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Tuesday, 10 November 2015

EU Agri Commissioner calls for stronger bioeconomy

EU Commissioner Phil Hogan, responsible for Agriculture delivered the keynote speech at the Bioeconomy Forum in Brussels, which addresses the need to strengthen the transition from a fossil-based to a bio-based economy in Europe. The Commission is already leading global role in sustainably managing and exploiting biological resources but moving forward requires mobilising further investments. It was recognized that this means strengthening Europe's research and innovation capacity and increase public private investments. The Commissioner have also stressed their commitment to work across policy areas both to ensure the conditions to stimulate such investments and work closely with Member States and other relevant organisations to develop national Bioeconomy Strategies. Currently, the EU is a net importer of biofuels. The debates on moving towards a bioeonomy have however, received significant critique from NGOs and experts, relating to the negative consequences this can have on food prices in developing countries.

Source: ec.europa.eu