The EU Bioeconomy Strategy sets the framework for a competitive, sustainable and circular bioeconomy in Europe. It aims to strengthen the use of renewable resources, reduce dependence on fossil raw materials and support climate neutrality, while boosting economic growth and jobs across EU regions.
For the forest-based industries, the bioeconomy is a cornerstone of Europe’s green transition. Sustainably managed forests and renewable forest-based products play a key role in replacing fossil-based materials and products, storing carbon and developing innovative, high value-added solutions e.g. for packaging, construction, textiles, chemicals and energy.
Finnish Forest Industries follows the development and implementation of the EU Bioeconomy Strategy closely and engages actively in EU-level policy discussions. Our objective is to ensure that the strategy creates enabling conditions for investment, innovation and international competitiveness, while recognising the central role of forests and forest-based industries in a sustainable European bioeconomy.
This page provides an overview of key EU legislation affecting bioeconomy, as well as ongoing and forthcoming regulatory initiatives and other topical EU-level issues related to bioeconomy and bio-based products. Especially Biotech Act 2 but also Circular Economy Act are key in concretising the EU Bioeconomy in addition to the more specific product legislation.