The Council of the EU has adopted today the regulation establishing Circular Bio-based Europe Joint Undertaking (CBE JU), the successor of BBI JU. The €2 billion partnership between the European Union and the Bio-based Industries Consortium (BIC) will build on the success of BBI JU to advance competitive circular bio-based industries in Europe. CBE JU will enter into force at the end of November and take over all BBI JU activities.
Circular Bio-based Europe Joint Undertaking to be launched at the end of November
The Council of the EU has adopted today the regulation establishing Circular Bio-based Europe Joint Undertaking (CBE JU), the successor of BBI JU. The €2 billion partnership between the European Union and the Bio-based Industries Consortium (BIC) will build on the success of BBI JU to advance competitive circular bio-based industries in Europe. CBE JU will enter into force at the end of November and take over all BBI JU activities.
Circular Bio-based Europe is one of the nine European Partnerships established by the Council regulation.
What are the next steps?
CBE JU will enter into force on the day when the Council regulation is published in the Official Journal of the European Union, currently expected on 30 November 2021. The CBE JU Programme Office will also be established on this day.
The CBE JU’s founding partners - the European Commission, on behalf of the European Union, and the Bio-based Industries Consortium (BIC) - will then nominate members to the Governing Board, and the Board will convene for the first time by mid-December.
In the first and second quarter of 2022, two CBE JU’s advisory bodies - the States’ Representatives Group and the Scientific Committee - will be established, and the Strategic Research and Innovation Agenda (SRIA) adopted.
Based on the SRIA, a consultation on the first CBE JU Work Programme will start, and the Governing Board will adopt the programme in the second quarter of 2022. The first CBE JU’s call for project proposals will then open.
