BIOECONOMY STRATEGIES: VISIONS AND PROSPECTS

Abstract

Bioeconomy, as an evolving concept, gained serious interest in the past two decades. It is considered a key driver in resolving a number of global challenges and is integrated into a broader framework with circularity, green transition and sustainable development. At this point, many international, national and regional strategic documents are linked to bioeconomy and directed to its strategic objectives. The aim of the paper is to present comparative analysis of bioeconomy strategies at global and national levels in order to observe the main concepts, vision and priorities and highlighted future agenda, prospects and recommendations for better integration and coordination. The analysis of the published strategic documents shows that there are no global framework and internationally accepted definition of bioeconomy. There are diverse understandings and differences in key priorities and goals between Europe, Asia, and South and North America. The bioeconomy remains a political concept, with a significant number of countries engaged in implementing its guiding principles. Until 2030, the ambitions in bioeconomy strategies and policies will be tested. In this regard, significant support is needed in the form of specific measures and financial instruments to realize investments in this field.

Keywords

• sustainability
• green transition
• biotechnology
• innovation