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28th December 2018, Berkhamsted

UK’s national bioeconomy strategy published

The bioeconomy strategy consortium will now be working with partner organisations to deliver on the 15 actions set out in this strategy. Growing the bioeconomy – a new national bioeconomy strategy to 2030 has been published. Of relevance to composites is the opportunity identified: “producing smarter, cheaper materials such as bio-based plastics and composites for everyday items as part of a more circular, low-carbon economy.”

Among the actions, of particular note for composites are no.5 developing market intelligence to support evidence-based decision making in potential high value uses of existing natural resources and no.9 on the impact of bio-based procurement and standards for bio-based plastics and other bio-materials.

Richard Harrington, Parliamentary Under Secretary of State, Minister for Business and Industry, writes in the Foreword: “We live in an age of unprecedented demand on our global resources. This strategy will ensure that the UK can build a world-class bioeconomy, removing our reliance on finite fossil resources whilst increasing productivity across all our towns, cities and communities.”

“A strong and vibrant bioeconomy harnesses the power of bioscience and biotechnology, transforming the way we address challenges in food, chemicals, materials, energy and fuel production, health and the environment. The potential benefits are significant, as we develop low carbon bio-based products and processes that will improve our daily lives.”

“The UK is already benefiting from its world-class bioscience base. Working across industrial sectors and bringing together government, businesses and the research community, we will deliver an approach that is truly greater than the sum of its parts to help underpin our modern Industrial Strategy.”

“This strategy sows the seeds to grow a world-class bioeconomy, building on the UK’s strengths to develop solutions that are economically and environmentally sustainable. This will not only increase productivity but will also enable clean growth across the nation.”

The report expresses the UK government’s commitment: “Our joint strategy and action plan are a significant opportunity to differentiate the UK from the rest of Europe and other countries through distinctively supportive policy, regulation and fiscal measures. This will make the UK even more attractive as a centre for both local and foreign investment across the breadth of the bioeconomy.”

The bioeconomy strategy consortium will now be working with partner organisations to deliver on the 15 actions set out in this strategy. This will involve continued coordination across government, industry, academia and the research community and they will be looking to engage further with relevant stakeholders to make this happen.

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