The EU Nature Restoration Act came into force

Regulation (EU) 2024/1991, known as the "Nature Restoration Law" (hereafter "NRL"), the "Nature Restoration Law" is a major EU initiative aimed at reversing the degradation of ecosystems. The NRL requires member states to restore degraded ecosystems and enhance biodiversity and resilience in terrestrial and marine areas. Effective August 18, 2024, the NRL sets binding targets for ecosystem restoration that present both opportunities and challenges. This article analyzes the potential impacts of the NRL on the private sector, highlighting significant concerns and legal issues. (Sarah Wolf, Isabel Bruckmoser, more at lexology.com)