The bio-economy comprises those parts of the economy that use renewable biological resources from land and sea – such as crops, forests, fish, animals and micro-organisms – to produce food, materials and energy.
Europe is setting the course for a resource-efficient and sustainable economy. The goal is a more innovative and low-emissions economy, reconciling demands for sustainable agriculture and fisheries, food security, and the sustainable use of renewable biological resources for industrial purposes while ensuring biodiversity and environmental protection.
To achieve this, the European Commission has set a Bioeconomy Strategy and action plan which proposes answers to the challenges Europe and the world are facing:
- increasing populations that must be fed
- depletion of natural resources
- impacts of ever increasing environmental pressures
It calls for new approaches to come from research and innovation and supports science and technological leadership to drive tangible improvements in Europe’s social, economic and environmental welfare.