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EU needs more from bioeconomy
The bioeconomy is essential for Europe’s competitiveness and resilience. To fully harness its potential, the EU must invest in research across the entire bioeconomy value chain. The Natural Resources Institute Finland (Luke) provides science-based insights to support decision-making and sustainable growth.
What's New
Take a look at our latest position paper 'Europe's competitiveness compass points to the biosociety'. EU's aim for open strategic autonomy and a strong bioeconomy calls for ambitious science and maximising the value of sustainably sourced bio-based raw materials in all value chains. Achieving this will strengthen both the EU’s competitiveness and its comprehensive security.
Luke Position Paper: Europe's competitiveness compass points to the biosociety(https://www.luke.fi/en/publications/europes-competitiveness-compass-points-to-the-biosociety)
Why does the EU need a strong bioeconomy?
To foster growth and competitiveness
Globally, there is a growing demand for bio-based alternatives in various industries. A thriving bioeconomy is key to maintaining the EU's industrial leadership, enabling decarbonisation and global competitiveness.
To close the innovation gap
There is significant potential for innovation and growth in bio-based, value-added products and solutions. Many of these innovative solutions are based on Europe's forest resources.
To increase security of supply
The bioeconomy can reduce the EU's dependence on imported fossil raw materials while increasing bio-based self-sufficiency, strengthening the EU's security of supply. This requires that managed fields and forests remain productive and healthy.
To promote circular and sustainable production
By using renewable resources, minimising waste and improving resource efficiency, the bioeconomy offers long-term solutions to climate change and biodiversity loss.
Learn more in our position paper: EU needs more from bioeconomy(https://www.luke.fi/en/publications/eu-needs-more-from-bioeconomy)
Competitive sustainability from forest-based bioeconomy
From the boreal perspective, the forest-based bioeconomy in particular offers many opportunities for increased competitiveness and growth. A sustainable forest-based bioeconomy is essential for driving the green transition. It provides bio-based products and energy, addressing the dual challenge of biodiversity preservation and climate change mitigation.
Read more about our views on sustainable forest bioeconomy