The Bio-based Industries Joint Undertaking delivers substantial socio-economic and environmental benefits to Europe, actively contributing to the European Green Deal.
Did you know that renewable biological resources such as waste, agricultural and forestry residues, and aquatic biomass can be used to produce greener everyday products, from food and cosmetics, to animal feed, bio-based chemicals, textiles, and biodegradable packaging?
In Europe, the bio-based industries sector is already worth €700 billion and employs 3.2 million people directly, but it faces complex and substantial technology and innovation challenges. Full deployment of such technologies on to the market requires sustainable sourcing of biomass, as well as new business models, which integrate all the economic actors across the value chains. The complexity of such an endeavor dictates the necessity to foster collaborations not only across sectors, but also across borders. An institutional public-private partnership was therefore needed to ensure the full deployment of the bioeconomy in Europe.
Since 2014, the catalyst for the development of bio-based industries in Europe has been the Bio-based Industries Joint Undertaking (BBI JU), a €3.7 billion institutional public-private partnership between the European Union (EU) and the Bio-based Industries Consortium (BIC). This partnership was created to structure the sector and make the European bio-based industry more competitive and sustainable, and so far it is well on track to deliver on its promises.
Attracting investments and making Europe a global leader
‘When we launched the BBI JU, we aimed to put Europe firmly on the map of attractive regions to invest in bio-based industries,’ says Philippe Mengal, executive director of the BBI JU. ‘We’ve not just achieved this, but we’ve made it a global leader. More and more companies outside of the EU are now interested in joining our growing community of more than 1,100 project participants from 33 countries and making investments in Europe. I am excited to see what the next five years will bring.’
By loading the video, you agree to YouTube’s privacy policy.
Learn more
As an example of the socio-economic impact, the first nine biorefinery flagship projects alone will generate more than 3,000 direct and 10,000 indirect jobs, well spread throughout Europe. They will also leverage €1.2 billion of investments from industry, contributing to rural revitalization and delivering bio-based products with a lower greenhouse gas footprint.
Structuring and mobilizing bio-based industry
The two main positive effects of the BBI JU have been the structuring effect in organizing the value chains across sectors and the innovation-driven mobilizing effect of all key stakeholders. Through its 101 funded projects, this joint undertaking has been fostering new collaborations, transforming once-linear value chains into more interconnected ones. The results have been impressive: BBI JU projects now expect to create 143 new cross-sector interconnections and 113 new bio-based value chains.
A strong European bio-based industrial sector will help to reduce Europe’s dependency on fossil-based products.
For example, the EFFECTIVE project has created innovative value chains by combining different biomasses such as byproducts from sugar production and beech wood to produce bio-based nylon. Bio-based nylon is a valuable material that can be used in a wide range of applications such as garments, carpet solutions and primary packaging.
Bolstering market uptake
Moreover, the BBI JU is supporting the introduction of innovations into the market by boosting large-scale production and the creation of sustainable products and materials with an equal or overall better performance than their fossil-based counterparts. Once again, the results are exceeding the initial 2020 targets: the BBI JU projects are now expecting to produce 147 new bio-based materials against the initial target of 50 and 65 new bio-based products versus the original target of 30.
Europe’s bio-based industries will need to make sustainable, resource-efficient and largely waste-free use of renewable materials.
A good example of these achievements comes from the blue bioeconomy. Starting from algal biomass, the SpiralG project is expected to produce bio-based food dye and bio-stimulants for plants. On top of that, the project is on track to develop functional protein-rich compounds for pet food and higher-quality protein bioactive compounds for the pharmaceutical industry.
Actively contributing to the European Green Deal
Through the implementation of its mission, the BBI JU is also delivering concrete socio-economic and environmental benefits to Europe. More than 80 percent of its ongoing projects support the creation of new skilled jobs in the bioeconomy, most of them in rural and coastal areas, and more than 70 percent of them expect to deliver bio-based products with lower greenhouse gas emissions than the fossil-based alternatives.
By contributing to the EU bioeconomy strategy, the EU body is also supporting the build-up of a circular economy on the continent, and actively contributing to the European Green Deal. Two-thirds of ongoing projects contribute to reducing waste, fostering the reuse of materials and products, improving recyclability, as well as turning waste and side streams into added-value products.
As Philippe Mengal underlines: ‘A strong European bio-based industrial sector will help to reduce Europe’s dependency on fossil-based products, moving Europe more quickly towards the many socio-economic benefits of a greener post-petroleum society. To unlock their full potential, Europe’s bio-based industries will need to make sustainable, resource-efficient and largely waste-free use of renewable materials. These have a direct effect on spurring sustainable growth and boosting Europe’s competitiveness. And the BBI JU is a key player in enabling this transition.’
By loading the video, you agree to YouTube’s privacy policy.
Learn more
To learn more about the achievements of this initiative, discover the BBI JU projects’ success stories and register for the upcoming BBI JU Stakeholder Forum, which will take place on December 4 in Brussels. The event will bring together the bio-based industries community and facilitate open discussion on the impact, achievements and strategic direction of the BBI JU program, as well as the latest developments in the bio-based industries sector.
Source
BBI JU, press release, 2019-10-08.
Supplier
Bio-based Industries (BBI) Joint Undertaking
Bio-based Industries Consortium (BIC)
European Union
Share
Renewable Carbon News – Daily Newsletter
Subscribe to our daily email newsletter – the world's leading newsletter on renewable materials and chemicals
