BIC Backs EU Industrial Act, Flags 5 Gaps in Bio-Based Rollout
Updated
Updated · WebWire · Jun 29
BIC Backs EU Industrial Act, Flags 5 Gaps in Bio-Based Rollout
1 articles · Updated · WebWire · Jun 29
Summary
BIC told the European Commission it supports the Industrial Accelerator Act’s overall direction but sees a critical missing piece: no clear operational measures for bio-based solutions.
The industry group said the draft regulation recognizes the bioeconomy’s role in supplying sustainable biomass and bio-based industrial inputs, yet that recognition still lacks concrete support mechanisms.
Its feedback sets out five priority areas for action: strategic recognition and ecosystem development, investment and industrial scale-up, market creation, regulatory efficiency and permitting, and competitiveness with policy coherence.
The intervention feeds into the Commission’s consultation on an act designed to bolster Europe’s competitiveness and industrial resilience amid rising global pressure.