Summary
The upcoming initiative of Biotech Act II. must go beyond biotech and biomanufacturing and addresses the whole bioeconomy. Extending the scope to a wider range of sectors and all technologies contributing to biomass conversions would fully enable innovation and investment opportunities in a field where the EU can still be a leader in the world market. The upcoming initiative of Biotech Act II goes beyond biotech and biomanufacturing and addresses the whole bioeconomy. Extending the scope to a wider range of sectors and all technologies contributing to biomass conversions would fully enable innovation and investment opportunities in a field where the EU can still be a leader in the world market. This paper brings together the previous position paper on bioeconomy and the positon paper on biotechnology and biomanufacturing.
Key takeaways
- Present a coherent and cross-sectoral regulatory instrument on bioeconomy;
- Put forward market pull measures and incentives;
- Secure the availability and sustainability of feedstock.