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.
Dear Readers,
we want to wish all of you a very happy, peaceful and healthy year, where we all will keep working together to make the circular bioeconomy happen.
Aramco, TotalEnergies, and Saudi Investment Recycling Company (SIRC), the major player which collects and valorizes organic materials into sustainable products in Saudi Arabia, signed a Joint Development and Cost Sharing Agreement (JDCSA) to assess the development of a sustainable aviation fuels (SAF) production unit in the Kingdom of Saudi Arabia. This signature was done on the occasion of the visit of the President of the French Republic Emmanuel Macron to the Kingdom of Saudi Arabia, and in the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Minister of Energy,
Metsä Group introduces voluntary nature compensation measures in its environmental deviations. Part of regenerative forestry, nature compensation overcompensates the harm to nature resulting from any legal violations. The operating model ensures that corrective measures linked to defective performance result in greater benefit than harm to nature. Nature compensation will be applied in matters related to the Nature Conservation Act and the Forest Act – key legislation in terms of biodiversity.
Our readers have voted. The most innovative bioeconomy CEO 2024 is Frederic Van Gansberghe, CEO of Futerro, a a pioneer and world leader in bioplastics with the development and production of Poly-Lactic Acid (PLA, also called FUTERRO RENEW®). PLA is a well-recognized biopolymer able to replace a large number of traditional petro-based plastic used in several applications.
The circular bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs, reconciling economy, society and the environment. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs.
We have asked a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.
Now we ask you to choose the most innovative CEO responding to our survey (open till December 13 at 7 am, Central Europe Time).
UPM Raflatac has made further progress towards a more circular economy for plastics and a future beyond fossils during 2023. The progress towards the 2025 commitments is detailed in the New Plastics Economy Global Commitment 2024 Progress Report by the Ellen MacArthur Foundation and the UN Environment Programme (UNEP). UPM Raflatac joined the Global Commitment as the first label materials company in October 2018.
The COP29 closing statement of UN Secretary-General António Guterres. COP29 comes at the close of a brutal year – a year seared by record temperatures, and scarred by climate disaster, all as emissions continue to rise. Finance has been priority number one. Developing countries swamped by debt, pummelled by disasters, and left behind in the renewables revolution, are in desperate need of funds.
REMARKS AT THE COP29 HIGH-LEVEL EVENT ON DELIVERING EARLY WARNINGS FOR ALL AND ADDRESSING EXTREME HEAT
Excellencies, friends,
Welcome.
It is a pleasure to join you today – in the home stretch of a brutal year.
2024 has shown climate calamity is now commonplace.
This is on track to be the hottest year in the history books.
It has scorched countries and communities with temperatures that push the limits of human endurance.
And around the world, we’ve seen record rains and hurricanes, historic fires, and deadly droughts.
The 29th UN Climate Change Conference (COP29) is taking place in Baku, Azerbaijan, from November 11-22, 2024. It aims to accelerate global climate action amid escalating environmental challenges. The conference will focus on securing the significant financial investments needed to reduce emissions and protect vulnerable populations, while also urging nations to update their climate action plans to meet the Paris Agreement’s 1.5°C target.
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