Financing biodiversity action: Opportunities and challenges for EU subnational governments

Local and Regional Authorities (LRAs) manage the land and the sea, provide a link between global goals and local communities, and have an increasingly important role in biodiversity protection. However, they face numerous obstacles in accessing and attracting public and private financing for biodiversity. In this context, the objectives of this study were threefold: 1) to summarise the sources of funding for biodiversity projects available to LRAs; 2) to identify the main barriers and challenges in accessing that funding; and 3) to formulate recommendations on overcoming those barriers.