Food security, sustainable agriculture and forestry, marine and maritime and inland water research, and the Bioeconomy faces the challenge of enabling a transition towards an optimised and renewable use of biological resources and sustainable primary production and processing systems that can produce more food, fibre and other biobased products with minimal environmental impact.
The chemical industry aims to contribute solutions along the full bioeconomy value chain from planting seeds to new biobased products and fuels. Integrated biorefineries are central to the development of the bioeconomy and will deliver new sources of sustainable chemical building blocks with novel and improved properties.
The bioeconomy will provide very significant opportunities for new innovation, more sustainable value chains, jobs and economic growth. It can improve resource efficiency and is a key element in the achievement of the broader concept of a truly circular, integrated, renewable economy.