Bioeconomy
Many definitions of the Bioeconomy exist. Defining Bioeconomy is of utmost importance as the definition is the basis on which key sectors are identified, policies designed and priorities acknowledged. Definitions change and evolve; some of them emphasize the technology aspect, others the economic contribution of the bioeconomy or the importance of a sound knowledge-base and the sustainable utilisation of biological resources. Some others interpret it in more philosophical terms, e.g. (“A visi...
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WB potential and opportunities...
...for transition to a bio-based economy
Western Balkans needs a holistic approach in order to ensure prosperity of this diverse region. Opportunities, in terms of growth and jobs creation, arise from the transition to a low-carbon economy and the high potential for energy savings as well.
The latest Western Balkans Regular Economic Report by the World Bank underlines for the region a higher but fragile growth, supported by public investment and spending but in need for reforms that unleash private investment and exports.Transition to a low-carbon economy and the high potential for energy savings represents an occasion in such a framework. Good opportunities for production of biomass are guaranteed indeed by the large rich biodiversity and natural resources in the Balkan region...
