Today, biosolutions are regulated by various regulatory regimes in the EU. These sets of rules have one thing in common: they are not designed with biosolutions in mind.
When it comes to sustainable food systems, biodiversity, environment, and especially climate change, the world is at a crossroads; If Europe is to meet its green goals defined in strategies Fit for 55 and Farm to Fork, if the European Green Deal is to fulfil its promise and if Europe addresses globally relevant challenges, e.g., in the context of food and feed scarceness, biosolutions must be an integral part of Europe’s strategy for a sustainable future.
Various regulatory regimes in the EU currently regulate biosolutions, but unfortunately, they are designed with other things in mind. For example, industrial biosolutions are subject to regulations aimed at regulating fossil-based substances and foods, which results in outdated regulatory regiments that do not support innovative biosolutions and the acceleration of the green transition. But the role of bio-based industries and biosolutions are not recognized properly in the legislation.
The lengthy approval process for biosolutions in Europe poses significant challenges. In the EU, it can take up to 6-8 years to get a product approved, three time as long as it does in the US. This prolonged timeline delays the introduction of innovative and potentially life-changing solutions to the market, impeding progress in addressing critical environmental and health issues, stifles the competitiveness of European companies and ultimately slows down our ability to remain as an innovative, green and competitive leader.
If this trend continues, the EU will be remembered as the place where key enabling technologies were born, but grown and scaled elsewhere.