Biobased products are products wholly or partly derived from renewable materials of biological origin (i.e. from plants, crops, trees, algae and biological waste). These products are used in a wide range of applications, such as energy, textile, plastics, pharmaceuticals, hygiene, food and many more.
Ideally, biobased products are circular by nature, since they are made of renewable resources, are designed to be re-used, re- and up-cycled several times, and at the end, for biodegradable ones, returned to nature through biodegradation or composting.
We need a fairer method to account for the footprint of biogenic carbon and allocate it to the actors along the bioeconomy value chains.