Bioeconomy

According to the United Nations Food and Agriculture Organisation (FAO), the bioeconomy is "the production, use and conservation of biological resources, including related knowledge, science, technology, and innovation to provide information, products, processes and services to all economic sectors with the aim of moving towards a sustainable economy".

  • With its approval as a framework for encouraging the use of biotechnology to produce new goods and markets by the European Union (EU) and the Organization for Economic Co-operation and Development (OECD), the term "bioeconomy" gained popularity.
  • The bioeconomy seeks to promote both circularity and sustainable development.
  • The bioeconomy is fundamentally based ....
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