The objectives of the Bio-Based Industries (BBI) Joint Undertaking are to contribute to a more resource efficient and sustainable low-carbon economy and to increasing economic growth and employment, in particular in rural areas, by developing sustainable and competitive bio-based industries in Europe, based on advanced biorefineries that source their biomass sustainably and in particular to: Demonstrate technologies that enable new chemical building blocks, new materials, and new consumer products from European biomass, which replace the need for fossil-based inputs; Develop business models that integrate economic actors along the value chain from supply of biomass to biorefinery plants to consumers of bio-based materials, chemicals and fuels, including through creating new cross-sector interconnections and supporting cross-industry clusters; and Set-up flagship biorefinery plants that deploy the technologies and business models for bio-based materials, chemicals and fuels and demonstrate cost and performance improvements to levels that are competitive with fossil-based alternatives.
Focus
• Feedstock: foster a sustainable biomass supply with increased productivity and building new supply chains
• Biorefineries: optimise efficient processing through R&D and demonstrate their efficiency and economic viability at large-scale demo/flagship biorefineries
• Markets, products and policies: develop markets for bio-based products and optimise policy frameworks
Benefits for Europe
•Develop the potential of waste as well as agriculture and forestry residues.
•Diversify and grow farmers’ incomes: up to 40% additional margins with existing residues.
•Replace at least 30% of oil-based chemicals and materials with bio-based and biodegradable ones by 2030.
•Create a competitive bio-based infrastructure in Europe, boosting job creation, 80% of which will be in rural and underdeveloped areas.
•Deliver bio-based products that are comparable and/or superior to fossil-based products in terms of price, performance, availability and environmental benefits.
•The new bio-based products resulting from the BBI will on average reduce CO2 emissions by at least 50% compared to their fossil alternatives.
See more at: http://www.bbi-europe.eu