In Brussels, the EU published its strategy and action plan for a sustainable bioeconomy in Europe, called "Innovating for Sustainable Growth: a Bioeconomy for Europe".

The goal is a more innovative and low-emissions economy, reconciling demands for sustainable agriculture and fisheries, food security, and the sustainable use of renewable biological resources for industrial purposes, while ensuring biodiversity and environmental protection.
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The plan therefore focuses on three key aspects: developing new technologies and processes for the bioeconomy; developing markets and competitiveness in bioeconomy sectors; and pushing policymakers and stakeholders to work more closely together.

In its action plan, the EU noted that the European bioeconomy has reached an annual revenues of €2 trillion and employs more than 22 million people in food, agriculture, forestry, fishing and bio-based industry.

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