In 2023, Spain led European countries in public sector transfers for biodiversity protection, with 50.9 million Euros. Lithuania followed with 19.9 million Euros, while Estonia and Ireland received 7.8 and 6.4 million Euros, respectively. Notably, Slovakia saw the highest year-on-year increase at 22.74%, indicating burgeoning investment. In contrast, Slovenia and Luxembourg showed minimal growth, with Slovenia stagnant and Luxembourg witnessing a 2.71% increase. The 5-year CAGR highlights steady European investment in environmental initiatives, underscoring strong regional commitment.
Future trends to watch involve heightened EU regulations and increased funding for biodiversity. Countries may prioritize significant transfers to align with broader EU environmental goals. An expansion in international collaborations aiming at landscape protection to tackle climate change challenges also appears likely.
Top countries in Current and Capital Transfers Received for Environmental Protection in Protection of Biodiversity and Landscape in All Activities by the Public Sector by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 50.9 | 2023 | +2.62% | +2.59% | View data |
2 | 2 Lithuania | 19.9 | 2023 | +3.11% | +0.1% | View data |
3 | 3 Estonia | 7.8 | 2023 | +2.63% | +0.26% | View data |
4 | 4 Ireland | 6.4 | 2023 | +6.67% | +8.28% | View data |
5 | 5 Austria | 5.6 | 2023 | +1.82% | +4.01% | View data |
6 | 6 Slovakia | 3.9 | 2023 | -61% | +22.74% | View data |
7 | 7 Latvia | 3.2 | 2023 | +3.23% | +1.3% | View data |
8 | 8 Belgium | 2.6 | 2023 | 0% | +4.36% | View data |
9 | 9 Slovenia | 0.9 | 2023 | 0% | 0% | View data |
10 | 10 Luxembourg | 0.8 | 2023 | +14.29% | +2.71% | View data |