The European Investment Bank publishes a report on the gap in achieving the bioeconomy's sustainability goals.
Description
The European Investment Bank (EIB) has published a new publication analyzing the state of the bioeconomy in the European Union and the challenges it faces in reaching its full potential.
According to the report, the bioeconomy contributes €967 billion annually to the EU as a whole, equivalent to 8.6% of GDP and supporting 16.9% of jobs in the bloc. This activity represents an essential component of Europe's economic resilience and is closely linked to the continent's innovation, competitiveness, and sustainability agenda . Furthermore, the bioeconomy is a key element of the European Green Deal and the UN Sustainable Development Goals , supporting food security, climate adaptation, biodiversity, and the transition to a low-carbon economy.
However, the report notes that investment in the bioeconomy in Europe presents an estimated deficit of €121.8 billion annually at the European level, and up to $777 billion annually globally. To close this gap, the report examines the structural factors that generate it and proposes innovative financial mechanisms to mobilize the necessary capital.
This document represents a valuable tool for policymakers, financial institutions, companies in the agricultural, forestry, and biotechnology sectors , and all those interested in promoting a greener and more sustainable growth model.