EU Commission presents the findings of the EU Bioeconomy Strategy Progress Report

John Bell in Helsinki

The high-level conference ‘The Bioeconomy – Enabling the European Green Deal in Challenging Times’ is taking place today in the Charlemagne building in Brussels. The EU Commission is presenting the findings of the EU Bioeconomy Strategy Progress Report, adopted in June 2022, and is highlighting the role of bioeconomy policy to enhance policy coherence and system thinking.

A series of bioeconomy success stories from EU research and innovation will be presented today and tomorrow, alongside evidence for a successful implementation of the EU Bioeconomy Strategy. There will also be an opportunity to discuss how the bioeconomy can help to better manage certain trade-offs, by addressing the question of how increasing biomass demand for energy and industrial needs can be matched with increasing climate and biodiversity objectives.

“Bioeconomy – states the EU Commission – encompasses all sectors and associated services and investments that produce, use, process, distribute or consume biological resources, including ecosystem services. From the food we eat to the furniture in our house and the clothes we wear, the bioeconomy, as one of the Union’s largest sectors, is already present in our daily lives. Bioeconomy can be the natural enabler and result of the European Green Deal transformation.”

Among the speakers today: John Bell, Director at EU Commission, Catia Bastioli CEO Novamont, Michael Brandkamp General Partner at ECBF, Christian Thomsen VP at European Investment Bank, Frans Timmermans Executive VP at EU Commission.

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