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.
PROJECT OBJECTIVES
SUSTRACK project will support policy makers and industries in their efforts to develop sustainable pathways to replace fossil-based, carbon-intensive systems with circular, bio-based systems by:
To provide knowledge and tools for monitoring and assessing the environmental, social and economic impacts of the linear, fossil-intensive economy and a circular, bio-based economy and its transition
To identify priorities and define actions to support policy makers in their efforts to promote the sustainable transition, in consideration of EU, regional and cross-territorial value chains
METHODOLOGY
SUSTRACK will be a multi-disciplinary, collaborative project. Accordingly, it will be based on a participatory approach, involving diverse experts and stakeholders. The overall objective will be to support policy makers in their efforts to develop sustainable pathways to replace fossil-based and carbon-intensive systems with circular, bio-based systems at EU and regional scales.
