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SUGGESTIONS FOR IMPROVEMENT
Include national expenditure as well as private donations. Work is ongoing on a coding system that will determine EU Member State spending levels on biodiversity. In addition, more detailed information will be provided on other funding instruments such as the agro-environment schemes, broader rural development, also including Natura 2000 payments, Structural Funds, RTD, and LIFE+.
The improvement of the indicator depends on more accurate accounting system within the EU that would allow tracking the disbursement of funds according to the legal instrument authorising the activity.
According to the EU Headline Indicator, resource transfers also need to be included (funding to biodiversity in economic and development cooperation).
For references, please go to https://www.eea.europa.eu/data-and-maps/indicators/financing-biodiversity-management/work-due-01-jan-2099 or scan the QR code.
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