Swift implementation of EU biotech and biomanufacturing initiative is key to strengthen EU competitiveness and accelerate defossilisation (PDF)
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The Renewable Carbon Initiative’s position paper emphasizes that the EU must swiftly implement its biotechnology and biomanufacturing initiative to accelerate the shift from fossil carbon to renewable sources and boost competitiveness. The Renewable Carbon Initiative (RCI) highlights three key actions:
1.) Align with Circular Economy Policies: Ensure consistency across EU initiatives to promote renewable carbon from biomass, recycling, and CCU.
2.) Boost Market Demand: Address the lack of demand for renewable feedstocks by implementing policies to make fossil alternatives less competitive.
3.) Enable Fossil-to-Renewable Transition: Repurposing current fossil-based manufacturing to use renewable feedstocks. Clear sustainability criteria, access to various biomass sources, and broader definitions of biomanufacturing processes are essential to achieving this transition.
These actions are vital for achieving net-zero goals and strengthening EU industry.