In January 2025, the Commission presented the Competitiveness Compass , a new roadmap to restore Europe’s dynamism and boost economic growth. Based on the Draghi report , the Compass highlights the role that the upcoming EU Bioeconomy Strategy and Biotech Act will play: the first will enable a significant development of bio-based materials, biomanufacturing, biochemicals, and agri-biotech sectors, reducing strategic dependencies and giving opportunities to rural areas; the second will drive innovation and leverage the potential that biotechnologies can bring to our economy.  

The  Clean Industrial Deal  followed the Compass, mobilising 100 billons € in different areas that are fundamental to accelerate the decarbonisation of European industries. The plan aims at lowering energy prices, creating quality jobs and the right conditions for companies to thrive, including mandating the use of new raw material sources like recycled and bio-based materials and laying down priorities for manufacturing and using biomaterials, and for retaining them as long as possible in the economy.  

https://commission.europa.eu/priorities-2024-2029/competitiveness_en