Europe is undergoing an unprecedented crisis and the impacts are felt in all aspects of our daily lives. While our society is facing challenging times, the bio-based industries welcome the immediate reaction from the European Commission to formulate a common response to the crisis and its economic consequences.
The future impacts of the crisis are unpredictable. What is predictable, however, is that climate change will not halt if we do not take action. Reducing Europe’s dependency on fossil-based resources, sustaining healthy ecosystems and reaching the climate neutrality goal will require better integration across sectors to create more circular and innovative bio-based solutions. To quote President von der Leyen, the European Green Deal is “an opportunity to rebuild our economies differently and make them more resilient”.
The bio-based sector can help by turning the crisis into new opportunities for green growth and by being a strong partner in the EU’s green economic recovery. We are integrating ‘traditional’ industrial sectors into innovative value chains in making the European bioeconomy the global leader. The bio-based sector sustainably uses domestic renewable feedstock from agriculture, forestry and fisheries as well as residues and bio-waste, and processes it in state-of-the-art biorefineries to provide bio-based solutions for our customers and consumers.
It helps to improve food security, foster circularity, stimulate rural development and maintain green jobs in EU regions.
To read the whole letter and check the list of signatories, please click here.
BIC has also published a position paper on the green recovery which can be consulted here.
18/06/2020
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