The project(s) should:

• Co-identify, analyse, and explore solutions to address potential barriers and hurdles in the implementation of the Taxonomy Regulation, for example related to the interpretation and the collection of data for biodiversity relevant technical screening criteria. The project(s) could address the technical criteria ‘Substantially Contribute’ to climate change mitigation and adaptation while following the ‘Do No Significantly Does Harm’ in terms of the protection and restoration of biodiversity and ecosystem; as well as the criteria ‘Substantially Contribute’ to the protection and restoration of biodiversity and ecosystem, especially for activities related to land management, restoration of ecosystems and remediation;
• More particularly, identify for which criteria/sectors there are practical implementation barriers and gaps, for example through analysis of case studies, when collecting the remaining Research and Innovation gaps;
• Building on the existing community’s engagement in relevant Horizon 2020 and LIFE projects, engage the relevant stakeholders from the financial and biodiversity and NBS community involved in the implementation of the regulations in this analysis, and in the exploration and co-development of solutions in order to close the implementation gaps.
• Analyse the investment landscape in relation to protection and restoration of biodiversity and ecosystems, identifying best-practice case studies and evaluating the leverage potential of the EU taxonomy and its key success factors. Explore pathways for the future development of the taxonomy that could generate the most positive biodiversity outcomes;
• Provide the necessary guidance, training, and tools both for financial entities and for entrepreneurs engaged in “nature positive” activities, for the interpretation and collection of data of the technical screening criteria for determining whether an economic activity substantially contribute (SC) to one or more objectives, as set in the Regulation. It should also guide the interpretation of the technical screening criteria for determining whether an economic activity does significant harm (in relation to the DNSH principle) to the protection and restoration of biodiversity and ecosystems, as set in the Regulations. This should support compliance with related reporting and disclosure regulations;
• Identify potential skill gaps and propose a capacity building strategy to tackle them;
• Provide economic actors such as investors including Investment Fund Managers, corporates and financial institutions with tools, guidance, and methodologies to gather reliable, consistent and standardised data to enable incorporation of biodiversity considerations into their investment decisions and risk management processes.