Finance

The Foundation’s capital stock consists of cash assets worth € 5 million and a capital for expenditure of € 20 million, which is exclusively used for funding nature conservation and environmental protection projects as defined in the statute.

In June 2014 these assets were transferred from the founder (Nord Stream AG) to the foundation.

Baltic Sea Conservation Foundation invests all its assets, which are not yet used for funding projects, according to sustainability criteria.

Our Investment Guideline specifies the main types of investment and the ecological, social and ethical investment- and exclusion criteria.