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 Furthermore, increased funding and investments are still necessary to meet the objectives of the WFD (EC, 2019b). Here, the wider exploitation of EU funds may leverage private investment employing the EU Taxonomy for Sustainable Finance. This complementary source of the much-needed finance could be used to promote more ambitious planning and implement measures that help correct imbalances in financing, effectively levelling the playing field for different water users (including the environment). However, any future investments must take stock of past experiences.