European Commission wants to cultivate a new crop of bioeconomy investors
Announced on 10 March, the platform aims to close persistent financing gaps and help scale up innovative biobased industries across the Union.
The move also builds on the recently adopted Strategic Framework for a Competitive and Sustainable EU Bioeconomy, which outlines the economic and environmental potential of Europe’s biobased transition. It also responds to findings from the European Investment Bank’s report Scaling up Europe’s biobased industries, which identifies significant investment opportunities but highlights ongoing challenges in securing financing—particularly for demonstration plants and first‑of‑a‑kind industrial facilities that often struggle to attract capital due to higher perceived risks.
The Deployment Group will convene the European Commission, the European Investment Bank Group, national promotional banks, private financial institutions, and selected investors to mobilize coordinated investment, strengthen the pipeline of bankable biobased projects, and improve access to financing tools such as blended finance and risk‑sharing mechanisms.
Stakeholders involved in financing or promoting investment in biobased industries and related value chains are invited to express interest in participating in a scoping meeting scheduled for 22 April in Brussels.
Category: Chemicals & Materials
