Bioeconomy


Bioeconomy

Production and use of organic resources

What is Bioeconomy?

Bioeconomy is the knowledge-based production and use of organic resources in order to provide products, procedures and services for all economic sectors in the framework of a sustainable economic system. So, social challenges – the so-called “Grand Challenges” – of the 21st century as well as the sustainable supply of a growing world population with qualitatively high and safe food, a reduction of greenhouse gas emissions and the shortage of resources should be managed while at the same time facilitating a sustainable development.

Among the most important sectors of the bioeconomy are those of primary production (agriculture, forestry and fisheries), the food and feeding stuff industry, the wood-processing businesses, the pulp and paper industry, as well as parts of the chemical and biotechnological industry, and of renewable power industries.

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Bioeconomy Policy Paper