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Sakharov Prize 2024: presentation of candidates

Sakharov Prize 2024: presentation of candidates Sakharov Prize 2024: presentation of candidates
On Thursday, political groups presented their candidates for the 2024 Sakharov Prize during a joint committee meeting. The three finalists...
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Over 100 companies sign EU AI Pact to foster safe and trustworthy AI development

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  The European Commission announced today that over 100 companies have become the first signatories of the EU Artificial Intelligence (AI)...
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European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba

European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba
On Thursday, the European Parliament adopted three resolutions addressing the worsening human rights situations in Afghanistan, Belarus, and...
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Future European Commission discussed by EP leaders

Future European Commission discussed by EP leaders Future European Commission discussed by EP leaders
European Parliament (EP) leaders held discussions with the Commission President-elect Ursula von der Leyen regarding the structure and portfolios...
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€2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium

€2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium €2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium
The European Commission has proposed a financial package of €2.7 million from the European Globalisation Adjustment Fund for Displaced Workers...
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European Central Bank cuts interest rates amid slowing growth and cooling inflation

European Central Bank cuts interest rates amid slowing growth and cooling inflation European Central Bank cuts interest rates amid slowing growth and cooling inflation
  On Thursday, the European Central Bank (ECB) announced a quarter-point interest rate cut, marking the second reduction this year following...
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EU auditors reveal billions in climate funds potentially misallocated in green transition efforts

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  A significant portion of the funds earmarked for EU climate objectives and the green transition may have been misused, according to a...
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The long-awaited Draghi report on EU competitiveness: what to expect

The long-awaited Draghi report on EU competitiveness: what to expect The long-awaited Draghi report on EU competitiveness: what to expect
Former Italian Prime Minister and central banker Mario Draghi is set to unveil his long-awaited report on EU competitiveness, which is expected...
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Latest News

Sakharov Prize 2024: presentation of candidates

Sakharov Prize 2024: presentation of candidates Sakharov Prize 2024: presentation of candidates
On Thursday, political groups presented their candidates for the 2024 Sakharov Prize during a joint committee meeting. The three finalists...
Read More...

Over 100 companies sign EU AI Pact to foster safe and trustworthy AI development

Over 100 companies sign EU AI Pact to foster safe and trustworthy AI development Over 100 companies sign EU AI Pact to foster safe and trustworthy AI development
  The European Commission announced today that over 100 companies have become the first signatories of the EU Artificial Intelligence (AI)...
Read More...

European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba

European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba
On Thursday, the European Parliament adopted three resolutions addressing the worsening human rights situations in Afghanistan, Belarus, and...
Read More...

Future European Commission discussed by EP leaders

Future European Commission discussed by EP leaders Future European Commission discussed by EP leaders
European Parliament (EP) leaders held discussions with the Commission President-elect Ursula von der Leyen regarding the structure and portfolios...
Read More...

€2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium

€2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium €2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium
The European Commission has proposed a financial package of €2.7 million from the European Globalisation Adjustment Fund for Displaced Workers...
Read More...

European Central Bank cuts interest rates amid slowing growth and cooling inflation

European Central Bank cuts interest rates amid slowing growth and cooling inflation European Central Bank cuts interest rates amid slowing growth and cooling inflation
  On Thursday, the European Central Bank (ECB) announced a quarter-point interest rate cut, marking the second reduction this year following...
Read More...

EU auditors reveal billions in climate funds potentially misallocated in green transition efforts

EU auditors reveal billions in climate funds potentially misallocated in green transition efforts EU auditors reveal billions in climate funds potentially misallocated in green transition efforts
  A significant portion of the funds earmarked for EU climate objectives and the green transition may have been misused, according to a...
Read More...

The long-awaited Draghi report on EU competitiveness: what to expect

The long-awaited Draghi report on EU competitiveness: what to expect The long-awaited Draghi report on EU competitiveness: what to expect
Former Italian Prime Minister and central banker Mario Draghi is set to unveil his long-awaited report on EU competitiveness, which is expected...
Read More...

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The European Union's Nature Restoration Law will officially come into force on Sunday, August 18, as announced by the European Commission.

Each member state is now required to develop a national restoration plan to achieve the objectives outlined in the new legislation.

Following two years of debate and controversy within the EU, the Nature Restoration Law was finally adopted on June 17. This law is a cornerstone of the European Green Deal and the EU Biodiversity Strategy. It mandates that member states implement restoration measures across at least 20% of the EU's land and 20% of its sea areas by 2030. By 2050, such measures are expected to cover all ecosystems in need of restoration.

The law establishes specific targets for various ecosystems, including peatlands, forests, marine environments, and urban areas. However, the responsibility for determining the specific actions within their territories lies with individual member states.

Within the next two years, each member state must submit its national restoration plan to the European Commission, detailing their targets for 2030, 2040, and 2050. The Commission will offer support to help develop these plans.

The European Commission emphasized that the full implementation of this law is essential for restoring the EU's biodiversity and addressing the ongoing “biodiversity loss and ecosystem degradation,” which continues at an alarming rate despite both EU and international efforts. Currently, over 80% of European habitats are in 'poor or bad' condition.

The law’s implementation is also seen as crucial for achieving climate neutrality by 2050, adapting to climate change, and enhancing food security for EU citizens. In addition, it will support other European goals, such as ensuring water security. Photo by Asurnipal, Wikimedia commons.

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