An interview. European Commission: “The bioeconomy can generate significant carbon savings to reduce EU’s GHG emissions by at least 55% by 2030”

Berlaymont in Brussels
Berlaymont, European Commission’s Headquarter in Brussels

“Already now, the circular and sustainable bioeconomy is contributing to all dimensions and objectives of the European Green Deal. Through the substitution of fossil-based products and materials and through carbon sequestration in soil and forests, together with its storage in harvested wood products, the bioeconomy can generate significant carbon savings to reduce the EU’s greenhouse gas emissions by at least 55% by 2030”. To say this is a European Commission’s official, who prefers to remain anonymous. In this long interview with Il Bioeconomista, the Commission’s official talk about the Green New Deal, the bioeconomy and the partnership Circular Bio-based Europe.

Interview by Mario Bonaccorso

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New European Partnerships and nearly €10 billion for the green and digital transition

Berlaymont, European Commission’s Headquarter in Brussels

The European Commission proposed yesterday to set up 10 new European Partnerships between the European Union, Member States and/or the industry. The goal is to speed up the transition towards a green, climate neutral and digital Europe, and to make European industry more resilient and competitive. The EU will provide nearly €10 billion of funding that the partners will match with at least an equivalent amount of investment. This combined contribution is expected to mobilise additional investments in support of the transitions, and create long-term positive impacts on employment, the environment and society.

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The EC announced at IFIB in Rome the first closing at €82 million of the ECBF

The European Commission announced last Thursday, during the International Forum on Industrial Biotechnology and Bioeconomy which was held in Rome, the first closing at €82m of the European Circular Bioeconomy Fund (ECBF), the first equity fund focused on the bioeconomy and on circularity in the EU and Horizon 2020 Associated Countries under management of the ECBF Management GmbH. The European Investment Bank (EIB), which committed to invest a total of €100m to the target size of the ECBF of €250m, raised €65m in the first closing, the rest came from private investors.

Michael Brandkamp, Head of ECBF in Rome at IFIB

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The European Commission adopted a new circular economy action plan

Berlaymont, European Commission’s Headquarter in Brussels

The European Commission has adopted a new Circular Economy Action Plan – one of the main blocks of the European Green Deal, Europe’s new agenda for sustainable growth.

The new Action Plan announces initiatives along the entire life cycle of products, targeting for example their design, promoting circular economy processes, fostering sustainable consumption, and aiming to ensure that the resources used are kept in the EU economy for as long as possible.

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The EU Commission and the EIB presented the investment advisor to set up and manage the European Circular Bioeconomy Fund

Carlos Moedas, former EU Commissioner for Research, Innovation and Science

The European Commission and the European Investment Bank (EIB) completed the public procurement process for the selection of an investment advisor to set up and manage the European Circular Bioeconomy Fund (ECBF). The selected investment advisor is ECBF Management GmbH and Hauck & Aufhäuser Fund Services S.A. will act as the Alternative Investment Fund Manager.

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John Bell in Helsinki: “In the Bioeconomy we need more Finlands”

John Bell in Helsinki

“We need more Finlands in the Bioeconomy”. This is what John Bell, director Bioeconomy at the EU Commission said yesterday in Helsinki at the European Bioeconomy Scene 2019, organized with the objective to achieve an inclusive and sustainable bioeconomy for Europe.

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Bioeconomy Scene 2019: Helsinki is the European capital of bioeconomy

John Bell, European Commission, at Global Bioeconomy Summit in Berlin (25 November 2015)

Helsinki is the European capital of bioeconomy. A Bioeconomy Conference is being organised to contribute to achieving an inclusive and sustainable bioeconomy for Europe. Finland’s Ministry of Agriculture and Forestry and the European Commission are jointly organising the conference, and it is one of the events to be held in Helsinki under Finland’s Presidency of the Council of the European Union.

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The updated EU bioeconomy strategy is finally here

Berlaymont, European Commission’s Headquarter in Brussels

 

The European Commission launched today the updated Bioeconomy Strategy “A sustainable Bioeconomy for Europe. Strengthening the connection between economy, society and the environment”.

The purpose of this update to the 2012 Bioeconomy Strategy is to address global challenges like climate change, land and ecosystem degradation, through a set of 14 concrete actions which will be launched in 2019 at the latest. These actions reflect the conclusions of the 2017 review of the Strategy.

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An interview with John Bell, Director at the EU Commission in charge of bioeconomy. “The bioeconomy promises to lead the next rising wave of global economic development”

John Bell, at the first edition of the Bioeconomy Investment Summit in Brussels

“The bioeconomy promises to lead the next rising wave of global economic development. Renewable energy, renewable raw materials and recyclable products pose a positive challenge to our current fossil fuel dependence”. John Bell, Director at the European Commission in charge of bioeconomy, talks to Il Bioeconomista.

In this long exclusive interview, he talks about the new strategy on bioeconomy, the EU’s new research and innovation programme, the role of member states and regions and the connection between bioeconomy and society.

Interview by Mario Bonaccorso

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The EU Bioeconomy Stakeholders Panel launched the European Bioeconomy Manifesto

Jean-Claude Juncker, President of the European Commission

Yesterday in Brussels was the Bioeconomy Policy day, a day dedicated not only to announce the outcomes of the review on the bioeconomy strategy presented in a Staff Working Document, but also to discuss how to move the bioeconomy forward. The EU Bioeconomy Stakeholders Panel launched the European Bioeconomy Manifesto to set out how the continent plans to grow this mult-trillion euro industry.

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