The transition from linear fossil-based systems to circular and bio-based systems represents an opportunity and a suitable pathway for achieving several SDGs. Circular bio-based systems depict a great opportunity to reconcile sustainable long-term growth with environmental protection through the prudent use of renewable resources for industrial purposes. This needed transition is a complex process, which does not simply require innovative technologies from the supply-side, but also societal transformations based on a multi-actor process. The circular bioeconomy meta-sector may be a good candidate to put forward a new economic model, which requires transformative policies, purposeful innovation, access to finance, risk-taking capacity as well as new and sustainable business models and markets. A critical assessment of the environmental, social and economic impacts of the current linear fossil-based economy, as well as of the improvement potential associated with circular bio-based systems, is needed to underpin the identification of policy priorities.
SUSTRACK is a three year project aimed at supporting policymakers in their efforts to develop sustainable pathways to replace fossil and carbon-intensive systems with sustainable circular biobased systems at the EU and regional scale, contributing to achieving the European Green Deal’s objectives.