In 2023, Portugal led the expenditure on biodiversity and landscape protection among specialist producers in Europe with 22.6 million Euros, marking a 2.17% increase from the previous year. Belgium followed with a total expenditure of 18.1 million Euros, up by 0.22% year-on-year. Latvia, with an increase of 1.46%, reached 4.3 million Euros. Luxembourg and Lithuania lagged, with expenditures of 2.6 and 0.4 million Euros, respectively, and growth rates of 4.36% and 5.92%, showing that smaller economies in the region are making strides in their investments.
Future trends to watch involve:
- The evolving role of EU policies and funding structures aimed at enhancing biodiversity initiatives.
- Increasing investment from smaller economies, potentially outpacing larger European countries in growth percentages.
- The impact of ESG factors on driving private sector contributions and innovation within the sector.
Top countries in Internal Current Expenditure in Protection of Biodiversity and Landscape in All Activities by Specialist Producers by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 22.6 | 2023 | +3.2% | +2.17% | View data |
| 2 | 2 Belgium | 18.1 | 2023 | 0% | +0.22% | View data |
| 3 | 3 Latvia | 4.3 | 2023 | +4.88% | +1.46% | View data |
| 4 | 4 Luxembourg | 2.6 | 2023 | +4% | +4.36% | View data |
| 5 | 5 Lithuania | 0.4 | 2023 | 0% | +5.92% | View data |
