Fund to Save the Baltic
A wealthy Swedish financier has donated more than 60 million dollars for research into the environmentally-threatened Baltic Sea.
Björn Carlson, who made his fortune with mutual funds, is funding a private foundation, administered by the Swedish Academy of Sciences and the Worldwide Fund for Nature. The money is to be used to fund research, experiments, and scientific networks.
The Worldwide Fund for Nature says that despite many promises for action, the Baltic continues to suffer from toxic algae blooms, oil spills, and declining fish stocks.