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This article concentrates on the funding of green transition policies implemented in France during the 2010s. Instead of examining the emerging European Investor State through its "new" public investment policies, such as loans, equity, investment banks, and funds, this article examines the transformations of "older" public investment policies, specifically investment subsidies. We contend that the European Investor State is currently marked by a paradox: while public resources for investment, particularly for green transition investments, are increasing, the means to distribute these resources are diminishing. Austerity measures and new public management policies are undermining territorial administrations, thereby limiting their ability to accurately identify and support beneficiaries. This bureaucratic weakness within the European Investor State significantly affects the effective distribution of subsidies, because they tend to be increasingly concentrated among larger communities and companies, as well as a broad spectrum of private intermediaries. Consequently, the European Investor State appears multifaceted and occasionally contradictory, lacking long-term continuity. [ABSTRACT FROM AUTHOR]

Semi-natural habitats (SNHs) are essential to biodiversity and agroecological conservation. The impact of agricultural policies on the development of SNHs is a matter of substantial importance. This study conducted a comparative analysis to examine the variations of SNHs' quantity, landscape quality, and ecosystem services resulting from the differentiated agricultural policies in China and the EU from 1990 to 2020. The Yangtze River Delta region (YRD) in China and France was selected as the study area. The results revealed that France exhibited a higher proportion of SNHs, along with improved connectivity and diversity in its plains, whereas SNHs in the YRD were limited in quantity and characterized by unstable landscape structure and ecosystem services. Both the YRD and France experienced a shift in the declined SNHs towards higher altitudes. There was noticeable landscape fragmentation and degraded ecosystem services in the hilly areas of YRD and the high plains of France. The agricultural policies of the EU achieved limited success in protecting SNHs, while China's agricultural landscapes were rapidly losing SNHs due to the absence of policy support. Based on these, the paper puts forward some countermeasures and suggestions for developing SNHs in China and the EU. Our study contributes to the global effort for agroecological conservation. • Comparative analysis of SNHs in China and the EU from 1990 to 2020. • Both YRD and France experienced a shift in declining SNHs towards higher altitudes. • Limited success of EU agricultural policies in SNH protection over three decades. • Rapid loss of SNHs in China's agricultural landscape. [ABSTRACT FROM AUTHOR]