In October 2018, the European Commission launched the updated European Bioeconomy Strategy, seeking to address the challenges of living in a world of limited resources and global challenges, such as climate change. The new strategy seeks ways of keeping Europe competitive in a global economy, while respecting the ecological boundaries of our planet and helping our societies to prosper.
On 28 February 2019, the EESC held a public meeting to gather the views of civil society on how the updated Bioeconomy Strategy can be put in to practice.
Two themes were covered:
- how to find and implement opportunities in a sustainable manner, looking to the forestry and food sectors for inspiration;
- how to overcome the obstacles of access to finance and how to stimulate markets.
Philippe Mengal, BBI JU Executive Director, participated in the panel on "Overcoming the Obstacles: Access to Finance and Stimulating Market Growth" and talked about "De-risking investments and high impact initiatives in the bio-based sector".
The European Economic and Social Committee (EESC) is committed to strengthening democracy in the European Union, and calls for the voices of civil society organisations from Member States to be heard at European level.