Funding Nature Restoration in Ireland
Natural Capital Ireland was commissioned by the Irish Environmental Network (IEN) to deliver a report on high-level recommendations for funding nature restoration in Ireland. On June 28, 2024, we brought together a diverse group of subject matter experts from academia, business, environmental NGOs, farming, government departments, and semi-state bodies to workshop high-level recommendations for funding nature restoration, which are set out in this report.
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Click text below or on cover image to read the report:
High-level Recommendations on Funding Nature Restoration in Ireland
Background
With the EU Nature Restoration Law (NRL) adopted by the European Council on 17th June 2024, the Irish Environmental Network and Natural Capital Ireland felt it timely to grapple with the ‘how-tos’ of financing the implementation of Ireland’s National Restoration Plan (NRP), which is being formulated by Ireland’s National Parks and Wildlife Service. On the basis of workshop discussions detailed in the report, we have compiled seven key recommendations in relation to funding nature restoration.​​
Key recommendations:
1. Invest in an overarching nature restoration plan​​
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5. Scale up success
6. Multi-annual funding
7. Blended funding - both public & private
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See full report for details or visit ien.ie/funding-nature-restoration-in-ireland-report/
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2. Rebuild trust
3. Mainstream biodiversity
​4. Boost capacity​​
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With thanks to the Irish Environmental Network and all who participated in the workshop, including Áinle Ní Bhríain, National Parks & Wildlife Service and Craig Bullock, UCD / Optimize for their workshop presentations.
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Illustrations by Eimear McNally.
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