Leveraging the full potential of bio-based industry will play a fundamental role in mitigating climate change. We can replace many of the fossil-based products we use in our daily lives with bio-based alternatives The bio-based products cause lower CO2 emissions and help us to reduce our carbon footprint, which is critical to meet the climate change targets.  Bio-based products can also have improved functionalities and better recyclability.
Bio-based industry is, however, only one part of the equation in tackling climate change.  We cannot replace all fossils with a bio. Radical improvement of overall resource efficiency by minimising waste and maximising the value of both fossil-intensive and bio-based materials will be key to a sustainable future. To succeed, we need to accelerate the pace and work together across industries to collaborate on the next big leaps in innovation, design and implementation of circular solutions.