This partnership was established by a Council Regulation on 19 November 2021 and operating under the rules of Horizon Europe for the 2021-2031 period. The partnership will contribute significantly to the 2030 climate targets, paving the way for climate neutrality by 2050, and will increase the sustainability and circularity of production and consumption systems, in line with the European Green Deal.
The role of Circular Bio-based Europe is to bring together various actors from bio-based industries, ranging from farmers to scientists, to solve the technological, regulatory and market challenges of the sector. Its public-private funding scheme boosts innovation and market deployment and paves the way for future investments.
The main goals of the new European partnership are:
- Accelerate the innovation process and development of bio-based innovative solutions
- Accelerate market deployment of the existing mature and innovative bio-based solutions
- Ensure a high level of environmental performance of bio-based industrial systems
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