CINEA/2021/OP/0001 Study to Bring More Algae Species to the EU Market and to Create an European Algae Stakeholders Forum
0.9 million €
Submariner Network Full member
Technopolis Group Netherlands
The European Commission, the European Climate, Infrastructure and Environment Executive Agency (CINEA) and a consortium of sustainability consultants and algae organisations are launching a European algae stakeholder platform, called EU4Algae. The aim of the platform is to accelerate the development of a European algae industry and promote algae for nutrition and other uses among consumers and businesses in the EU.
Algae are produced and consumed throughout the world for centuries. They are appreciated in especially Asian cuisine for their high nutritional value and distinct salty or umami taste. In recent years, they are becoming a standard ingredient as well in western vegan dishes. Outside of the culinary realm, algae have turned into a go-to feedstock for sustainable industrial applications, such as biodegradable plastics. Moreover, their production helps improving ocean health by reducing carbon dioxide, phosphorus and nitrogen in marine ecosystems. They are also a nursery and hide-out for many marine animals, promoting underwater biodiversity.
Despite all the above, the uptake in Europe of algae production and consumption is slow. Too slow. So the European Commission is stepping up the game. Together with CINEA and a consortium (comprised of EurA AG, EABA, Systemiq, Technopolis and s.Pro), the Commission is launching EU4Algae. This 3-year project will accelerate the scale-up of a regenerative, resilient, fair and climate friendly algae industry in Europe, and bring more novel algae species to the EU market.
The platform will be a unique space for collaboration among European algae stakeholders including algae farmers, producers, sellers, consumers, technology developers as well as business-support organisations, investors, public authorities, academia, researchers and NGOs. It will also act as a single information hub on algae funding calls, projects, business-related information, intelligence and best practices.