{"id":37812,"date":"2016-10-05T07:26:11","date_gmt":"2016-10-05T05:26:11","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=37812"},"modified":"2016-10-01T12:41:47","modified_gmt":"2016-10-01T10:41:47","slug":"europabio-new-study-shows-industrial-biotech-set-to-drive-jobs-and-growth-creation-in-the-eu","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/europabio-new-study-shows-industrial-biotech-set-to-drive-jobs-and-growth-creation-in-the-eu\/","title":{"rendered":"EuropaBio: New study shows industrial biotech set to drive jobs and growth creation in the EU"},"content":{"rendered":"

Industrial Biotech contributes over \u20ac30 billion to the EU economy and around 500 000 jobs. These are the findings of a new study, launched today in the European Parliament by EuropaBio, as part of a series of activities across Europe celebrating European Biotech Week<\/a>.<\/strong><\/p>\n

Commenting on the report, Stephan Tanda, Chair of EuropaBio\u2019s Industrial Biotech Council and Managing Board member of Royal DSM said \u201cIndustrial biotech is one of the EU\u2019s technological strengths. A very potent technology, able to solve societal needs and contribute to the transition toward the sustainable use of renewable raw materials and the reduction of required raw materials, energy and waste. Not surprisingly, these figures for jobs and growth are just the beginning and they are expected to grow to between 900 000-1.5 million jobs with an accompanying economic contribution of up to almost \u20ac100 billion by 2030\u2019.<\/p>\n

Industrial Biotech is an enabling technology, driving the transition towards a circular bioeconomy through the use of smart science to develop microorganisms and enzymes which produce a wide variety of renewable, bio-based chemicals, materials, pharmaceuticals, food, feed and fuels.\u00a0 At the heart of the bioeconomy is the biorefinery where industrial biotech converts renewable raw materials, such as agriculture and forestry residues, into these essential, every day products. Unlike a linear, fossil-carbon based economy, involving the extraction and use of coal, oil or gas and the eventual emission, at end of life, of more CO2<\/sub> into the atmosphere, a circular bioeconomy is reliant on renewable carbon harvested from the EUs farms and forests, and numerous other sources, including materials previously considered as \u2018wastes\u2019.\u00a0 This explains, in part, the high job \u2018multiplier\u2019 effect of industrial biotech on job creation.<\/p>\n

\u2018Our study shows that for every 1 job created in industrial biotech 4 more jobs are created elsewhere in the economy\u2019 added EuropaBio\u2019s Industrial Biotech Director, Joanna Dupont-Inglis. \u2018Industrial biotech is increasingly revitalising rural, coastal and de-industrialised areas of Europe by adding value to EU-grown renewable raw materials, which creates new jobs and attracts investment. In a post-Paris COP21 world, where the EU is seeking technologies that will not only stimulate economic recovery but will also deliver benefits for consumers, the environment and the climate, industrial biotech is delivering on all levels.\u2019<\/p>\n

 <\/p>\n

Link to report<\/h3>\n

Jobs & growth generated by Industrial Biotechnology <\/a>(full version)<\/p>\n

 <\/p>\n

About EuropaBio<\/h3>\n

EuropaBio, the European Association for Bioindustries, promotes an innovative and dynamic European biotechnology industry. EuropaBio and its members are committed to the socially responsible use of biotechnology to improve quality of life, to prevent, diagnose, treat and cure diseases, to improve the quality and quantity of food and feedstuffs and to move towards a bio-based and zero-waste economy. EuropaBio represents 77 corporate and associate members and bio regions, and 16 national biotechnology associations in turn representing over 1800 biotech SMEs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Industrial Biotech contributes over \u20ac30 billion to the EU economy and around 500 000 jobs. These are the findings of a new study, launched today in the European Parliament by EuropaBio, as part of a series of activities across Europe celebrating European Biotech Week. Commenting on the report, Stephan Tanda, Chair of EuropaBio\u2019s Industrial Biotech […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[5838,5796],"supplier":[12205,1829,4514,5585],"class_list":["post-37812","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioeconomy","tag-biotechnology","supplier-dsm","supplier-europabio","supplier-european-parliament","supplier-european-union"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/37812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=37812"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/37812\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=37812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=37812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=37812"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=37812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}