EU and industry partners launch €3.7 billion investments in the renewable bio-based economy - Call for proposals

14 August 2014

EU and industry leaders have launched a new European Joint Undertaking on Bio-based Industries (BBI). Also launched was BBI’s first Call for Proposals. The aim is to trigger investments and create a competitive market for bio-based products and materials sourced locally and "Made in Europe. €3.7 billion will be injected into the European economy between 2014 and 2024. The aim is to use Europe's untapped biomass and wastes as feedstock to make fossil-free and greener everyday products. At the heart of it are advanced biorefineries and innovative technologies that will convert renewable resources into sustainable bio-based chemicals, materials and fuels (Press Release BBI, 9 July 2014).
Click here for the press release.
Click here for a press release from the European Commission.

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