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

IMG_0163

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. 

Continue reading

Hungary relies on the bioeconomy to grow

The Hungarian Parliament in Budapest
The Hungarian Parliament in Budapest

Hungary relies on the bioeconomy to grow. Its capital region has vast untapped biomass resources and R&D competencies, states a recent study on the future landscapes of bioeconomy. The paper was accomplished within the framework of the Bioeconomy platform of Climate-KIC, Europe’s largest public-private innovation partnership focused on mitigating and adapting to climate change.

The Bioeconomy platform aims to support the transition to a bio-based economy by developing an integrated, holistic approach across entire value chains from  feedstock production to efficient processing and conversion, and ultimately the production and marketing of bio-based products. Along these lines the Hungarian study delivers an insight into the emerging field of bioeconomy with emphasis  on the opportunities in Hungary by means of assessing natural endowments, key stakeholders and R&D infrastructure from the perspective of relevant Climate-KIC projects. The main European and global drivers as well as the basic technological knowledge are also presented.

Continue reading