This Sitra memorandum focuses on providing building blocks to help the next European Commission address the ecological crisis while maintaining Europe's competitiveness and resilience.

The renewed European Commission will take office in 2024 and must keep up the European Green Deal, ensuring that it centres on nature and mainstreams the circular economy across the EU single market.

The key recommendations include:

• ecosystem accounting
• biodiversity offsets
• circular single market
• leveraging nature as a business opportunity
• using data for the green transition
• addressing Europe's global biodiversity footprint, and
• reforming the common agricultural policy.

Stakeholders are encouraged to contribute to the ongoing debate, ensuring the strategy's success.