20 March 2024, Brussels: the European Commission 🇪🇺 has adopted and presented today its strategy: "Building the future with nature: Boosting Biotechnology and Biomanufacturing in the EU", leveraging Europe's clear scientific edge in biotech, and turn this into commercial successes.
▶️Three priorities have been identified: awareness building , financing and regulation.
🌳A strong emphasis is placed on the crucial contribution of the forest-based and wood industries:
🪵 Recognising that the EU has a strong domestic supply of renewable raw materials, such as wood.
🪵 In the case of biomanufacturing, the forest sector offers sustainably produced, renewable and recyclable raw materials that can be used for high value innovative products, such as batteries or healthcare and pharmaceuticals applications (e.g. nanocellulose-based wound dressings).
🪵 Furthermore, wood can be used to replace fossil-based or non-renewable materials, for example, in the production of construction materials and textiles and to substitute chemicals.
🪵 Biorefineries can nowadays transform wood into innovative high value-added products in several sectors: biochemicals, insulation foams, bio composites, engineered foams, batteries, etc.
🪵 The European Commission in its “Annual Union Work Programme for European Standardisation“ for 2024 (https://lnkd.in/eKsFZbMe) has indicated its intention to request the European standardisation organisations (CEN, CENELEC) to develop and revise standardisation deliverables on biomaterials, bio-based and wood-derived products.
🪵 Bio-based value chains would benefit from a deeper integration of primary producers (e.g. farmers and foresters) as they are at the beginning of most bio-based value chains.
🌳 Biotech with its biomaterials have tremendous potential to transform health care, to feed the world, to address climate change, to boost jobs and prosperity with biomanufacturing.
Link: https://lnkd.in/egSx_v_K
Professeure - ESDES Lyon Business School - Université Catholique de Lyon Dr. H.D.R Sciences Économiques
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