Haaga-Helia. "True (but Requires Context): Finland Faces the Highest Costs under EU’s Environmental Restoration Law Relative to its Economy". EUFACTCHECK. June 06, 2024. https://eufactcheck.eu/...

The European Nature Restoration Law (NRL) establishes rules and procedures for the restoration and conservation of natural resources and ecosystems to compensate or offset damage to natural resources and promote sustainable development.  While center-right, far-right and conservative politicians such as Kai Mykkänen, Finland’s Minister for Climate and Environment and representative of the center-right National Coalition party, oppose the NRL because of its "excessive costs", they ignore its exponential benefits for each country's gross domestic product (GDP).  Although Mykkänen's claim that the cost to Finland is the highest in the EU relative to the size of its economy is correct, his argument ignores the 10-fold benefit of nature restoration and the law to Finnish GDP.

Posted on 18/06/24

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