Bioeconomy on the rise: Momentum building amid global challenges

European Parliament, Brussels

We are navigating turbulent times, yet the bioeconomy continues to gain momentum, demonstrating its resilience and relevance across the globe. In just the past month, we have seen remarkable developments from various regions – each reinforcing the growing recognition of bio-based solutions as a pathway to sustainability and economic transformation. Here are some of the latest developments shaping the future of the bioeconomy.

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EU Commission presented a Clean Industrial Deal for competitiveness and decarbonisation

Berlaymont, European Commission’s Headquarter in Brussels

Yesterday, the Commission presented the Clean Industrial Deal, a bold business plan to support the competitiveness and resilience of European industry. “The Deal will accelerate decarbonisation, while securing the future of manufacturing in Europe.” “Faced with high energy costs and fierce and often unfair global competition, our industries – the EU Commission stated – need urgent support. This Deal positions decarbonisation as a powerful driver of growth for European industries. This framework can drive competitiveness as it gives certainty and predictability to companies and investors that Europe remains committed to become a decarbonised economy by 2050.”

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An interview with Dirk Carrez, Executive Director of BIC (Biobased Industries Consortium).

“Currently, there are policy frameworks for food, feed and bioenergy, but not for bio-based chemicals and derived materials. This gap puts the bio-based chemicals and derived materials sector at a disadvantage, and has also an impact on investments in Europe.”. Dirk Carrez, executive director of BIC (Biobased Industries Consortium) talks to Il Bioeconomista.

Interview by Mario Bonaccorso

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Fourteen European clusters launch the European Bioeconomy Clusters’ Alliance. “We want the EU to lead in the circular bioeconomy”

Fourteen cluster from eleven different European countries will launch today in Brussels the European Bioeconomy Clusters Alliance (EU Bioeconomy Clusters Alliance), a new European network that unites efforts to boost the growth of a circular and sustainable bioeconomy across Europe.

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An exclusive interview with Frederic Van Gansberghe, CEO Futerro. The Most Innovative Bioeconomy CEO 2024

Frederic Van Gansberghe, CEO Futerro

“For me and Futerro, innovation in the bioeconomy is all about reinvention and transition. It’s about finding alternative solutions that weave sustainability, circularity, and ecological resilience into the very core of what we do.” To say it – in this exclusive interview with Il Bioeconomista – is Frederic Van Gansberghe, CEO of Futerro and the Most Innovative Bioeconomy CEO 2024.

According to him, “there is a clear gap between Europe’s ambitions and reality. Many industrial players usually ask to reduce the number of regulations and directives; in my case, I would request to increase their quality”

Interview by Mario Bonaccorso

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The EU Commission launches a new Biotech and Biomanufactoring Hub, but forgets the industrial biotechnology

The EU Commission yesterday launched a new Biotech and Biomanufactoring Hub to support companies – particularly start-ups and SMEs – in bringing innovative products to the EU market and increase their competitiveness. The Hub will also help companies identify the support available to them at EU level and how to access this support to help them to expand and grow.

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The EU Commission presented the Competitiveness Compass. “We must fix our weaknesses”, said President Ursula von der Leyen

Berlaymont, European Commission’s Headquarter in Brussels

Yesterday, the EU Commission presented the Competitiveness Compass, the first major initiative of this mandate providing a strategic and clear framework to steer the Commission’s work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are invented, manufactured, and put on the market, while being the first continent to become climate neutral.

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UPM Raflatac continues its collaboration with WWF Poland on circular economy and privately protected areas

UPM Raflatac and WWF Poland have renewed their contract to build a smarter future beyond fossils together. During the new three-year contract period the collaboration will focus on enabling the development of circular economy and promoting privately protected areas, especially wetlands in Poland. The three-year contract will also involve UPM Raflatac’s internal and external stakeholders to increase engagement and support for these two important initiatives given the challenges we are facing today.

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EIT opened its call to build a new sustainable innovation partnership to strengthen Europe’s water, marine and maritime sectors

The European Institute of Innovation & Technology (EIT) opened its call to build a new sustainable innovation partnership to strengthen Europe’s water, marine and maritime sectors and ecosystems. The Call for Proposals invites consortia of  organisations and industry leaders bringing together water-related education, research and business to put forward their vision and strategy for EIT Water. The EIT is an integral part of Horizon Europe, the EU’s research and innovation framework programme. 

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BIC’s Report: Hungary provides untapped opportunities for Europe’s bio-based sector and green growth

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Coinciding with the Hungarian Presidency of the Council and following on from their European Union conference, “BIOEAST and Beyond: Partnering for the Future”, the Bio-based Industries Consortium (BIC), published “Mapping Hungary’s bio-based potential”, highlighting the many untapped green commercial opportunities in the country. 

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