The bioeconomy has a pivotal role to play in the transition to a more circular, sustainable and resource-efficient society, says the European Bioeconomy Alliance (EUBA) in an position paper.
The ambitious European Commission strategy to drastically reduce greenhouse gas emissions in the EU and achieve climate neutrality by 2050 has recently been set in motion as the European Green Deal. The European Bioeconomy Alliance (EUBA), representing twelve organisations in various sectors active in the bioeconomy and of which EuropaBio is a founding member, welcomes such a comprehensive policy tool that should ensure alignment and coherence between the different initiatives that are part of the Deal.
According to an EUBA position paper published in April, the Green Deal represents both an opportunity and a challenge for the bioeconomy sectors. On one hand, if the EU intends to continue leading the green transition, it should be even more committed to unlock the potential of the bioeconomy and implement the Bioeconomy Strategy Action Plan. On the other hand, the ultimate objective of carbon neutrality is very ambitious and requires strong accompanying measures at both EU and national level, e.g. to secure renewable energy supplies of sufficient quantity and enable scale-up of innovative solutions in the bioeconomy.
EUBA considers that it will be vital to secure a well-functioning system that will provide an effective contribution to the EU’s decarbonisation and growth objectives. The alliance also highlights that the bioeconomy has a pivotal role to play in the transition to a more circular, sustainable and resource-efficient society. In order to achieve food security, meet climate and renewable energy targets and accelerate progress towards achieving the UN Sustainable Development Goals (SDGs), a holistic and cross-sectoral approach to foster bio-based solutions is needed, taking planetary limits into account and preserving biodiversity.
In the position paper is shown that the bioeconomy is inherently linked to several policy areas of the EU Green Deal, such as
- the Circular Economy Action Plan 2.0,
- the EU Industrial Strategy,
- the EU Climate Law and Renewable Energy Directive,
- the EU Investment Plan,
- the Farm to Fork Strategy,
- the EU Forest Strategy,
- the EU Biodiversity Strategy,
- Horizon Europe, CAP and further investment programmes.
For more details on the position paper of EUBA: https://www.europabio.org/industrial-biotech/publications/euba-position-eu-green-deal