New Report: Bioeconomy worth €2.4 trillion to the European economy

Bioeconomy worth 2.4 trillion EUR to the European economy as bio-based industries mark sizeable jump in turnover and bio-based share of chemicals reaches record high of 15%. The bio-based industries continue their ascent marking a total contribution of 750 billion EUR to the European economy in 2017, a notable increase of 50 billion EUR (+>7%) compared to 2016.

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IFIB 2020 will be both digital and physical. In Rome, on October 1-2

Fountain of Trevi

Rome is the world capital of the bioeconomy. The International Forum on Industrial Biotechnology and Bioeconomy (IFIB) will be held in the Eternal City this year at the WeGil Congress Center. And in this Covid-19 era, it will be both physical and digital.

With more than 300 delegates in attendance from approximately 25 different countries from all around the world (only 100 will be hosted at the Congress Center, the other attendants could follow the forum through Webex Cisco), the conference truly succeeds one more time in its ambitions aim to be one of the leading bioeconomy event at global level. Continue reading

Manufacturers of biomass-derived chemicals created a new sector group within the Cefic

Daniele Ferrari, President of Cefic. Courtesy of Versalis

In response to the growing importance of bio-based renewable raw materials, manufacturers of biomass-derived chemicals created a new sector group within the European Chemical Industry Council (Cefic): Biomass-derived Chemicals Europe (BioChem Europe). The group represents companies using feedstocks based on biomass as their raw materials to produce chemicals.

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The Italian bioeconomy is alive and well. New Report: €345 billion the value of production

Sustainable Intesa Sanpaolo’s Pavillion at Expo 2015 in Milan

In 2018, bioeconomy in Italy has shown a production potential amounting to 345 billion euro, equal to approximately 10% of the total value of national production, employing approximately 2 million people. Italy is in third position at EU level. Germany is first with a production worth €414 billion and France second with €359 billion. Spain is fourth (€237 billion) followed by the UK (€223 billion). In these five countries, the bioeconomy is worth €1.568 trillion. Continue reading

HRH Prince of Wales calls for a ‘green and human-centric recovery’ based on circular bioeconomy

Windsor Castle, UK

Your Excellencies, Ladies and Gentlemen, I must say how grateful I am to have been invited to be with you here today as we bring together the United Nations and the Commonwealth to discuss what we are calling The Great Reset.  I would also like to thank the Permanent Representatives of Canada and Jamaica for convening this meeting and Prime Minister Trudeau for his inspiring leadership on the Green Recovery.

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The world re-starts with the Circular Bioeconomy of Wellbeing

The need to react to the COVID-19 crisis is a unique opportunity to transform our economy and put forward the change that our society needs to create a sustainable and desirable future. A Circular Bioeconomy Roundtable convened by HRH The Prince of Wales last week discussed how this should be done: not just by designing recovery packages, but by transformative action to trigger mission-oriented innovation, attract investments and rethink business models and markets. Leading figures from science, the investment community and industry discussed how a circular bioeconomy offers game-changing solutions and is a crucial concept to move towards a carbon-neutral, renewable and inclusive economy that prospers in harmony with nature.

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An exclusive interview with Philippe Mengal, Director of BBI JU. “The bio-based sector can be a key contributor to the Europe’s recovery”

Philippe Mengal

“I am convinced that this crisis will teach us many lessons and I am sure that the day after will find us working together to kick-star again our economies and drive our recovery towards a more resilient, green and digital EU.” Philippe Mengal, Executive Director of BBI JU, talks to Il Bioeconomista. In this exclusive interview, he tells us how the European bioeconomy is reacting to the crisis of coronavirus.

Interview by Mario Bonaccorso

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International investors call for governments to work towards a sustainable recovery from COVID

A picture from the Bioeconomy Investment Summit 2017 in Helsinki

International investor groups, including the Asia Investor Group on Climate Change (AIGCC), have encouraged global governments to ensure they are planning for a sustainable recovery from the COVID-19 pandemic by factoring in climate change risk into economic recovery plans.

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In Brussels launched an alliance for a green recovery from the Covid-19 pandemic

European Parliament, Brussels

An alliance has been launched in the European Parliament on the back of calls from 12 EU environment ministers who have signed an appeal for a green recovery from the COVID-19 pandemic. The “green recovery alliance” was launched last Monday at the initiative of Pascal Canfin, a French centrist MEP who chairs the European Parliament’s committee on environment and public health.

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A Story from the Near Future

It’s awesome! The emergency is finally over. We can go back to our life. The virus was defeated without waiting for the vaccine, because we all behaved in the best way, staying at home and respecting the physical distance. Now we can go back to meet, talk to each other and, if necessary, also to hug. We’ll always remember all the dead people and the sufferings. And also the physicians and nurses and all the people who spent themselves on others.

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