What is the bioeconomy?
The bioeconomy is the part of the economy which uses renewable resources from agriculture, forestry and the marine to produce food, feed, materials and energy, while reducing waste, in support of achieving a sustainable and climate neutral society.
The bioeconomy recognises the value of nature, soils, land and seas to generate prosperity and mitigate climate change. It supports sustainable agriculture, forestry, fisheries and aquaculture. It also supports industries to sustainably produce food, timber, nutrients for plants and animals, chemicals, packaging and energy, while reducing waste. It ultimately supports the development of an innovative, knowledge-based, sustainable, climate-neutral economy and society.
Many of the products and services we use today such as food and energy are produced using unsustainable fossil resources that harm our climate, nature & society. Our world is searching for alternative approaches that provide a fair and prosperous future for us all.
The bioeconomy offers society a path to apply knowledge, science, technology and innovation to how we use and consume resources from our soils, fields, forests and seas that respects nature and increases social equality by reducing our use of fossil resources and developing green practices, products and local jobs in places where we wish to live.
The bioeconomy will value and support us to farm for carbon and nature and be less wasteful as a society. It will allow us to produce sustainable fertilizers for our fields and nutritious food for our healthy and active lives. It will also offer us sustainable packaging for the goods we buy and innovative materials to both build our homes and support our industries to re-use its waste and reduce its energy use.