EU adopts new Bioeconomy Strategy
The European Commission has adopted a new Strategic Framework for a Competitive and Sustainable EU Bioeconomy to strengthen Europe’s industrial base, reduce fossil fuel dependence, and build a circular, decarbonised economy, according to the European Commission. The bioeconomy already generates Euro 2.7 trillion in value and provides 17.1 million jobs, accounting for about 8% of EU employment. Every direct job in the bioeconomy supports three additional jobs in the EU, according to the European Commission. The new Strategy seeks to expand this contribution by scaling up innovation and investments ...
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