FINANCIAL INSTRUMENTS TO SUPPORT THE BIOECONOMY IN THE EU

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F21%3AN0000014" target="_blank" >RIV/26867184:_____/21:N0000014 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
FINANCIAL INSTRUMENTS TO SUPPORT THE BIOECONOMY IN THE EU
Original language description
Global challenges force us to seek new ways of producing and consuming that respect the ecological boundaries of our planet. The bioeconomy or biobased economy encompasses the production of biobased resources and their conversion into food, feed, bioenergy, and biobased materials. Bioeconomy can contribute to build a more competitive, innovative, and prosperous Europe. Financial support is a significant element for the future growth and development of the bioeconomy, which is expected to move society towards a more sustainable economy. Concerning these issues, the authors focus on financial instruments and their possible impacts. The main aim of this article is to introduce and compare various financing opportunities promoted by the European Union to support the development and growth of the European bioeconomy. Regarding the methodology, desk research and comparative analysis will be used. The results show the comparison of various financial instruments to support the bioeconomy in the EU. The main advantages or disadvantages are highlighted, policy recommendations formulated. Based on the results, we can say that the main types of financial instruments enabling bioeconomy development include taxes, tax relief, grants, subsidies, feed-in tariffs, loans, direct public funding, and tradable permit.
Czech name
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Czech description
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Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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