Nature Restoration Law:
The Nature Restoration Law (NRL), which was enacted by the European Union (EU), is an inspiring model from which India can draw points to tackle its growing environmental crises.
- It is a European Union (EU) law to tackle the triple crises of climate change, biodiversity loss, and environmental degradation.
- It is the first continent-wide, comprehensive law of its kind.
- It is a key element of the EU Biodiversity Strategy, which sets binding targets to restore degraded ecosystems, in particular those with the most potential to capture and store carbon and to prevent and reduce the impact of natural disasters.
- Under the NRL, Member States will have to restore at least 20% of the EU’s land and sea by 2030, including terrestrial, coastal, and freshwater, forest, agricultural, and urban areas.
- By 2050, the measures should extend to all ecosystems “requiring restoration”.
- The EU NRL also targets an obligation to improve urban green spaces, contribute to free-flowing rivers by removing artificial barriers, increase pollinator populations, and contribute to the target of 3 billion additional trees throughout the EU.
- Member States must adopt “restoration plans” detailing how they intend to achieve these targets and ensure that the restored areas do not significantly deteriorate.
- While drafting these Nature Restoration Plans, Member States also need to consider socio-economic impacts and benefits and estimate the financial needs for its implementation.