
The bioeconomy encompasses biomass production, the conversion of biomass into food, materials, and products, as well as the production of bioenergy. It is essential for the EU to reach its climate and energy goals by 2030 and climate neutrality by 2050, while combating biodiversity loss and pollution.
The Strategy for a Competitive and Sustainable EU Bioeconomy aims to take full advantage of the biotechnology revolution. It follows the 2012 bioeconomy strategy and its 2018 update, which have achieved significant progress in research and innovation.
The bioeconomy has the potential to advance the EU’s environmental goals, developing a circular economy without damaging nature. This strategy for economic growth will be aligned with the Competitiveness Compass, the Clean Industrial Deal, and the Vision for Agriculture and Food.
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It also adopted rules to implement the EU-wide voluntary certification framework for carbon removal and carbon farming.

The initiative aims to increase innovation and support European companies in making a success of the green transition.

The 2025 European Business and Nature Summit (EBNS) in Helsinki will bring together Europe's business and financial sectors with a common goal of fostering profitable and sustainable business practices that work in harmony with nature.


