The European commission is investing €100 million (£88 million) into scaling up bio-based sectors and improving innovation as part of a strategy to improve Europe’s sustainability and enhance its bioeconomy.
The action plan is necessary, the commission says, to provide Europe with food, clean water and energy without damaging the environment and climate or using up finite biological resources. It believes that driving forward the bioeconomy – which includes sectors such as food, agriculture and forestry – will also boost growth and investment, with the potential to provide 1 million more green jobs in just over 20 years. However, it acknowledges that this will require industry and public authorities to make a concerted effort. Continue reading “Europe to invest €100 million to boost bioeconomy”