Biodiversity & the EU Budget: Making the case for conserving biodiversity in the context of the EU Budget Review
The WWF report (commissioned to the Institute for European Environmental Policy, IEEP) shows that continued and increased EU funding for biodiversity is fundamental to protect biodiversity and related ecosystem services in the EU.
At this moment, neither sufficient budget nor efficient financing mechanisms are in place to ensure that existing opportunities deliver the necessary level of protection.
WWF therefore recommends covering the core costs of biodiversity through a specific biodiversity fund and to provide complementary funding sources via other EU funds which need to become obligatory. Overall it has to be ensured, that spending within all EU funds does not harm biodiversity.
Next year will therefore be a major milestone for biodiversity policy both in the EU and globally. Europe will have to show that it is ready for a new policy approach that combines environment and economic benefits.