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Nature Restoration Law

 

Source: DTE

 Context: The International Union for Conservation of Nature (IUCN) has called on the European Union (EU) to invest in nature restoration, emphasizing the long-term economic impacts of failing to do so.

 

What is Nature Restoration Law?

The Nature Restoration Law is a proposed legislation aimed at restoring and conserving natural areas and ecosystems. It sets legally binding targets for nature restoration in various sectors such as agriculture, forest, marine, freshwater, and urban systems.

 

EU’s agreement:

  • In May 2023, the IUCN urged the EU to come up with a targeted and meaningful restoration for strengthening the resilience and sustainability of the EU economy.
  • The EU Council recently agreed to restore 20% of its land and sea by 2030 and pledged to restore entire ecosystems by 2050.

 

Importance of Nature restoration:

  • The IUCN highlights the impressive returns of financing nature restoration, with every Euro spent having an eight-fold return and benefits worth 38 Euros.
  • Nature restoration is important for resilience, climate and biodiversity targets
  • It plays a critical role in maintaining healthy ecosystems in achieving these goals.

 

About IUCN: 

The International Union for Conservation of Nature (HQ: Gland, Switzerland, Founded: 1948) is an international organization working in the field of nature conservation and sustainable use of natural resources. It is involved in data gathering and analysis, research, field projects, advocacy, and education.