The Commission proposal is technically amending the existing Council Regulation (EU) No 560/2014 establishing the Bio-based Industries Joint Undertaking (BBI JU).
BBI JU is a body entrusted with the implementation of a public-private partnership whose members are the European Union represented by the Commission and the Bio-based Industries Consortium (BIC).
Due to difficulty of BIC to deliver its financial contribution as foreseen by the current Council Regulation, the European Commission proposes to adjust the initial text of the Council Regulation by introducing the possibility of delivering financial contributions at project level, in addition to the existent mode of delivery at programme level.
Other relevant EESC opinions:
For more information please contact the INT Section Secretariat.