“Europe is becoming a very attractive area to invest in bio-based Industries: where BIC members were announcing a portfolio of 2bn euros investment in 2014 the same survey announced 5 bn euros investments in 2017”. To say it – in this long, exclusive interview with Il Bioeconomista – is Philippe Mengal, executive director of the BBI JU. The Bio-Based Industries Joint Undertaking is a €3.7 billion Public-Private Partnership between the EU and the Bio-based Industries Consortium. Operating under Horizon 2020, it is driven by the Vision and Strategic Innovation and Research Agenda (SIRA) developed by the industry
According to Mengal, “The next decade is a critical period for the EU. We need to reinvent our economy to face the challenges of climate change and resource constraints. Europe is committed to excelling in smart, sustainable growth and mobilizing investment to create new products and new markets is key”.
Interview by Mario Bonaccorso