D3.3 Implications of the EU Renewed Sustainable Finance Strategy in the Context of Spatial Planning
Description
This report belongs to a series of deliverables documenting the research work carried out under the four subtasks of WP3. We started by analysing biodiversity policy at the EU level and exploring E&FIs for biodiversity in a broad sense. In Task 3.1, we reviewed the EU Biodiversity Strategy for 2030 to understand the implications of EU biodiversity policy for spatial planning and analysed 24 generic biodiversity-promoting E&FIs identified by the Ecosystem Opportunity Framework (Rode et al., 2016) with criteria of their relevance to spatial planning along the Mitigation Hierarchy (for more information, see: BioValue Report D3.1: Economic and Financial Instruments to Enhance Biodiversity). Subsequently, we explored current E&FI practice in spatial planning and environmental assessment and investigated the potential impacts on biodiversity of using E&FIs in the context of transformative change ambitions. In Task 3.2, we assessed the current application of E&FIs in spatial planning and analysed the position of E&FIs for enhancing biodiversity in practice with selected spatial planning instruments; we reviewed the E&FI recommendations in the benchmark of environmental assessments, and discussed how the generic E&FIs for enhancing biodiversity can be positioned with examples of impact pathways towards transformative change (for more information, see: BioValue Report D3.2: Impacts of Economic and Financial Instruments on Biodiversity in Spatial Planning). Here, in Task 3.3, we focus on the sustainable finance strategy at the EU level and analyse its implications, in particular for the different actors involved in the spatial planning process.
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D3.3 Implementation of the EU renewed sustainable financing strategy_5.4.pdf
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