BREAKING: Nature restoration law fails to secure support at critical member states meeting

Nature restoration

 

Hungary’s last-minute decision to withdraw support for the proposal means that the law’s future is uncertain. A planned final vote during Monday’s (25 March) meeting of national environmental ministers is now postponed.

To enter into law the proposal needs support from at least 55% of EU countries representing 65% of the bloc’s population. Hungary’s decision to withdraw support of the proposal means this requirement was not met.

The Netherlands, Italy, Sweden, and Poland, also opposed the proposal, while Austria, Finland, and Belgium abstained.

Belgium, the current holder of the council presidency, will try to facilitate consensus amongst member states. This will determine whether the proposal becomes EU law or is scrapped.

The nature restoration law aims to preserve 30% of Europe’s land and sea for biodiversity, with extra targets for the restoration of habitats in poor condition.

In February a compromise version of the contested proposal was approved by the European Parliament, just surviving a rejection from conservatives.

Source: Euractiv.com

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.