TAGS: Natural/ Organic
The Bio-based Industries Consortium (BIC) has partnered with the European Committee of Regions (CoR) to develop a new partnering platform to connect the bio-based industries and European regions.
Platform to Stimulate Bio-based Investments
“The BIC platform can accelerate the green recovery in Europe’s rural and regional areas by supporting regions in realizing their smart specialization strategies,” said Dirk Carrez, BIC executive director, announcing the platform’s launch.
The platform enables the bio-based industry and regions to make contact based on common needs, such as an industry’s objective to valorize a bio-based feedstock and its availability in a specific region. By better aligning industrial and regional bio-based investment priorities, the platform seeks to stimulate new bio-based investments and create new, local value chains.
Through BIC’s partnership with the CoR and other regional organizations, around 50 European regions currently participate in the platform, representing a broad geographical diversity of regions from the north, south, west and the east of Europe. The platform remains open to additional regions to join in the future.
Initiative for a Sustainable and Circular Bioeconomy
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BIC's new platform is an essential tool in connecting regions with new industrial partners: a sustainable bioeconomy is the green beating heart of the circular economy, a key building block of the European Green Deal, and the activities have to be anchored firmly at regional and local level to foster innovation and optimize the use of biomass,” emphasized, Apostolos Tzitzikostas, president of the CoR.
A sustainable and circular bioeconomy contributes to addressing global challenges like climate change, and land and ecosystem degradation. CoR remains committed to support the successful implementation, also for the health of the communities.
The interactive platform enables the bio-based industry and regions to identify and contact ideal partner for bio-based projects and investments, based on the mutual needs and priorities. At the same time, the bio-based industries can specify their investment objectives, target market sectors, bio-based feedstocks to valorize, etc.
The new platform also makes strides in advancing the EU’s ambitions on regional and rural development. The realization is also just a first step in BIC’s ongoing efforts to increase regions’ bio-based activities and participation in the European bioeconomy.
Source: The Bio-based Industries Consortium