The European Commission is considering a market system that would encourage farmers and industry to protect nature and restore lost biodiversity by putting a price on ecosystems. European Commission President Ursula von der Leyen said today (September 13) that the EU must create new financial instruments to reward farmers who contribute to reversing biodiversity loss and climate change.
"We need new financial instruments to compensate farmers for the additional costs of sustainability and to compensate them for taking care of land, soil, water and air," von der Leyen said.