The EU and member states provide funding to encourage low-carbon initiatives through a variety of projects and programmes. However, to secure financial needs of the Green Transition, public and private funding must cooperate.
Maintaining and developing a competitive operating environment plays a key role in the development of a high value-added bioproduct industry in Finland.
Future pulp mills enable improved circularity and may act as a platform for external companies working in a bioecosystem. A mill willl have more departments/plants that use all streams, as well as possible external operators, all on the same mill site. There is no single solution for the mill, but rather a range of options in both the core mill and operating within the ecosystem.
In the last few years, the green transition, or the change from growth based on fossil fuels to growth based on green solutions, has ramped up considerably.
Forest residues are one of the most promising renewable feedstocks due to their availability, cost, and independence from the food industry. They can be converted into a variety of products, including biofuels, biochemicals, and biomaterials, which can replace the use of fossil fuels in the production of steel, chemicals, and transportation fuels
The EU economy is still largely dependent on fossil fuel. Going forward, the new alternative energy technologies should support the EU FIt for 55 package and strive to secure the energy supply.
Global forests are a rich source of antiviral, antibacterial, and antifungal bioactive compounds with underutilized commercial opportunities. Many of the potential candidate compounds or groups of compounds have already been identified and studied to some extent on R&D level, but there is still a vast amount of untapped business potential in finding new more potent compounds, and developing new innovations based on already accumulated knowledge. The forest industry can offer solutions by producing antiviral and antimicrobial bioactive compounds that can be used as part of the treatment against the viral infection.
Digitalization is used to create revenue, improve business, and to replace and transform business processes. Digital solutions offer tools for more competitive ways to run business. Digitalization is increasingly utilized to reach a higher sustainability performance and to meet the requirements of increased visibility and transparency in the end-to-end supply chain. A digitalization strategy is needed to deploy the full potential of digitalization, also in terms of sustainability.
Vision Hunters celebrates its 10th anniversary. Read our reflections on our first decade as well as our thoughts on what lies ahead in the future.