A new coalition of forward-looking businesses and senior leaders will drive change across the bio-economy value chain.
BioAdvantage Europe aims to show a path to sustainable, high-quality growth and decarbonisation of our society.
The bio-economy has a vital role to play in creating low-carbon growth and permanent jobs in Europe. But progress has stalled because the sustainability impact of biofuels is contested and trust is low. To move beyond this impasse, a new approach that drives systems-level action by focusing on the bio-economy as a whole is needed.
Acting alone is not an option when developing a resilient, thriving bio-economy. Scania is working in partnership with other companies across sectors, who share the vision for a thriving and sustainable bio-economy in Europe.
Full potential for biofuels
2018 Scania launched a collaboration with Xynteo, a cross-industry platform for connecting ideas, to explore the full potential for biofuels and the broader bio-economy in Europe.
‘Sustainable biofuels are the only technology that can enable us to make cuts in emissions quickly enough, here and now, in vehicles that are on the road. And we are simply not doing enough in Europe to fulfil the opportunity that biofuels offer,’ Scania’s CEO Henrik Henriksson said.
Over the past year, Scania has worked together with companies like Avril, Lantmännen, Novozymes, Neste and Yara, to identify opportunities for unleashing growth in the bio-economy in Europe. The project has engaged experts, business leaders and stakeholders across different sectors of the bio-economy, to map growth opportunities and identify barriers to its development.
‘What differentiates our initiative is that it is driven bottom-up by the private sector and takes a comprehensive end-to-end perspective of the bio-economy says Åsa Pettersson, Scania’s Head of Public Affairs & Sustainability. ‘It provides a platform to create pilot projects showing the value of the bio-economy and is policy-focused for immediate impact on Europe’s economy.’
The partners in the BioAdvantage Europe coalition will be working together to build awareness and understanding of the bio-economy. They will provide clear and credible guidance to policymakers on social, sustainability and carbon implications of bio-economy policy decisions and explain the benefits of the bio-economy for decarbonisation, rural growth, jobs, innovation and society.
‘Time is short, and the bio-economy can make an impact now so we can contribute to limiting global warming to 1.5 degrees as in the Paris agreement. EU emissions from the energy and transport sectors need to halve from 2020 to 2030. The bio-economy can rapidly decarbonise industries at scale in the crucial period before 2030 when electrification can first be expected to make a substantial impact,’ Åsa Pettersson says.
Sustainable biofuels can deliver rapid and significant decarbonisation in road transport, in the crucial period before 2030, when electrification can first be expected to make a substantial impact. It will be needed for that and in other hard-to-abate sectors such as shipping and aviation, as well as heavy industry, for decades to come.
A wider potential
But an innovative bio-economy sector can also make a significant contribution in other areas, according to the coalition:
- Economic growth with one million new green jobs could be created in the bio-based industries by 2030.
- Sustainable land use can deliver climate change mitigation and improve soil quality, food security and biodiversity.
- Making productive use of bio-based waste streams and locally-grown feedstocks will create economic and environmental benefits, including reduced landfill, waste-to-energy solutions, returning nutrients to the soil and less dependence on fossil fuels.
Learn more about the BioAdvantage Europe coalition at the website www.bioadvantage.eu.