipping in the future. In this thesis, I analyze this topic by further developing an existing Bayesian network model, which is a decision tool for examining the outcomes from different biofouling management strategies. My focus on the topic is the costs of shipping companies from biofouling and its management. The existing model concerns the costs of coating, in-water cleaning, and fuel consumption. In this thesis, I add emission allowance costs and uncertainty to the fuel prices in the model to study whether these additions would change the profitability of different biofouling management strategies. My hypothesis is that to minimize the costs of biofouling and its management, shipping companies should increase the in-water cleaning times when the emission allowance costs are included in the model. The study revealed that the most cost-effective coating type, for a general cargo ship and a tanker, is a fouling release coating. For a passenger ship, the cost-effectiveness depends on the age of the coating, but a biocidal coating is the most cost-effective option when the age of the coatings is two years. My additions to the existing model did not change the result concerning the cost-effectiveness of the coating types. The results also revealed that the future inclusion of maritime transport to the EU Emissions Trading System will increase the costs of shipping companies from biofouling. Despite this, my hypothesis got rejected since the inclusion of the emission allowance costs did not lead to increased in-water cleaning times. My changes in the fuel prices led to a decrease in the in-water cleaning times, for some ship types, compared to the original model. This is not due to the uncertainty itself but because the fuel price distributions, which I used, led to lower expected fuel costs than in the original model. The study highlights that fuel costs might be one of the most important factors in determining whether enhanced biofouling management will be profitable for shipping companies in the future.
  • Takamäki, Saana (2021)
    Anthropogenic greenhouse gas concentrations have raised alarmingly high in the atmosphere during the last century and there is an urgent need for cost-effective climate policies to tackle climate crisis. European Union’s Emission Trading System (EU ETS) is the major market instrument for decreasing the emitted greenhouse gas emissions cost-effectively in the European Union. In addition, EU member states apply complementary and partly overlapping policies with EU ETS. Such demand-reducing policies do not affect the total amount of emissions at the EU level when the emission cap is binding because of the observed “waterbed effect”. However, the effectiveness of overlapping demand-reducing policies has changed due to the implemented Market Stability Reserve, which absorbs allowances from the market while endogenizing the emission cap. Furthermore, market agents can unilaterally cancel emission allowances from the market to tighten the emission cap. Previously Finnish Government committed to phase-out coal by 2029 in order to decarbonize the national energy system. However, there is no full certainty regarding to what extent does the Finnish coal ban reduce total emission at the EU level. Thus, the aim of this thesis is to quantify the cumulative impact of Finnish coal ban and its effectiveness to reduce emission at the EU level. This thesis determines how many allowances shall be unilaterally cancelled at different years to guarantee that the coal ban has a full effect on the total emissions at the EU level. A scenario analysis is conducted through model simulations to showcase how the effectiveness of coal ban could be maximized while minimizing the costs related to unilateral cancellation. This thesis contributes to the limited literature on unilateral cancellations as an instrument to strengthen the effectiveness of overlapping demand-reducing policies within the EU ETS. The results show that the unilateral cancellation is more cost-effective when implemented after the MSR has stopped absorbing allowances from the market because until then, the unilateral cancellation policies are rather low in cost-effectiveness. In addition, earlier the coal phase-out policies are implemented the higher is the effectiveness of the coal ban due to the higher synergies between Market Stability Reserve and demand-reducing policies.
  • Turunen, Anna Kaarina (2023)
    Lack of finance is a major constraint for the smallholder soybean farmers in northern Ghana. The area is affected by soil degradation, poverty, and food insecurity, while a majority of the people in the area get their livelihood from agriculture. As a possible solution for the three problems, a natural biofertilizer and biocontrol agent, rhizobium bacteria, can be introduced to the rhizospheres of the soybean. This is usually done by applying rhizobium bacteria to the seeds of a legume prior to planting. This rhizobial inoculation technology improves plant growth, nutrient availability and uptake, as well as yields, thereby increasing the income and food security of the smallholder farmers. A credit to be invested in rhizobium inoculation technology would provide smallholder farmers with the opportunity to improve soil fertility and increase farm productivity, improving their food security and enabling them to earn additional income. The private market for rhizobial inoculants is nascent, but many of the farmers report financial constraints. To create a functioning market and to realise the social and environmental benefits of soybean cultivation and rhizobium inoculation technology, it is important to understand the causes of credit constraints of smallholder farmers and how to reduce them. In this thesis, I study the prevalence and the determinants of credit constraints among smallholder soybean farmers by applying a logistic regression model to a sample of 133 smallholder farmers in northern Ghana. I first define credit constrained status of the farmers and conclude that the prevalence of observable credit constraints in the sample is 57.1%. I conclude that there are two broad categories of variables affecting a farmer’s status as credit constrained. The first of these is the type of guarantees that a farmer can offer to the lender. Such guarantees are represented by membership in a farmers' association (and hence access to possible joint guarantees), existing assets such as ownership of cows, and a farmer's experience in soybean production (reflecting knowledge of good investment decisions in the sector). The second category relates to the supply of credit and the factors affecting it. The factors affecting credit supply identified in this study are regional disparities and loans targeted to a certain group, such as women. By influencing the supply and conditions of credit, the financial constraints of smallholder farmers can be alleviated. Such policy interventions, combined with other leverage points such as social learning and access to information, contribute to the adoption of desirable farming practices. Because of the many benefits of rhizobial inoculation in soybean production, its adoption could be promoted by offering credit directed particularly for the adoption of this technology. This would benefit not only the farmers but have broader benefits in the form of climate change adaptation and mitigation
