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 vision for the future society” (Socaciu, 2014, p1) or “A future in which we rely on renewable biological resources to meet our needs for food, materials and energy” (EC, 2014). Despite the different visions similarities, such as the emphasis on economic output and a broad, cross-sectoral focus keep constant.

The European Commission adopts a process-oriented definition of the Bioeconomy and defines it as: "the production of renewable biological resources and the conversion of these resources and waste streams into value added products, such as food, feed, bio-based products and bioenergy. Its sectors and industries have strong innovation potential due to their use of a wide range of sciences, enabling and industrial technologies, along with local and tacit knowledge." Source: "Innovating for Sustainable Growth - A Bioeconomy for Europe" (2012) 

Bioeconomy comprises those parts of the economy that use renewable biological resources from land and sea – such as crops, forests, fish, animals and micro-organisms – to produce food, materials and energy. The market at EU level presents an annual turnover of around two trillion euro, and employs around 18 million people. It is already one of the Union's biggest and most important sectors while its potential for the future is even greater.

Bioeconomy has been gaining momentum since September 2005 with 50 countries and regions around the world now having a Bioeconomy strategy or related document in place. Europe's Bioeconomy Strategy addresses the production of renewable biological resources and their conversion into vital products and bio-energy. It was recently updated 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.

The new strategy aims at strengthening the connection between economy, society and the environment. More engagement is necessary. The bioeconomy community needs to develop a clear, visible corporate identity. More global platforms are needed to share views and change views, and to learn mutually about practices, good and bad. This is one of the conclusions indeed also of the World BioEconomy Forum 2018.

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Organisations

  • BioSense Institute

    Recognizing that ICT today plays a pivotal role in ensuring sustainable, smart and inclusive growth of agriculture, the Research and Development Institute for Information Technologies in Biosystems, also...

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Calls

  • Host a parallel event at EUBCE 2021!

    Each year, the official EUBCE programme is complemented by a select number of engaging side events directly related to the goals, objectives, and themes of the conference.

  • Call for Papers: EUBCE 2021

    The 29th edition  of the European Biomass Conference & Exhibiton is now open for abstracts. On April 26 EUBCE will inaugurate the 2021 hybrid  and global conference, which will focus on...

  • The Green Deal Call

    The Green Deal call will mobilise research and innovation to foster a just and sustainable societal transition aiming at ‘leaving nobody behind’. Projects are expected to deliver tangible and visible ...

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Documents

  • Can R&I save the day?

    While research and innovation (R&I) are at the core of the response to the pandemic itself in the areas of virology, vaccines development, treatments and diagnostics, it will be crucial also in the...

  • European Cultural and Creative Cities in COVID-19 times

    Empty cultural places, drastically reduced mobility and tourism blockade as an effect of COVID-19 confinement measures not only generate an evident economic damage to cultural institutions, companies ...

  • WATER JPI Strategic Research &Innovation Agenda 2025

    The purpose of the Strategic Research and Innovation Agenda (SRIA) is to lay down guiding principles and identify research priorities for the future, while making them openly accessible to the various...

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