BBI JU Promotes Its Bio-Based Project Achievements via Launch of New Publication
by Liz Gyekye (BioMarket Insights) … BBI JU (Bio-Based Industries Joint Undertaking) has launched a new publication entitled ‘BBI JU: a high-impact initiative for green recovery of Europe’.
The booklet highlights the environmental, socio-economic and technological impacts of the initiative supported by facts and figures. BBI JU is a €3.7 billion institutional public-private partnership between the European Union and the Bio-based Industries Consortium (BIC) that invests in research and innovation aimed at developing a sustainable European bio-based industry.
According to BBIJU (@BBI2020), since its inception in 2014, the initiative has contributed to the development and structuration of the bio-based industry sector in Europe. Through 123 projects funded by BBI JU, 924 beneficiaries from 37 EU Member States and Associated Countries are laying the foundations for a green recovery of Europe, it claimed.
With funding worth €706 million, the vast majority of BBI JU projects are developing new sustainable bio-based chemicals, materials and products with a lower environmental impact than their fossil-based alternatives.
By using mostly organic waste and sidestreams from agro-food industry and forestry, leveraging investments and creating jobs in rural areas, these projects are paving the way for a truly circular economy in Europe. READ MORE
Put ‘Green Deal’ at heart of EU recovery, MEPs urge (BioMarket Insights)