EU Nature Restoration Law: How can EU countries restore ecosystems while balancing budgets?
What are the pathways to manage trade-offs?
Speakers
Friederike Erxleben
Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety, Germany
Heather Grabbe
Bruegel Senior Fellow
Camille Mehlbaum
Economist, De Nederlandsche Bank
Agenda
Check-in & lunch
12:30-13:00Agenda
Discussion
13:00-13:45- Chair: Heather Grabbe, Bruegel Senior Fellow
- Friederike Erxleben, Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety, Germany
- Camille Mehlbaum, Economist , De Nederlandsche Bank
- Dirk Schoenmaker, Bruegel Non-resident Fellow
Agenda
Q&A
13:45-14:00The EU Nature Restoration Law is vital to ensure restoration of ecosystems by 2050 and ensure that businesses and citizens continue to benefit from clean water, pollination and other vital services provided by nature. However, national governments are worried about how much implementation will cost. At this event we launched an analysis of the options that governments have in implementing the Nature Restoration Law, by the Dutch National Bank in collaboration with Bruegel. The paper sets out pathways to manage the trade-offs between priorities for public spending over time. The authors presented the main findings and discussed the implications with experts on the best ways to restore natural habitats within national budgets.