Abstract
In the last ten years significance of biomass is growing, due to exhaustion of fossil fuel reserves and their negative impact on climate and environment. In the region of Southeastern Europe, biomass is the most significant renewable energy source, due to abundance of forests and agricultural areas. Serbia is one of the countries of Southeastern Europe with significant potentials for using biomass from forests and wood processing industry in the form of wood residues. Despite its potential, the use of wood biomass in Serbia is not efficient. Significant amounts of wood residue produced in the course of tree felling and timber assortment production are left unused in forests. It is necessary to improve the national legislative and regulatory frameworks and support mechanisms for the rational use of biomass, make a precise assessment of its potential and promote the importance of the circular bioeconomy in Serbia in the coming period. The paper presents the results of a complex analysis of the current state of the circular bioeconomy in Europe Union countries, comparing with state in Serbia, the goals and initial results of the CEE2ACT project, and highlights the importance of the formation and long-term functioning of the National Bioeconomy Hub.
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