{"id":14425,"date":"2023-11-13T13:23:38","date_gmt":"2023-11-13T13:23:38","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14425"},"modified":"2023-11-13T13:23:39","modified_gmt":"2023-11-13T13:23:39","slug":"eu-lawmakers-agree-on-new-nature-restoration-law","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/","title":{"rendered":"EU Lawmakers Agree on New Nature Restoration Law"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14425\" data-postid=\"14425\" class=\"themify_builder_content themify_builder_content-14425 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation aimed at restoring and protecting natural habitats and ecosystems, including a mandated target for EU countries implement measures to restore at least 20% of the EU\u2019s land and sea areas by 2030, and for all ecosystems in need of restoration by 2050.<\/p>\n\n\n\n<p>The agreement follows a contentious process for the new Nature Restoration Law, initially proposed by the European Commission in June 2022 as a key element of the European Green Deal and the EU Biodiversity strategy, and addressing the finding that over 80% of European habitats are in poor shape.<\/p>\n\n\n\n<p>While the European Council <a href=\"https:\/\/www.esgtoday.com\/eu-council-announces-agreement-on-nature-restoration-law\/\">reached an agreed negotiating position<\/a> on the new law in June 2023, the proposal only <a href=\"https:\/\/www.esgtoday.com\/nature-restoration-law-narrowly-survives-vote-in-eu-parliament\/\">narrowly survived a rejection vote<\/a> in Parliament in July, following objections that the proposals would threaten food security and agriculture, and would work against Europe\u2019s clean energy and climate goals, by reducing capacity of energy sources such as hydropower and biomass.<\/p>\n\n\n\n<p>Under the new agreement reached by Council and Parliament, member states will be required to put into place restoration measures to restore at least 30% of habitats that are in poor condition by 2030, increasing to 60% by 2040, and 90% by 2050, and to regularly submit national restoration plans indicating how they will deliver on the targets.<\/p>\n\n\n\n<p>The law sets out specific requirements for different types of ecosystems, covering wetlands, grasslands, forests, rivers and lakes, as well as marine ecosystems such as seagrass and sponge and coral beds.<\/p>\n\n\n\n<p>Additional regulations under the agreement include a requirement for member states to set out measures to reverse the decline of pollinator populations, put in place restoration measures for organic soils in agricultural use constituting drained peatlands, viewed as one of the most cost-effective measures to reduce emissions in the agricultural sector and improve biodiversity, an efforts-based requirement to prevent significant deterioration of areas subject to restoration that have reached good condition, and an agreement to ensure that member states should achieve an increasing trend in urban green areas.<\/p>\n\n\n\n<p>The&nbsp; agreement also included a new provision requiring the Commission to provide an assessment of any gap between restoration financial needs and available funding and to look into solutions to bridge the gap. Additionally, the lawmakers agreed on an \u201cemergency brake,\u201d enabling the suspension of agricultural ecosystem targets for up to one year in case of unforeseen events that could have severe consequences on food security.<\/p>\n\n\n\n<p>With the provisional agreement in place, the proposal will be submitted for formal adoption by the Council and Parliament. Member states will be required to submit their first nature restoration plans within two years after the law\u2019s entry into force.<\/p>\n\n\n\n<p>Following the announced agreement, Maro\u0161 \u0160ef\u010dovi\u010d, Executive Vice-President for European Green deal, Interinstitutional Relations and Foresight, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cToday, after extensive dialogue and fruitful deliberations with the European Parliament and the Council, we have found the provisional agreement on the Nature Restoration Law \u2013 a key proposal under the European Green Deal and essential to reach the EU\u2019s ambitious climate mitigation and adaptation goals. This also sends an important positive signal to our global partners ahead of COP28 and in the implementation of the Kunming\/Montreal biodiversity agreement that we are serious about our commitments. I hope for the swift adoption of the agreement by the co-legislators. There\u2019s no time to lose in restoring nature that our wellbeing and economies depend on.\u201d<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation aimed at restoring and protecting natural habitats and ecosystems, including a mandated target for EU countries implement measures to restore at least 20% of the EU\u2019s land and sea areas by 2030, and for all ecosystems in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14426,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[12,31],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EU Lawmakers Agree on New Nature Restoration Law - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EU Lawmakers Agree on New Nature Restoration Law - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation aimed at restoring and protecting natural habitats and ecosystems, including a mandated target for EU countries implement measures to restore at least 20% of the EU\u2019s land and sea areas by 2030, and for all ecosystems in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-13T13:23:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-13T13:23:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/11\/EU-flags3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\"},\"headline\":\"EU Lawmakers Agree on New Nature Restoration