Circular Bio-based Europe ready to fast-track green investments

18 November 2021

The Bio-based Industries Consortium (BIC) applauds the EU Council’s decision to adopt the regulation establishing nine Joint Undertakings under Horizon Europe, including Circular Bio-based Europe (CBE JU). The CBE JU builds on the achievements of the Bio-based Industries Joint Undertaking (BBI JU).

“United with our European Commission partners, BIC remains committed to building on the successes of the BBI partnership and contributing to the EU’s transformation into an innovative, sustainable and competitive society”, says Mat Quaedvlieg, BIC Chairman and VP Strategic Business Projects, SAPPI.

The decision by the Council demonstrates the importance of the CBE partnership for achieving the European Green Deal in EU Member States and regions. CBE JU will provide opportunities to accelerate bio-based innovation, keep and attract bio-based investments in Europe while enhancing the bioeconomy’s sustainability credentials.

The CBE JU is now set to be established before end 2021, with the first call for proposals launched by the end of the first quarter 2022.

Note to editor:

For media enquiries, please contact Ben Kennard by email at ben.kennard@biconsortium.eu.

BIC’s mission is to connect industry, academia, regions and citizens to transform bio-based feedstocks into novel sustainable products and applications, and to create circular bioeconomy ecosystems through investments, innovation and know-how. The Bio-based Industries Consortium (BIC) includes 180+ industry members covering full bio-based value systems, from primary production to the market, across multiple and diverse sectors, such as agriculture & agri-food, aquaculture & marine, chemicals and materials, including bioplastics, forestry and pulp & paper, market sectors, technology providers and waste management & treatment. BIC’s membership also includes over 200 associate members such as research organisations, academia, trade associations, etc. Want more news from us? Join our community of subscribers: bio-based.link/sign-up.