What is the Nature Restoration Law?

On June 17, 2024, a landmark moment unfolded as the European Union solidified its commitment to environmental restoration. Member states adopted the Nature Restoration Law (NRL), a groundbreaking legislation aimed at healing the damage inflicted upon our planet.

This ambitious initiative mandates the restoration of 20% of the EU's degraded land and sea by 2030, with a broader goal of rejuvenating all ecosystems in need by 2050. The NRL echoes the Global Convention on Biological Diversity pledge made at the 2022 COP15 summit, where nations committed to safeguarding and revitalising 30% of the world's damaged ecosystems within the same timeframe.

What does the NRL entail?

Unlike previous environmental frameworks, the NRL introduces legally binding targets and obligations for a broad spectrum of ecosystems, including terrestrial and marine habitats, vital pollinators, agricultural landscapes, urban centres, river systems, and forests. With a staggering 80% of Europe's natural environment compromised, the urgency of such measures is undeniable. By addressing biodiversity loss in tandem with climate change, the NRL serves as a cornerstone of the EU's Green Deal aspirations.

Beyond fulfilling international commitments, this law promises to safeguard essential ecosystem services. Nature's ability to purify air and water, sustain crop production, mitigate natural disasters, and bolster food security and human well-being are all intrinsically linked to a thriving environment.

How can EU members meet the deadlines?

To achieve these ambitious targets, each EU member state must develop a comprehensive National Restoration Plan within two years. These plans will outline specific actions aligned with national conditions and contribute to the overarching 2050 vision. Priority will be given to protected areas within the Natura 2000 network, which encompasses Europe's most vulnerable habitats and species.

The NRL's implementation will be harmonised with existing nature protection legislation, such as the EU Birds and Habitats directives. Additionally, member states are collectively tasked with planting three billion trees by 2030.

The takeaway

This historic legislation marks a pivotal moment for humanity. As climate change intensifies its grip on the planet, the NRL's transformative power becomes increasingly crucial. The law offers not only environmental benefits but also substantial economic opportunities. Over half of global GDP relies on ecosystem-derived resources and services. For every euro invested in nature restoration, an estimated €4 to €38 in benefits can be expected according to the EU Commission.

Business leaders should feel encouraged to seize this opportunity to evaluate their operations' reliance on nature. Understanding both positive and negative impacts is essential for developing effective mitigation strategies. By embracing the NRL's principles, businesses can gain a competitive advantage while contributing to a sustainable future.