Law\",\"datePublished\":\"2023-11-13T13:23:38+00:00\",\"dateModified\":\"2023-11-13T13:23:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\"},\"wordCount\":575,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Environment\",\"Government\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\",\"url\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\",\"name\":\"EU Lawmakers Agree on New Nature Restoration Law - ESG Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/#website\"},\"datePublished\":\"2023-11-13T13:23:38+00:00\",\"dateModified\":\"2023-11-13T13:23:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.esgtoday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EU Lawmakers Agree on New Nature Restoration Law\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.esgtoday.com\/#website\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"name\":\"ESG Today\",\"description\":\"ESG investing news, analysis, research and information\",\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.esgtoday.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.esgtoday.com\/#organization\",\"name\":\"ESG Today\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"contentUrl\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"width\":618,\"height\":350,\"caption\":\"ESG Today\"},\"image\":{\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ESGToday\/\",\"https:\/\/twitter.com\/EsgToday\",\"https:\/\/www.linkedin.com\/company\/esg-today\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\",\"name\":\"Mark Segal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g\",\"caption\":\"Mark Segal\"},\"description\":\"Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm\u2019s head of U.S. equities. While at DCM, Mark was part of the firm\u2019s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.\",\"url\":\"https:\/\/www.esgtoday.com\/author\/mo-segal9\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EU Lawmakers Agree on New Nature Restoration Law - ESG Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/","og_locale":"en_US","og_type":"article","og_title":"EU Lawmakers Agree on New Nature Restoration Law - ESG Today","og_description":"Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation aimed at restoring and protecting natural habitats and ecosystems, including a mandated target for EU countries implement measures to restore at least 20% of the EU\u2019s land and sea areas by 2030, and for all ecosystems in [&hellip;]","og_url":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/","og_site_name":"ESG Today","article_publisher":"https:\/\/www.facebook.com\/ESGToday\/","article_published_time":"2023-11-13T13:23:38+00:00","article_modified_time":"2023-11-13T13:23:39+00:00","og_image":[{"width":1024,"height":768,"url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/11\/EU-flags3.jpg","type":"image\/jpeg"}],"author":"Mark Segal","twitter_card":"summary_large_image","twitter_creator":"@EsgToday","twitter_site":"@EsgToday","twitter_misc":{"Written by":"Mark Segal","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#article","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/"},"author":{"name":"Mark Segal","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01"},"headline":"EU Lawmakers Agree on New Nature Restoration Law","datePublished":"2023-11-13T13:23:38+00:00","dateModified":"2023-11-13T13:23:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/"},"wordCount":575,"commentCount":0,"publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"articleSection":["Environment","Government"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/","url":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/","name":"EU Lawmakers Agree on New Nature Restoration Law - ESG Today","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/#website"},"datePublished":"2023-11-13T13:23:38+00:00","dateModified":"2023-11-13T13:23:39+00:00","breadcrumb":{"@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.esgtoday.com\/eu-lawmakers-agree-on-new-nature-restoration-law\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.esgtoday.com\/"},{"@type":"ListItem","position":2,"name":"EU Lawmakers Agree on New Nature Restoration Law"}]},{"@type":"WebSite","@id":"https:\/\/www.esgtoday.com\/#website","url":"https:\/\/www.esgtoday.com\/","name":"ESG Today","description":"ESG investing news, analysis, research and information","publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.esgtoday.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.esgtoday.com\/#organization","name":"ESG Today","url":"https:\/\/www.esgtoday.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","contentUrl":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","width":618,"height":350,"caption":"ESG Today"},"image":{"@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ESGToday\/","https:\/\/twitter.com\/EsgToday","https:\/\/www.linkedin.com\/company\/esg-today\/"]},{"@type":"Person","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01","name":"Mark Segal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/68fbfd7923e36d210feb00a7621096af?s=96&d=mm&r=g","caption":"Mark Segal"},"description":"Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm\u2019s head of U.S. equities. While at DCM, Mark was part of the firm\u2019s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.","url":"https:\/\/www.esgtoday.com\/author\/mo-segal9\/"}]}},"builder_content":"","_links":{"self":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14425"}],"collection":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/comments?post=14425"}],"version-history":[{"count":0,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media\/14426"}],"wp:attachment":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media?parent=14425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/categories?post=14425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/tags?post=14425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}