The Bioeconomy Strategy will accelerate the deployment of a sustainable European bioeconomy. It has 5 goals:
- ensure food and nutrition security;
- manage natural resources sustainably;
- reduce dependence on non-renewable, unsustainable resources;
- limit and adapt to climate change;
- strengthen European competitiveness and create jobs.
The strategy will contribute to the European Green Deal, as well as industrial, circular economy and clean energy innovation strategies. They all highlight the importance of a sustainable, circular bioeconomy to achieve their objectives. The strategy is implemented by means of an action plan that contains 14 concrete actions:
Strengthen and scale up the biobased sectors, unlock investments and markets:
- mobilise stakeholders in developing and deploying sustainable biobased solutions;
- launch a 100 million circular bioeconomy thematic investment platform;
- analyse enablers and bottlenecks for the deployment of biobased innovations;
- promote and develop standards;
- facilitate the deployment of new sustainable biorefineries;
- develop substitutes to fossil-based materials that are biobased, recyclable and marine biodegradable.
Deploy local bio-economies rapidly across the whole of Europe:
- launch a strategic deployment agenda for sustainable food and farming systems, forestry and biobased products;
- launch pilot actions for the deployment of bio-economies in rural, coastal and urban areas;
- support regions and EU countries to develop bioeconomy strategies;
- promote education, training and skills across the bioeconomy.
Understand the ecological boundaries of the bioeconomy:
- enhance knowledge on biodiversity and ecosystems;
- monitor progress towards a sustainable bioeconomy;
- promote good practices to operate the bioeconomy within safe ecological limits;
- enhance the benefits of biodiversity in primary production.