EU’s Nature Restoration Law
Disclaimer: Copyright infringement not intended.
Context
- On 12 July 2023, European Parliament voted to pass a key biodiversity bill to protect and preserve land and water habitats of European Union.
- The nature restoration law was passed with 336 votes in favour. 13 were abstained and 300 were against it.
Nature restoration act
- This act is an initiative of European Commission to protect nature and combat climate change and biodiversity loss.
- It aims to restore habitats and species covering 20% of land/sea areas by 2030.
- Some of Its objectives are
- To revive and preserve the degraded ecosystems.
- To protect and preserve forest and marine areas.
- To increase and boost connectivity between rivers.
- To encourage the growth of bees, birds and butterflies population
Opposition of the nature restoration law
- The conservative lawmakers, especially from European people’s party, opposed this law for the feat that it will hurt the farmers across EU.
- They said it was a bad proposal from farmers’ point of view which would also fuel inflation.
- According to the construction of wind and hydroelectric energy facilities would be affected.
- Concerns about food security were also
Need and significance of this law
- Succession of droughts, floods and heat waves in Europe.
- To full fills the objectives of United Nations biodiversity conference agreement, which necessitates protection of 30% of the world’s lands and oceans important for nature.
- More than 80% of habitats in Europe are in degraded conditions.
- This law will be economically significant. To put it in quantifiable terms – it is assumed that every euro invested would result in at least eight euro in benefits.
- This law would also help in revitalising soils and will support pollinators which will add to food and nutrition security.
Must Read Article:
European Union
https://www.iasgyan.in/daily-current-affairs/european-union-eu
https://www.iasgyan.in/daily-current-affairs/european-union-14
|
PRACTICE QUESTION The recent Nature restoration law, a key biodiversity bill of European Union (EU), has a stated aim to conserve habitats and biodiversity. Critically analyse with respect to the implications it would have on the food security and economic growth of EU. (250 words) |
.jpg)
1.png)
