The Noah Project

Rebuilding a sustainable world.

Euroactive Publishes Press Release on new EU Biobased Industry Initiative

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Today the European Commission adopts a new proposed €3.8 billion Public Private Partnership for Biobased industries in Europe, aimed at ensuring smart, sustainable and inclusive economic growth, and at enabling Europe to become a world-leading Innovation Union . The proposal comes as part of an innovation investment package of new Joint Technology Initiatives (JTIs) under Horizon 2020.

At the announcement, European Commissioner for Research, Innovation and Science Máire Geoghegan-Quinn said: “These initiatives not only strengthen our economy, they are an investment in a better quality of life. Working together will enable us to tackle issues that no one company or country can deal with alone.”

The Biobased Industries PPP, also known as ‘BRIDGE’ – Biobased and Renewable Industries for Development and Growth in Europe – is a multi-sector initiative whose vision is that of a society and economy which increasingly makes everyday products, such as food, feed, textiles, chemicals and fuels, from locally sourced biomass and wastes, rather than from fossil fuels. The initiative will create jobs in a broad range of sectors in Europe, triggering rural growth across regions whilst placing sustainability and the smart and efficient use of resources at its heart. In doing so, it will also aim to overcome the EU’s so-called ‘innovation valley of death’ by bridging the gap between excellence in technology and success through EU commercialisation of biobased products.

Nathalie Moll, EuropaBio Secretary General stated: “For far too long the EU’s industry leaders in Industrial Biotechnology, which is a key enabler of the broader biobased economy, have had to seek support and investment overseas. Crucially this has meant that the benefits of cutting edge EU technology are reaped elsewhere.  Today’s announcement is a positive sign that the EU is seeking to reverse this trend, though initiatives such as the biobased industries PPP. It is now crucial that the European Parliament and Member States support this proposal”

DSM’s Stephan Tanda, Chair of EuropaBio’s Industrial Biotechnology Council concluded:  “The proposal put forward today for a biobased industries PPP is a major milestone on the journey towards a smarter, more sustainable, more innovative EU economy. It underscores the commitment of both the Commission and of Industry to work together with a broad community of European stakeholders, from farmers to foresters, to scientists to citizens in the development of a world leading EU biobased economy.”

For more information you can access the BRIDGE website here.

Author: Daniela

I will forever be grateful that I was introduced to the utility and beauty of hand crafted products early in life - from the symbolic motifs sewn into the coarse linen fabric of Croatian traditional wear to the colorful Kilim carpets that decorated the parquet floors in my grandmother's living room. I treasure the memories of my grandfather teaching me how to protect myself against the "evil eye," the smell of the flower stalls in the open air market where my grandmother bought produce early every morning for the day’s meals and the summers spent at my great grandmother's where the village wags would come to gossip over thick, black Turkish coffee in her cool stone kitchen. Someone noted that "For all of us that want to move forward, there are a very few that want to keep the old methods of production, traditions and crafts alive." I am a fellow traveler with those who value the old traditions and folk wisdom. I believe the knowledge they possess can contribute significantly to our efforts to build a more sustainable world - one that values the individual over the corporation, conservation over growth and happiness over wealth.

2 thoughts on “Euroactive Publishes Press Release on new EU Biobased Industry Initiative

  1. Pingback: Moving towards the renewables: biotech and more | Science on the Land

    • Thanks for reblogging this. Interestingly enough over this last month I have a larger readership in Canda, So. America, Europe and Asia than I do in the US. I wonder if the Universe is urging me to go forward with my plan to move back to Europe by next year.

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