Author: Miranda García (AEIDL)
The European Union (EU) has taken a significant step forward in its commitment to protect and restore nature with the approval of the new Nature Restoration Law. Passed by the European Parliament on 12 July 2023, this groundbreaking legislation aims to create a sustainable and habitable environment for present and future generations.
Unlike previous conservation efforts, this law goes beyond restoration for the sake of it. Its primary focus is to ensure an environment where the well-being of individuals and economies is safeguarded, relying on the capacity of land and seas to provide essential goods and services.
In line with the EU Biodiversity Strategy for 2030, the Nature Restoration Law recognises that addressing climate change entails not only reducing greenhouse gas emissions but also protecting and restoring nature. Furthermore, it demonstrates sound economic sense, with estimates suggesting that every euro invested in nature restoration can yield benefits worth between 8 and 38 euros.
The implementation of the Nature Restoration Law will be built upon the EU LIFE programme, which has funded nearly 6 000 environmental protection and climate action projects since 1992. The urgency for nature restoration is highlighted by the fact that more than 80% of habitats in Europe are currently in poor condition. Therefore, it is essential to restore and conserve wetlands, rivers, forests, grasslands, marine ecosystems, mountains and the diverse species that rely on them.
To further support nature conservation, environmental protection, climate action, and the transition to clean energy, an additional EUR 611 million has been allocated for LIFE projects this year. If you have an environmental project in mind, visit the website of LIFE 2023 Calls for Proposals to learn more about the types of projects funded, application dates, and how to apply.
The EU’s new Nature Restoration Law sets the stage for greater biodiversity and climate action, emphasising the importance of preserving and restoring nature for a sustainable future.
To know more on the approval, read the news article.