Financing of the Regulation on Nature Restoration with Regard to the Distribution of Tasks and Financing in Austria

The topic of this project is how to finance the implementation of the Regulation on Nature Restoration in the Austrian context. This regulation entered into force on 18 August 2024. The federal provinces are entrusted with nature conservation. However, they currently only have limited possibilities to finance them. Coordination between the governmental levels is essential in order to achieve the objectives of the regulation, also because the benefits of improving the ecosystems at the level of federal provinces are not regionally limited. The project provides an overview of existing EU and federal funding instruments that can support projects of the federal provinces to improve ecosystems. Building on this, options for their further development are presented and innovative approaches to financing restoration programmes are outlined.