The Bioeconomy? What does it mean. That’s a good question. Stay with us a moment and we’ll explain with our definition. Plus, we tell you why it’s good for our planet, and can reduce climate change.
Our planet is getting more and more crowded. As a result we need to use our resources more sustainably.
Sustainable, bio-based products already exist thanks to the bioeconomy. But, who really knows what the term bioeconomy means?
The bioeconomy is making and selling useful things using renewable materials which means that these are made from organic, carbon based biological matter, instead of being produced from oil.
The Role of Anaerobic Digestion and Biogas in the Bioeconomy
Anaerobic digestion and biogas is part of it. Biogas (methane) can be an essential raw material for making bioplastics for example.
The Move from Oil to Renewable Bioresources
Most things you buy start out being oil, and are refined in petroleum refineries to make plastics, and synthetic fibres.
Even though many people are not aware of it, the bio economy is already part of everyday life.
Bioresource technologies are already being used to replace many goods and processes currently based on fossil fuel resources.
In some cases bioresource based goods even have novel properties which make them superior to the goods we currently depend on.
In short, the bioeconomy means using renewable resources for innovative products, instead of the present oil-based economy.
Today, we depend on fossil fuels for things like clothing plastics and chemicals.
In a bioeconomy those products are made from biological materials like coffee-grounds, spider silk, or compounds produced with the help of microorganisms.
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“the bioeconomy is a circular economy”
The goal of the bioeconomy is a circular economy producing reusable bio based products.
Some of the most innovative bio based products can already be found in our kitchens. Without knowing it, you have quite possibly, already used some of them.
Many nations in Europe are collaborating in EU wide research to become leaders in this growing market.
However most people don’t realize that sustainable alternatives already exist.
Thanks you for reading this article. We hope we have helped to raise your awareness of the bioeconomy.
The amazing bio-based innovations in our everyday life, can only make an impact if we are aware of their benefits, and of any possible disadvantages.
Only then can we form our own opinion about the bio economy.
The economy is about using renewable resources about the production of the new resources.
By replacing fossil fuels the bioeconomy has a massive role to play in climate change reduction.
To me, the bio economy is about the move away from petroleum based way of life. It’s about moving to a more sustainable bio-based way of life.
Its about keeping things natural because unlike oil-based products, bio-based things are usually biodegradable.
Because, if we don’t watch what we’re doing we won’t have a decent planet to live on.
As found on Youtube
What is the Bioeconomy?
Biobased economy, bioeconomy or biotechonomy refers to all economic activity derived from scientific and research activity focused on biotechnology. In other words, understanding mechanisms and processes at the genetic and molecular levels and applying this understanding to creating or improving industrial processes.
The term is widely used by regional development agencies, international organizations, biotechnology companies. It is closely linked to the evolution of the biotechnology industry. The ability to study, understand and manipulate genetic material has been possible due to scientific breakthroughs and technological progress. via wikipedia.org
What the EU Says About the Bioeconomy
Agriculture accounts for about 10 % of Union greenhouse gases emissions, and while declining in Europe, global emissions from agriculture alone are still projected to increase up to 20 % by 2030.
A growing global population will need a safe and secure food supply. And climate change will have an impact on primary production systems, such as agriculture, forestry, fisheries and aquaculture.
A transition is needed towards an optimal use of renewable biological resources.
To maintain its competitiveness, Europe will need to ensure sufficient supplies of raw materials, energy and industrial products under conditions of decreasing fossil carbon resources – oil and liquid gas production is expected to decrease by about 60 % by 2050.
Bio-waste (estimated at up to 138 million tons per year in the Union, of which up to 40 % is landfilled) has high potential added value as a feedstock for other productive processes.Biological resources and ecosystems could be used in a more sustainable, efficient and integrated manner.
Food waste represents another serious concern. An estimated 30 % of all food produced in developed countries is discarded.
Bioeconomy includes primary production – such as agriculture, forestry, fisheries and aquaculture – and industries using / processing biological resources, such as the food and pulp and paper industries and parts of the chemical, biotechnological and energy industries.
In brief, bioeconomy can contribute to build a more competitive, innovative and prosperous Europe.
Under Horizon 2020, the EU identified seven priority challenges where targeted investment in research and innovation can have a real impact. via ec.europa.eu
What the FAO Says About the Bioeconomy
The food and Agriculture Organisation of the United Nations (FAO) says:
“Its cross-cutting nature offers a unique opportunity to comprehensively address interconnected societal challenges such as food security, fossil-resource dependence, natural resource scarcity and climate change, while achieving sustainable economic development. However, achieving sustainable bioeconomy development faces many challenges: these concern not only ensuring food security but also addressing climate change and managing natural resources in a sustainable way, managing competition between different uses of biomass feedstocks, while guaranteeing that bioeconomy development benefits everybody. It is therefore crucial to establish guidelines that enable it to be developed in a sustainable way. via fao.org
During the Industrial Revolution, it became clear that wood was unsuited as an energy source for industrial production, especially iron smelting. However, the transition to coal was the effort of decades. Similarly, the transition from coal to oil was neither a smooth nor rapid process. The transition to an energy and materials production regime based on renewable resources can similarly be expected to be fraught with many setbacks and obstacles, technically and politically. via sciencedirect.com
Nevertheless, the bioeconomy is a hot topic for scientists and policymakers. Rapid advances in molecular biology combined with big data and artificial intelligence have resulted in big jumps in our understanding of living organisms, including the biomass produced by plants and animals, at the level of their DNA.
That has gone hand in hand with technologies that allow scientists and industry to manipulate, easily, everything from enzymes to bacteria to plants and animals.
Industry can now make bio-based plastics from plant oils rather than fossil-based sources. Those bio-based plastics can be made bio-degradable, even in oceans, or they can be made durable, to replace glass. via weforum.org
The technology has advanced, but the political sphere has possibly not done so.
Governments can play a far-reaching role by creating conducive frame conditions for the development of the bioeconomy, as has been pointed out above. However, governments are themselves subject to a variety of forces, such as lobbying by industry groups and civil society organizations. These may not necessarily be in favour of the bioeconomy.
Bioeconomy policies are, thus, the outcome of conflicting political processes. via springer.com