*[Enwl-eng] A Historic Moment for European Nature: A Talk with Noor Yafai on the New Nature Restoration Law
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Mon Jul 24 00:41:41 MSK 2023
From: World Climate Foundation <info at worldclimatefoundation.org>
Date: пт, 21 июл. 2023 г. в 15:43
Subject: A Historic Moment for European Nature: A Talk with Noor Yafai on
the New Nature Restoration Law
Opportunities of the Nature Restoration Law for European Nature and People
After more than a year of negotiations and
amendments, the EU Nature Restoration Law was finally passed by the European
Parliament on 12 July. This became a pivotal moment in the history of
European nature, bringing Europe closer to reaching the goals set by the
Kunming-Montreal Global Biodiversity Framework.
We spoke with Noor Yafai, a Member of the EU
Commission’s Biodiversity Platform, an expert in climate, renewable energy
and environmental policy at European and international levels, and a
strategic leader at our partner The Nature Conservancy. She shared insights
on the prospects of the Nature Restoration Law, as well as on exciting
developments for its support.
After the European Parliament's endorsement of
the law on July 12th, what are the subsequent critical steps?
We see the vote on the EU Nature Restoration
Law as a crucial win for nature and climate not only for the EU but
worldwide. However, the agreed position does fall short in measures to
improve farming sustainability, emphasising the need to build greater,
shared understanding across society of the crucial role biodiversity plays
in sustaining farming and food security.
What comes next? Negotiations started on the
19th of July and we hope they will be concluded before the end of the year.
Each Member State will be responsible for the implementation on the ground,
which will depend on various factors, including the nature of restoration
activities (including monitoring and reporting) required.
How do you foresee the Law integration with
the Global Biodiversity Framework targets, specifically considering the
timeline set out at COP15 in Montreal?
The Law would serve as an essential catalyst
to meeting the new global targets by introducing legally binding targets to
restore at least 20% of the EU’s land and seas by 2030. There is much more
potential to grow the cost-effective role of Nature-based Solutions to help
tackle climate change beyond these would-be legal targets, and we have no
time to waste. The world is watching Europe on this issue right now!
Given the law’s inherent flexibility for
member states, could you suggest ways for governments to optimise its
implementation?
This is a great question because yes, contrary
to some of the disinformation out there, this Law offers lots of flexibility
for Member States to decide how to implement nature restoration. Sound,
science-based implementation will be key to success. We also welcome
recognition of the need for additional financing, including options for a
Dedicated Restoration Fund.
What strategies might effectively address the
main barriers to the law’s successful application?
There are lots of opportunities to introduce
innovative financing mechanisms that serve as win-wins for people and
nature. For example, in the UK and Australia, there are Biodiversity Net
Gain schemes to reward farmers and landowners without having to dig into the
public purse. We were pleased to see the European Commission offering to
undertake a study on promising financing mechanisms – so there will be more
policy thought-leadership to come.
What do you perceive to be the primary
opportunities the EU Nature Restoration Law creates for businesses and
financial institutions? How can these opportunities be harnessed for both
economic and environmental sustainability?
The official impact assessment revealed that
every Euro invested in nature restoration will generate an economic return
on investment of between 8 and 38 Euros. We have been working with both the
renewable energy and farming sectors, who have also been joining our calls
to support the Law. For example, Eurelectric were actively calling for its
adoption, seeing the win-wins for both nature and renewables. The Forum for
the Future of Agriculture in Europe, who also support the Law, clarify that
fortunately, Europe has no food security problem today, but warn about the
future risks posed by biodiversity loss.
We share the EU's willingness and values for
nature restoration which pave the way for greater opportunities for
public-private collaboration and nature investments. Building on this, we at
the World Climate Foundation are ready to support and expedite the
implementation of nature rehabilitation measures by mobilising our global
community and bringing expertise in accelerating climate and nature finance
across the EU and beyond.
Our World Biodiversity Summit 2023 taking
place on 21 September in New York will bring together high-level
policymakers and government officials, international organisations,
academics, finance sector and industry leaders to establish
solutions-oriented partnerships and convert biodiversity goals set by the
Kunming-Montreal Global Biodiversity Framework into concrete strategic
actions for biodiversity restoration and protection. Representing The Nature
Conservancy will be Mary Wenzel, Managing Director for Corporate Engagement,
who will moderate Closing Session on the joint action for climate and
biodiversity.