  • Kokkonen, Tuomas (2023)
    Gypsum treatment of fields has proven to be a promising method of agriculture water protection. The purpose of this study is to investigate the drivers and barriers of gypsum treatment adoption among innovator and early adopter farmers. Based on the literature review, the factors affecting adoption of gypsum treatment are divided to farm, farmer, practice, program and context characteristics. The quantitative data of this study was gathered as a part of the KIPSI project from farmers that have or had suitable arable fields for gypsum treatment in the Archipelago Sea catchment area in spring 2020. The research data is analyzed with statistical methods including exploratory factor analysis, one-way analysis of variance, Kruskal-Wallis test, Chi-square test and Mann-Whitney U test. The results show that what determines the applying gypsum treatment of fields are practice, program and context characteristics such as information about the long term effects of gypsum, peer references, gypsum treatment being cost-free to the farmer, practical elements of the program, gypsum treatment’s environmental benefits and improving environmental image of agriculture. Farmer’s attitudes towards gypsum treatment play a role as well. On the other hand, farm or farmer sociodemographic characteristics such as farmer age, education, fulltime farming, share of rented land or total field area of the farm do not affect to the adoption of gypsum treatment. Out of the farm characteristics, only cereal farming is emphasized among the farmers that applied or are likely to apply gypsum treatment in the future in comparison to the farmers that are unlikely to apply gypsum treatment in the future. Exploratory factor analysis revealed four motivation factors to apply gypsum treatment of fields: water protection, fertilization and gaining new experiences, land improvement and protection of local waters and cost-effectiveness and recommendation of acquaintances. Water protection motivated farmers have positive views and attitudes towards gypsum treatment and agriculture water protection. Strong fertilization and gaining new experiences motivation is associated with cereal farming and the strong land improvement and protection of local waters motivation with large total field area of farm and younger age. Exploratory factor analysis revealed five motivation factors to not apply gypsum treatment of fields: doubts about the method, need for peer experiences and information about the long-term effects of gypsum, practical reasons, urgency and a view that the state of the waters is not weak and unsuitability of fields. Farmers having strong doubts about the method motivation have cautious attitude towards gypsum. They have also large field area as like the strong practical reasons motivated, who are also often fulltime farmers. Strong need for peer experiences and information about the long-term effects of gypsum motivation is associated with cereal farming. As this study focused on gypsum treatment, further research could expand to studying the acceptance as well as drivers and barriers of applying other agricultural water protection measures, such as structural lime treatment of fields.
  • Isomäki, Riina (2023)
    Maatalouden rakennemuutos ja liiketoimintaympäristön muuttuminen edellyttävät nykypäivän maatiloilta uudenlaisia kyvykkyyksiä. Miksi toiset tilat selviävät muutoksessa paremmin kuin toiset tilat? Strategiatutkimus lähestyy kysymystä käyttäen selittäjänä dynaamisten kyvykkyyksien teoriaa. Kyvykkyyksien avulla selvitetään, miten maatilayrittäjä aistii muutoksen liiketoimintaympäristössään ja miten hän tarttuu havaittuun muutokseen miettien tilansa jatkuvaa uudistamista. Tutkimuksessa haastateltiin seitsemää yrittäjää, joiden päätuotantosuuntana oli emolehmät. Yrittäjät olivat päätoimisia yrittäjiä tai emolehmätuotanto oli eriytetty tilan muista toiminnoista, joten tuotannon kannattavuuden arvioiminen oli konkreettisempaa. Teemahaastatteluna toteutetut haastattelut tehtiin kyselylomakkeen pohjalta, joka oli muotoiltu Teecen (2007b) ajatusten perustalle dynaamisista kyvykkyyksistä. Miten tunnistetaan, tartutaan sekä otetaan muutos käytäntöön suomalaisilla emolehmätiloilla. Yrittäjän päätöksiin tutkimuksessa vaikuttivat tilan resurssit, strategia sekä yrittäjän oma arvomaailma tilan historiaan kytkettynä. Yrittäjät olivat kyllä avoimia uudelle, keräsivät tietoa toimintaympäristöstään sisä- ja ulkopuolelta mutta käytännön toteutuksen suhteen monella tilalla oli parannettavaa. Pitkän- ja lyhyen aikavälin suunnitelmia olisi hyvä tehdä myös paperille asti. Tavoitteena tutkielmassa ei ole tehdä yleistettäviä päätelmiä emolehmätuotannon johtamistavoista. Tulosten avulla voidaan havainnoida vain, miten pieni määrä emolehmätiloja tekee päätöksiä tuotantonsa suhteen. Tulevaisuuden tutkimuksissa tulisikin perehtyä laajemmin dynaamisten kyvykkyyksien vaikutuksiin yleensä maatilojen johtamisessa.
  • Huisman-Dellago, David (2020)
    Dairy farms account for a large portion of the greenhouse gas emissions in the planet. Since cow manure provides a good medium for anaerobic digestion, this study analyzes the economic feasibility of installing a biogas plant adjacent to a 200-cow farm in Finland. The farms in this study produce only cow manure and grass silage to feed the digester. This paper focuses in comparing different scenarios such as electricity production for farm needs and the production of biofuels such as compressed biomethane as an additional business activity. After designing the farm economic model and the biogas installation, we provide an economic analysis of each scenario. The first one shows that it is not feasible to run the biogas business model based only on electricity savings for the farm. The second one proves that additional revenue streams such as biofuel production can revitalize and strengthen the financial model of the plant. Then, the sensitivity and reliability of the model is discussed by providing reasons (i.e. Finnish electricity tariff system) for the outcome of the results. The model reinforces the idea that farms must base their biogas business model on alternative side-streams and do not rely on energy production only. For further research, it is recommended that real life farm business models are incorporated as input data and a proven plant and CHP engine energy balance is secured.