The increasing demands on the consumer chain, but also by the indication that by 2030 the earth’s population will increase by 40%, and the need for food and materials to double, the bell rang for the avoidance of economic deadlock.
As announced by President Juncker and First Vice President Timmers in their letter of intent accompanying President Juncker’s speech on the state of the Union in 2018, the new bioeconomic strategy is part of the Commission’s effort to promote employment, development and investment in the EU.
Its purpose is to improve and enhance the sustainable use of renewable resources in response to global and local challenges such as climate change and sustainable development.
Vice-President for Employment, Development, Investment and Competitiveness, Girky Katainen, said:
“It is now clear that we need to make a systematic change in the way we produce and consume goods, as well as waste. With the development of our bio-economy, that is, the renewable sector of the circular economy, we can find new and innovative solutions for securing food, products and energy without exhausting our planet’s limited biological resources.
In addition, the reorientation of our economy and the modernization of production models are not just about the environment and climate. It also offers great potential for new ‘green’ jobs, especially in rural and coastal areas. ”
With a view to the rapid growth of bio-economies across Europe, the Commission:
• develop a strategic agenda for the introduction of sustainable systems of agriculture and food, forestry and products of biological origin
• Establish an EU mechanism to support bioeconomic policy in EU countries under the Horizon 2020 program, with the aim of drawing up national and regional bioeconomic programs. Sustainability in the EU through the bio-economy. (source: European Environment Agency).
The bio-economy can help create 1 million new green jobs by 2030, thereby giving a different approach to the circular economy.
Covered by increasing product life spans, our society could balance its demands by not creating new ones but exploiting the existing ones.