Over the last few years, the bioeconomy — a global economy that uses biological resources and waste from the land and sea as inputs to food, industrial and energy production — has been a major point of discussion for scientists and policymakers alike. According to the World Economic Forum, our bioeconomy is far from sustainable as it presently exists, as companies across many industries continue to rely on environmentally damaging practices. As such, today’s discussion on the bioeconomy has largely centered around how people, companies and industries can reduce their impact on the environment through more ethically sourced, produced, packaged, sold and consumed products and services.
In order to transition to a sustainable bioeconomy, the international community must reach consensus on standard definitions and criteria and methods for measuring its goals, which has thus far hindered progress. In industry, issues such as land-use, fossil fuel dependence and climate change are key discussion points. From a consumer perspective, historically developed structures and ways of life that appear normal today need to be completely rethought and relearned. (…)
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