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09 nov 2015

13:53

Moedas and Hogan to call for more investments into the bioeconomy

Today, Commissioners Carlos Moedas, responsible for Research, Science and Innovation and Phil Hogan, responsible for Agriculture delivered keynote speeches at the Bioeconomy Forum in Brussels which addresses the need to strengthen the transition from a fossil-based to a bio-based economy in Europe.

They have highlighted the Commission's already leading global role in sustainably managing and exploiting our biological resources but pointed out that moving forward requires mobilising further investments.

First and foremost, this means strengthening Europe's research and innovation capacity and increase public private investments like those already supported through the Biobased Industries Joint Undertaking and other projects funded by Horizon 2020. Further funding opportunities to invest into the bioeconomy are also available through the European Fund for Strategic Investments and the Capital Markets Union. The Commissioners have also stressed their commitment to work across policy areas both to ensure the conditions to stimulate such investments and work closely with Member States and other relevant organisations to develop national Bioeconomy Strategies.

Click here for more information and webstreaming of the event.

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