SUPPORTING THE IDENTIFICATION OF POLICY PRIORITIES AND RECOMMENDATIONS FOR DESIGNING A SUSTAINABLE TRACK TOWARDS CIRCULAR BIO-BASED SYSTEMS
The transition from linear fossil-based systems to circular and bio-based systems represents an opportunity and a suitable pathway for achieving several SDGs.
Circular bio-based systems depict a great opportunity to reconcile sustainable long-term growth with environmental protection through the prudent use of renewable resources for industrial purposes.
This needed transition is a complex process, which does not simply require innovative technologies from the supply-side, but also societal transformations based on a multi-actor process.
The circular bioeconomy meta-sector may be a good candidate to put forward a new economic model, which requires transformative policies, purposeful innovation, access to finance, risk-taking capacity as well as new and sustainable business models and markets.
A critical assessment of the environmental, social and economic impacts of the current linear fossil-based economy, as well as of the improvement potential associated with circular bio-based systems, is needed to underpin the identification of policy priorities.
SUSTRACK is a three year project aimed at supporting policymakers in their efforts to develop sustainable pathways to replace fossil and carbon-intensive systems with sustainable circular biobased systems at the EU and regional scale, contributing to achieving the European Green Deal’s objectives.
Project funded by the European Union with the number 101081823.