EESC: “The EU needs a strong and coherent bioeconomy strategy”

The EU needs a strong and coherent bioeconomy strategy grounded in strict sustainability safeguards, circular design, and reduced resource use, ensuring competitiveness and climate goals remain within planetary boundaries. It must also clearly define the societal value of the bioeconomy. In its opinion, ‘EU Bioeconomy Strategy: Towards a Circular, Regenerative and Competitive Bioeconomy’, adopted on 29 April, the European Economic and Social Committee (EESC) emphasised that Europe is a resource-constrained and highly import-dependent continent. It relies on fossil fuels and raw materials in an increasingly tense geopolitical situation. At the same time, overexploitation of natural resources is one of the main causes of ongoing biodiversity loss.

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Bangladesh secures support for Asia-Pacific bioeconomy transition

A Bangladesh-sponsored resolution on sustainable bioeconomy has been adopted by consensus at the 82nd session of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). The resolution, titled “Supporting the transition towards a sustainable bioeconomy in countries in Asia and the Pacific”, reflects strong support from member states across the region, according to a press release issued by the Bangladesh Embassy in Bangkok.

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Europe’s new platform to help unlock funding for a bio-based future

Berlaymont, European Commission’s Headquarter in Brussels

A new Bioeconomy Investment Group is being set up to help Europe’s sustainable industries secure the funding they need to grow. The group aims to reduce financial risks for investors, create clear funding standards, and bring together public and private money. Despite already supporting 17 million jobs and generating up to €2.7 trillion in economic value, many innovative bio-based projects struggle to secure financing at critical stages, such as moving from small-scale testing to full industrial production. This funding gap risks holding back Europe’s ability to turn scientific breakthroughs in biotechnology and sustainable materials into real-world industries.  

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An interview with Philippe Mengal, executive director of BIC. “The bioeconomy is not just about replacing fossil carbon. It is about redefining Europe’s place in the global economy.

“The real question is where Europe can lead. To answer that, we need a sharper understanding of end markets and stronger market-pull policies to drive uptake of bio-based products. Scaling innovation requires demand, and demand must be actively supported through policy. Ultimately, the bioeconomy is not just about replacing fossil carbon. It is about redefining Europe’s place in the global economy.” To say this – in this exclusive interview with Il Bioeconomista – is Philippe Mengal, the new executive director of BIC (Biobased Industries Consortium).

Interview by Mario Bonaccorso

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Brussels will host the European High-Level Conference on Biosolutions on May 12

The new edition of the European High-Level Conference on Biosolutions will be held in Brussels on May 12. This will be an opportunity to explore how biosolutions can help future-proof Europe. “At a crucial point in time for Europe, biosolutions – the organizers state – are increasingly recognised as essential for building competitiveness, resilience, and sustainability across value chains. This annual high-level conference is your chance to learn about the latest innovations, policy initiatives, regulatory trends, and collaborative opportunities – helping to shape the direction of biosolutions in Europe.”

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Brazil has a new strategy to make biodiversity one of the country’s main economic assets for development by 2035

The Brazilian government last week presented a new strategy to make biodiversity one of the country’s main economic assets for development by 2035. This is according to Agència Brasil. The National Bioeconomy Development Plan (PNDBio) is expected to encompass everyone from extractive workers to industry. Among the goals are expanding payments for environmental services, incorporating new herbal medicines into Brazil’s national public health care network – the SUS – and granting new conservation units to promote ecotourism.

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Formula 1® joins the circular bioeconomy

Formula 1® joins the circular bioeconomy. Indeed it has become an affiliate member of the Circular Bioeconomy Alliance (CBA), established by His Majesty King Charles III when he was The Prince of Wales. As a member of the CBA, Formula 1 will work together with industry experts and other CBA members to strengthen the integration of nature protection and restoration into its strategy and delivery. 

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Bioeconomy: European Council backs moving bio-based innovations from lab to production

European Parliament, Brussels

Last Tuesday, the European Council approved conclusions on the new EU’s bioeconomy strategy. The Council conclusions welcome the vision for a competitive and sustainable bioeconomy by 2040, promote the use of bio-based and circular solutions across all relevant sectors – as fossil-free alternatives – and support innovation and investments. 

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On March 24 the CBE JU Stakeholder Forum will take place in Brussels

Virginia Puzzolo, Head of Program at CBE JU at IFIB 2023 in Florence

On 24 March, the CBE JU Stakeholder Forum 2026 will take place in Brussels, bringing together Europe’s bio-based community for high-level discussions on how to move from innovation to real market impact. The second edition of the forum will focus on a key question: what still needs to happen for Europe’s bio-based innovations to become competitive, large-scale industrial solutions? The forum will bring together CEOs from leading European bio-based companies (among these Catia Bastioli CEO Novamoent, Niklas von Weymarn CEO Metsa Spring, Nicolas Sordet CEO Afyren), as well as key EU decision makers, to discuss what it takes to transform innovation into industrial reality.

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Commission launches call for interest in the European Bioeconomy Investment Deployment Group

Berlaymont, European Commission’s Headquarter in Brussels

The European Commission launched a call for interest last Tuesday to participate in the European Bioeconomy Investment Deployment Group, a new platform aimed at accelerating investment in the EU’s growing bioeconomy sector.  

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