EU countries would be required to meet binding targets to restore damaged ecosystems so that wildlife can thrive and emissions are reduced under a new legislative package presented on Wednesday. The European Commission said as it presented the proposal that it hopes it can help restore biodiversity by 2050, in a bid to save wildlife, plantlife and insects under threat of mass extinction. “The climate and biodiversity crises are threatening the very foundation of our life on Earth,” EU Executive Vice President Frans Timmermans said in a statement. “We humans depend on nature. For the air we bre…