Shaping the future of the European bio-based sector

FOR IMMEDIATE RELEASE
 

BRUSSELS, 17 November 2023 – The Circular Bio-based Europe Joint Undertaking (CBE JU), a €2 billion partnership between the European Union and the Bio-based Industries Consortium (BIC), announces the highly anticipated Stakeholder Forum 2023, scheduled to take place on 6-7 December, at the central and contemporary Egg venue in Brussels. 

About the event: The theme for this event is “What next for the European bio-based sector?” where 500+ industry leaders, policymakers, researchers, and bioeconomy stakeholders will converge for a two-day exploration of the future of the circular bio-based economy in Europe. The forum will present its major progress in supporting competitive circular bio-based industries across Europe and will address three critical questions:

  1. How to stimulate demand for circular bio-based solutions?
  2. How to facilitate access to finance to scale up circular bio-based production in Europe?
  3. What research and innovation (R&I) is needed to maintain European leadership in the bio-based sector in the medium-long term?

Participants will engage on these topics across nine forum sessions and several workshops. Additionally, an exhibition showcasing 30+ innovative bio-based solutions developed by CBE JU-funded projects will run throughout the event. 

 

Key highlights

  • Over 60 industry leaders, policymakers, and leading researchers will discuss the challenges and opportunities of the sector in the context of Europe’s sustainability goals during plenary and parallel sessions.
  • The event will feature an exhibition of ground-breaking bio-based solutions developed through CBE JU funding.
  • The full programme, including speakers and sessions, is available on the event website.

CBE JU’s impact on the bio-based economy: The CBE JU has played a pivotal role in advancing the circular bio-based economy in Europe, contributing to sustainable industrial modernisation and decarbonisation. Noteworthy achievements include funding 16 innovative industrial-scale biorefineries across Europe, stimulating economic growth in the regions, and supporting small and medium-sized enterprises (SMEs), among other beneficiaries. The public-private partnership model of CBE JU has successfully leveraged investments, with each euro of public funding generating €2.80 in private investment.

Strengthening local economies: CBE JU-funded projects, such as SCALE and PLENITUDE, exemplify efforts to reduce strategic imports, create local supply chains, and revitalise rural economies. By working with local farmers and communities, CBE JU-funded projects contribute to the sustainable use of biomass, diversify income streams for primary producers, and create highly skilled green jobs. Take a look at CBE JU-funded project stories to find out about their contribution to the EU’s sustainable growth, ranging from producing plant-based protein to revolutionising sustainable textile production, to transforming urban waste into new bio-based products.

Supporting the European Green Deal: CBE JU activities align with the European Green Deal objectives, driving the transition to a low-carbon economy through a sustainable and circular bioeconomy based on renewable resources. CBE JU-funded projects have a significant waste reduction impact and the transition from fossil-based resources, aligning with Europe’s commitment to becoming the world’s first climate-neutral continent by 2050.

Nicoló Giacomuzzi-Moore, CBE JU Acting Executive Director commented:

‘This first CBE JU Stakeholder Forum will be an important meeting and exchange space for the bioeconomy community, to take stock of what has already been achieved and discuss the future of the European bio-based sector. This constantly growing sector has relentlessly demonstrated the contributions it is making to key European sustainability objectives such as reduction in CO2 emissions, greening industrial processes, waste reduction, circular economy, strategic autonomy, job creation, revitalising rural economies, to name but a few. During the two forum days, we will follow the perspective of our stakeholders, listen to the challenges they are facing, and together highlight the opportunities and needs of the sector for the years to come. Now is the time to discuss as a community how we can realise the full potential of the European bioeconomy and what is needed to achieve it.’

 

Background information


Registration details:
Registration for the CBE JU Stakeholder Forum 2023 is free and compulsory. Secure your seat by registering early, with the deadline set for 1 December. Visit this link to register.

Join the conversation: Follow the event updates and join the conversation on social media using #CBESF23.

Contact details: For further information or interviews, please contact:  Elina Zicmane – CBE JU Communications Officer – press@cbe.europa.eu; +32 4 70 89 42 01

 

About CBE JU: Circular Bio-based Europe Joint Undertaking

The Circular Bio-based Europe Joint Undertaking (CBE JU) is a €2 billion partnership between the European Union and the Bio-based Industries Consortium (BIC) that funds projects advancing competitive circular bio-based industries in Europe.

CBE JU is operating under the rules of Horizon Europe, the EU’s research and innovation programme, for the 2021-2031 period. The partnership is building on the success of its predecessor, the Bio-based Industries Joint Undertaking (BBI JU), while addressing the current challenges facing the industry.  The current concrete projects supported by CBE JU can be consulted on: https://www.cbe.europa.eu/projects

 

Related links:

Images and other resources: https://cbesf23.eu/media/

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