On March 31, 2025, the European Commission launched a public consultation on the upcoming European Union Bioeconomy Strategy, which is scheduled for adoption by the end of the year.
The bioeconomy is an economic model based on the use of renewable biological resources – such as plants, wood, microorganisms, animal waste, and biological waste from industry and households – to produce food, energy, materials, and products.
The Strategy aims to enable broader use of innovation in the field of bioeconomy, to bring such innovations to market more quickly, generate green jobs, and contribute to economic growth, as stated on the European Commission’s website.
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The proposed Strategy will be aligned with key EU policies, such as the Competitiveness Compass, the Green Deal Industrial Plan, the Life Sciences Strategy, the Ocean Pact, and the Biotechnology Act.
One of the key objectives of the new Strategy will be to create a favorable framework for the development of entrepreneurship in the bioeconomy – including startups, small and medium-sized enterprises, and new business models based on renewable biological resources.
The public consultation is being conducted through the Have Your Say portal, and all interested parties have the opportunity to contribute their opinions and suggestions until June 23, 2025. In addition, stakeholders can participate in special thematic events, such as the EU Circular Economy Stakeholder Conference (April 10) and EU Green Week (June 3–5).
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