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Bioeconomy & European Green Deal

The bioeconomy contributes to the goals of the Green Deal. The European Green Deal is a package of policy initiatives, which aims to set the EU on the path to a green transition, with the ultimate goal of reaching climate neutrality by 2050.

Launched in 2019, the Green Deal is Europe’s new growth strategy that aims to transform the EU into a modern, resource-efficient and competitive economy, where

  • there are no net emissions of greenhouse gases by 2050
  • economic growth is decoupled from resource use
  • no person and no place is left behind.

In order to achieve these goals it spans many policy area including biodiversity, from farm to fork, sustainable agriculture, eliminating pollution, climate action and sustainable industry.

Bioeconomy contributes to the European Green Deal. The European Commission leads global bioeconomy initiatives, such as the International Bioeconomy Forum, and promotes the role of research and innovation as a key enabler in the global green transition.

Eco-Construction Pilot

The eco-construction pilot focuses on integrating sustainable building materials and techniques into the construction industry. This initiative directly supports the European Green Deal’s ambitions for a climate-neutral Europe by 2050, emphasizing the reduction of the construction sector’s carbon footprint and the promotion of bio-based materials, thus contributing significantly to the bioeconomy sector’s growth.

Digital (Sustainable) Energy Pilot

This pilot leverages digital technologies to enhance energy efficiency and incorporate renewable energy sources in regional energy systems. It aligns with the European Green Deal’s objective of decarbonizing the energy sector, promoting smart energy systems and fostering the integration of digital solutions in energy management, reflecting the bioeconomy’s principles of sustainability and innovation.

Regenerative Farming Pilot

Focusing on sustainable agricultural practices, this pilot aims to improve soil health, biodiversity, and ecosystem services. It supports the bioeconomy by promoting the use of bio-based fertilizers and sustainable farming techniques. The pilot contributes to the Green Deal’s “Farm to Fork” strategy, aiming to make food systems fair, healthy, and environmentally friendly.

Renewable Gases Pilot

This pilot explores the production and utilization of renewable gases, such as biogas and hydrogen, as clean energy sources. It supports the transition to a circular economy by valorizing organic waste and residues, in line with the bioeconomy’s goal to create value from renewable biological resources. The pilot aligns with the European Green Deal’s objective to reduce greenhouse gas emissions and increase the use of renewable energy sources.

Each pilot within the GREET CE project is intricately designed to support the bioeconomy and the European Green Deal by focusing on sustainability, circularity, and innovation. By addressing key sectors such as construction, energy, agriculture, and waste management, the project contributes to the transition towards a more sustainable and resilient economy. The pilots not only aim to demonstrate the feasibility of innovative solutions but also to create scalable models that can be replicated across Europe, thus accelerating the bioeconomy’s growth and supporting the EU’s ambitious environmental and climate goals.

In conclusion, the GREET CE project, through its diverse pilot activities, embodies the principles of the bioeconomy and the European Green Deal, showcasing the potential for regional innovation to drive sustainable development and environmental stewardship across Europe.

Business and social innovation

Green Transition crowdfunding (crowdlending) and energy efficiency project bundling

The GREET CE project introduces an innovative approach to financing the Green Transition: crowdfunding, specifically crowdlending, alongside energy efficiency project bundling. This initiative is a cornerstone of our efforts to drive environmental sustainability and energy efficiency across Central Europe, leveraging the collective power of individuals and organizations to support impactful projects.

Crowdfunding for the Green Transition

Crowdfunding, particularly crowdlending, offers a unique opportunity for the public to invest directly in the transition to a more sustainable and energy-efficient future. By participating in crowdlending, individuals and organizations can provide loans to projects that focus on renewable energy, bioeconomy, and eco-construction, among others, receiving their investment back with interest over time. This approach democratizes the funding process, allowing anyone to contribute to the Green Transition and benefit from its progress.

Bundling Energy Efficiency Projects

Recognizing the challenges that individual energy efficiency projects may face in attracting sufficient funding, our strategy includes bundling these projects. This method aggregates multiple smaller projects into larger packages, making them more attractive to investors by diversifying risk and increasing the potential for impact. Project bundling amplifies the reach and effectiveness of investments, accelerating the implementation of energy-efficient solutions across the region.

A Dual Approach to Sustainable Development

Combining green crowdlending with energy efficiency project bundling, this activity aligns with the European Green Deal’s goals, supporting the EU’s ambition for a climate-neutral continent by 2050. It not only facilitates the flow of funds towards sustainable projects but also fosters community engagement and awareness about the importance of the Green Transition.

Through this innovative financing model, the GREET CE project is setting new standards for investment in sustainability, inviting everyone to play an active role in shaping a greener, more resilient future. Join us in this transformative journey, where your investment can contribute to a sustainable legacy for generations to come.

Multidisciplinary approach for smart specialisation

Using a multidisciplinary approach for smart specialisation, Greet CE will increase the capacity of regional innovation ecosystems, especially SMEs in certain less developed Central European regions and in an outermost region of Portugal. 8 consortium members from 7 regions of 6 Central and Southern European member states will advance the practical ability of regions to anchor their future development on their specific competitive strengths (assets and resources) and key socio-economic challenges.

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