A strong European bio-based sector offers Europe and its citizens an opportunity to accelerate the economic recovery and the transition towards climate neutrality and healthy ecosystems.
This position paper shows the immediate and the mid to long-term impacts of the bio-based industries towards a green recovery. Our sector positively contributes to environmental, economic and social challenges by sustainably using domestic renewable feedstock from agriculture, forestry and fisheries as well as residues, bio-waste and recycled carbon emissions, and process it in state-of-the-art biorefineries to provide bio-based solutions for our customers and consumers.
1. Bio-based industries accelerate the economic recovery
With about 700 billion EUR turnover and 3.6 million people employed, the bio-based industries are helping to alleviate the impact of the crisis by keeping essential services running and maintaining green jobs. BIC members reacted quickly and effectively to assist governments and health authorities to combat the COVID-19 pandemic. This included the provision of much-needed supplies such as food and feed ingredients, (compostable) packaging, hand sanitisers, masks, tissues and energy from renewable feedstock.
2. Bio-based industries are key for realising the EU’s Green Deal
The advantage of the bioeconomy lies in the fact that through integrated and innovative circular operations food, feed, bio-based products and materials, services and energy can be produced. The bio-based industries help to reduce Europe’s dependency on fossil-based resources, sustain healthy ecosystems and achieve the climate neutrality goal. We help to improve food security, foster circularity, stimulate rural development and maintain green jobs in EU regions.
3. Bio-based industries transform the way sectors and society work
Creating bio-based value chains requires new connections and innovations across multiple and diverse sectors. It also requires involving brand owners’ and citizens’ insights to achieve market up-take and acceptance. That is the uniqueness and the challenge of the European bio-based sector. The bio-based industries integrate ‘traditional’ industrial sectors including the primary sector into innovative value chains in making the European bioeconomy the global leader.