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European Commission Announces €222.7 Million Investment In Sustainable And Low-Carbon Projects
Tuesday, November 22, 2016

On November 3, 2016, the European Commission announced that 144 new green and low-carbon projects from 23 Member States will be funded by a €222.7 million investment from the European Union (EU) budget, which will be combined with €175.9 from additional investments.  The funding comes from the LIFE programme, the EU’s funding body for the environment and climate action, with the goal of progressing Europe towards a more sustainable future.
 
The selected projects align with the EU’s objective to reduce GHG emissions and transition to a more circular economy.  Examples of 2015 projects include:  

 

Implementation of Biodolomer®, a fossil-free biomaterial, in place of plastic packaging for four commercial reference products;

 

Production of biopolymers for the tanning industry using recycled biomass from the tanning process; and

 

Incorporation of cultivated banana organic waste fibers as an additive to create bioplastic covers to protect banana treats from UV radiation.
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