Edition: International | Greek
MENU

Home » EU Actually

The dilemma of the Nature Restoration Law

In June 2022 the European Commission tabled the Nature Restoration Law

By: N. Peter Kramer - Posted: Wednesday, June 14, 2023

The proposal includes legally binding targets to restore nature and reverse biodiversity loss in agriculture, forests, oceans and urban areas.
The proposal includes legally binding targets to restore nature and reverse biodiversity loss in agriculture, forests, oceans and urban areas.

N. Peter Kramer’s Weekly Column

In June 2022 the European Commission tabled the Nature Restoration Law. The proposal includes legally binding targets to restore nature and reverse biodiversity loss in agriculture, forests, oceans and urban areas. Surely a noble goal!

However the EU would not be the EU without a major opposition for the new law. Several EU member states and, for instance, the European People’s Party (EPP) in the EU Parliament have serious concerns. As usual, the Commission presents a strait jacket that has to fit the whole EU, from Lapland to Malta and from Portugal to Poland,  ignoring the sometimes very different characters and rural circumstances in the 27 countries.

There are warnings for potential conflicts between the new law and other EU ambitions, such as renewable energy deployment and the need to open more mines in the EU to grow a domestic supply chain for critical raw materials.  Also it seems that the implementation of the Nature Restauration Law will be particularly difficult and costly beyond Natura 2000 protected areas and poses challenges regarding private ownership and the development of energy, transport and military infrastructure, Lithuania’s government representation told Euractiv. 

Implementing the law will require significant financial resources, but the Commission has said there is enough money available, under the seven-year budget. Lithuania, however, pointed out that much of this is already allocated and that long-term financing is difficult to predict.

A spokesman of the Slovak government stated that the timeframe for the preparation and implementation of the proposal is narrow, regarding limited experts’ capacities, knowledge and monitoring of ecosystems in the member states.

The EP environmental commission will vote on 15 June, the Council approves its position on 20 June. Very tight votes are expected.   

                                                                                                                                 

READ ALSO

EU Actually

China exports more than one million cars per month

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N.Peter Kramer, writes about the contrast between the Chinese success story of exporting more than a million cars in a single month and the deplorable state of the German car industry

Europe

Greece signals fast-track social media ban for minors

Greece signals fast-track social media ban for minors

National plan would ban under-15s from accessing social media

Business

How Much Pressure Can European CEOs Take?

How Much Pressure Can European CEOs Take?

There was a time when the job of the CEO was difficult but relatively clear: grow the business, beat the competition, manage costs, satisfy shareholders, inspire employees and avoid major reputational mistakes. That world has disappeared.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron