European Parliament approves Circular Bio-based Europe Joint Undertaking

October 26, 2021 |

In Belgium, the European Parliament last week voted in favor of Circular Bio-based Europe Joint Undertaking (CBE JU), the successor of BBI JU, by adopting a legislative proposal on the establishment of joint undertakings for the 2021-2027 period. The Council of the EU is expected to adopt the proposal by the end of November, leading to the launch of CBE JU before the end of the year.

The new partnership between the EU, represented by the European Commission, and the Bio-based Industries Consortium (BIC) will build on the successes of the BBI JU while stepping up its contribution to the EU’s climate targets, in line with the European Green Deal. It will continue fostering collaboration between the scientific community and industry, to scale up technologies leading to industrial deployment, and to de-risk investments, thus attracting funding and creating jobs across European regions.

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