The new EU regulation on nature restoration: impacts and opportunities for businesses.

On June 24, 2024, the European Union adopted the regulation (EU) 2024/1991 on the restoration of nature, published on July 29, 2024 in the Official Journal of the European Union and effective from August 18, 2024 (hereinafter referred to as the "Regulation"). The regulation, which introduces legally binding targets and obligations for the restoration of degraded ecosystems, will have a significant impact on businesses operating within the European Union. The aim of this paper is to outline the main consequences that the adoption of the regulation will have for companies, and at the same time to provide an overview of the measures necessary for effective preparation. (Pinella Altiero, Melania Mazzonová, more at lexology.com)