New Circular Economy Package adopted by the European Commission
On 2 December 2016, the European Commission presented a new Circular Economy Package to foster sustainable economic growth and support the development of re-use and recycling strategies within the EU.
To support the shift towards a Circular Economy in Europe, the Commission offers to dedicate a budget of €650 million in the Horizon 2020 programme and 5.5€ billion under the structural funds to waste reduction. Additionally, the newly designed Circular Economy Package will incorporate a revised regulation on fertilisers that should facilitate the commercialisation and recognition of bio-based fertilisers. The development of new quality standards for secondary raw materials will also help increasing the confidence of European consumers in bio-based products. Furthermore, the European Commission intends to set a binding EU target to reduce landfill to maximum 10% of municipal waste by 2030 and incentivise companies to look for innovative solutions for products recycling and recovery.
The BIOrescue project will contribute to the achievement of these objectives by creating a novel biorefinery concept to avoid mushroom compost disposal and landfilling. In addition to the development of re-use and recycling strategies in the mushroom industry, the novel process will enable the transformation of mushroom compost into innovative bio-based products such as biodegradable fertilisers and biopesticides.