Recommendations on how to determine the contribution of EU funds for biodiversity
Briefing | 31 January 2024
Biodiversity financing refers to expenditure that contributes to the conservation and restoration of biodiversity. This briefing provides guidance on defining and determining an investment in biodiversity, including an overview of how an investment is currently labelled as ‘biodiversity spending’ and why this is problematic. It provides several criteria which can be applied to assess and identify a biodiversity positive investment which better aligns spending with actual investment needs to most effectively contribute to tackling biodiversity loss.
This briefing aims to demonstrate the need to ensure a greater and more accurate amount of funding is channelled to the right areas, as well as to explore potential alternatives ahead of the next EU budget so as to improve the effectiveness of EU biodiversity spending.