The summit programme is tailored around a
careful selection of the most pressing and decisive topics bridging today's
global nature and climate agenda.
The program will cover, but not be limited to:
a.. Nature-Positive Supply Chains
b.. Regenerative Forestry for Nature
Restoration
a.. A Value of Water Stewardship
b.. Opportunities of Renewable Energy
c.. Sustainable Agriculture and Food Systems
Our roadmap for this year will conclude at
pivotal COP28 in Dubai, where we will continue our work in bridging
biodiversity and climate and galvanising the role of Nature-based Solutions
as a key to achieving climate resilience.
If you are interested in joining our
fast-growing World Biodiversity Network, learn more about the partnership
opportunities.
Our Partner, The Nature Conservancy provides
valuable support for the Nature Restoration Law through its three major
conservation programmes in Europe – across freshwater, urban greening and
renewable energy goals for 2030. For example, the Law will introduce a
target to restore 25,000 km of free-flowing rivers and The Nature
Conservancy is leading a coalition of local conservation groups to protect
13 of Europe’s last free-flowing rivers. It also offers opportunities to
bring in more green spaces in cities. The project on greening the cities
across Germany by embedding Nature-based Solutions into municipal processes
will allow to protect over 300,000 people from climate impacts.
Nature Restoration Law: MEPs Adopt Position
for Negotiations with Council
Following a debate on Tuesday, the EU
Parliament adopted its position on the EU Nature Restoration Law with 336
votes in favour. MEPs support the Commission’s proposal to put restoration
measures in place by 2030 covering at least 20% of all land and sea areas in
the EU.
Read more
___________________________________________________________
It Is Time to Mainstream Biodiversity to
Reach Sustainable Development Goals
At the Ministerial Segment of the United
Nations High-Level Political Forum on Sustainable Development (HLPF) that
took place on 17-19 July, biodiversity is still not sufficiently integrated
into the implementation of the SDGs.
Read more
___________________________________________________________
Aligning Financial Flows With The
Kunming-Montreal Global Biodiversity Framework: The High-Level Roadmap is
Available!
With the contribution of UNDP-BIOFIN, UNEP
FI developed a high-level roadmap providing recommendations on how to
integrate biodiversity within financial decision-making and stepping-up
action to align financial flows with the GBF.
Read more
___________________________________________________________
Embracing Biodiversity: Paving the Way for
Nature-Inclusive Cities
Cities are at the forefront of both the
causes and impacts of major environmental challenges. By incorporating
nature-based solutions (NbS) into urban design and planning, cities can
promote ecological connectivity and support the resilience of local
ecosystems.
Read more
___________________________________________________________
Technology Can Boost Farming in Africa, But
It Can Also Threaten Biodiversity - How to Balance the Two
Agricultural development often clashes with
biodiversity, which is declining at an alarming rate. Losing biodiversity
could reduce food security by undermining ecosystem services like
pollination, nutrient cycling and maintenance of water supplies.
Read more
Berlin’s Urban Evolution
Learn more about The Nature Conservancy’s
Urban Greening Program in German cities aiming to identify opportunities for
green infrastructure and other nature-based solutions that can help mitigate
severe effects of climate change.
Read more
___________________________________________________________
Understanding Biodiversity: Luxury as a
Force for Nature
The report created by our partner Positive
Luxury with the biodiversity experts at Globalbalance and Baker McKenzie
outlines what businesses need to know about their impact on nature,
science-based targets, and ways to conserve and restore biodiversity.
Read more
___________________________________________________________
Opinion: Deep Sea Mining – an Avoidable
Environmental Disaster
An insightful article from By Emine Isciel,
head of climate and environment at Storebrand Asset Management and co-chair
of the Public Policy Advocacy working group at Finance for Biodiversity
Foundation, our partner.
Read more
26 July.
International Day for the Conservation of
the Mangrove Ecosystem
Our mission is to facilitate the economic
transition to a net-zero, nature-positive and healthy planet through
cross-sector dialogue, innovative partnerships and investments in
sustainable solutions. Our vision is a decade from 2020 to 2030 where
climate and sustainability commitments are transformed via actions into
impact that align with the required outcomes of the Paris Agreement on
Climate Change and the Sustainable Development Goals.
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Talk with Noor Yafai on the New Nature Restoration Law
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