Circular Bio-based Europe Joint Undertaking is officially launched


Type of post: NEWS IN BRIEF.

Great news! Circular Bio-based Europe Joint Undertaking (CBE JU) has been launched yesterday to advance a competitive bioeconomy for the next ten years.
Press release: “Welcome to the Circular Bio-based Europe Community”, 30/11/2021.

Figure 1. Circular Bio-based Europe Joint Undertaking is officially launched

CBE JU, the new 2,000 M€ partnership between the European Union and the Bio-based Industries Consortium (BIC) is building on the success of its predecessor BBI JU. CBE JU is operating under the rules of Horizon Europe, the EU’s research and innovation programme, for the 2021-2031 period.

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.

Circular bio-based industries are considered a key enabler of the green transition towards a resilient, competitive and environmentally sustainable EU economy. The work of CBE JU will contribute to the EU’s climate neutrality goal by 2050 and will support the implementation of EU policies working towards this objective. The initiative also underscores the political importance of the bioeconomy in advancing Europe’s competitive edge.

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