The European Commission has adopted a new Strategic Framework for a Competitive and Sustainable EU Bioeconomy to strengthen Europe’s industrial base, reduce fossil fuel dependence, and build a circular, decarbonised economy, according to the European Commission. …The new Strategy seeks to expand this contribution by scaling up innovation and investments, developing lead markets for bio-based materials, and ensuring a sustainable supply of biomass. The Commission will establish a Bioeconomy Investment Deployment Group to mobilise private capital and create a pipeline of viable projects. It will also work to simplify EU regulatory frameworks to accelerate the approval of sustainable bio-based products, particularly for small and medium-sized enterprises. …The Strategy emphasises sustainable biomass sourcing within ecological limits. It includes incentives for farmers and foresters who protect soils, enhance carbon sinks, and promote the use of secondary biomass such as agricultural residues and organic waste.