Launched and adopted on 13 February 2012, Europe's Bioeconomy Strategy addresses the production of renewable biological resources and their conversion into vital products and bio-energy. Under the lead of DG Research and Innovation, the Strategy was co-signed by several other Commission departments namely DG Agriculture and Rural Development, DG Environment, DG Maritime Affairs, and DG Industry and Entrepreneurship. The review concluded that, even though, the objectives of the 2012 Bioeconomy Strategy remain still valid, the scope of the actions have to be refocussed. The 2018 update of the Bioeconomy Strategy aims to accelerate the deployment of a sustainable European bioeconomy so as to maximise its contribution towards the 2030 Agenda and its Sustainable Development Goals (SDGs), as well as the Paris Agreement.