This tool is designed to track progress in the implementation of the actions listed in the EU Biodiversity Strategy for 2030.
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ENABLING TRANSFORMATIVE CHANGE
Financing for biodiversity
Updated on: 2021-12-14
Summary: Unlocking the necessary funds to implement the EU Biodiversity Strategy will require increase financing from public budgets and private actors at national and EU level. This includes effective mainstreaming, as well as tracking of biodiversity spending in relevant EU funds, both under the 2021-2027 Multiannual Financial Framework (MFF) and under Next Generation EU. Implementation of this action will be supported by the ambition to dedicate 7,5% in 2024, and 10% as of 2026, of MFF to biodiversity. This target has been reflected in most regulations pertaining to individual EU funds. The Commission continues to work with the Member States to ensure that funding opportunities for biodiversity are taken up in the programming of national measures under EU funds. The Commission is carrying out a study with a view to updating the Commission’s methodology to track biodiversity in the MFF, and assessing funding needs to implement the EU Biodiversity Strategy for 2030, current levels of funding and the remaining finance gap. The Commission presented the draft biodiversity tracking methodology to the European Parliament, the Council, Member States and stakeholders in Autumn 2021, and is planning to release the final methodology early 2022.
Chef de File:
Updated on: 2021-12-10
Summary: The implementation of this action will operationalise the 'do no harm' principle under the Multiannual Financial Framework and NextGeneration EU. Biodiversity was addressed in the Commission checklist developed in the context of the evaluation of the national Recovery and Resilience Plans, as well as in the sustainability proofing guidelines developed in the context of InvestEU. Biodiversity will be integrated in upcoming work on operationalizing the ‘do no harm’ principle across other EU funds and programmes.
Chef de File: