Bioeconomy

Biobased economy, bioeconomy or biotechonomy is economic activity involving the use of biotechnology and biomass in the production of goods, services, or energy. The terms are widely used by regional development agencies, national and international organizations, and biotechnology companies. They are closely linked to the evolution of the biotechnology industry and the capacity to study, understand, and manipulate genetic material that has been possible due to scientific research and technological development. This includes the application of scientific and technological developments to agriculture, health, chemical, and energy industries.^[1]^[2]

A video by New Harvest and Xprize explaining the development of cultured meat and a "post-animal bio-economy" driven by lab-grown protein (meat, eggs, milk)

The terms bioeconomy (BE) and bio-based economy (BBE) are sometimes used interchangeably. However, it is worth to distinguish them: the biobased economy takes into consideration the production of non-food goods, whilst bioeconomy covers both bio-based economy and the production and use of food and feed.^[3] More than 60 countries and regions have bioeconomy or bioscience-related strategies, of which 20 have published dedicated bioeconomy strategies in Africa, Asia, Europe, Oceania, and the Americas.^[4]

^ Smyth, S. J.; Aerni, P.; Castle, D.; Demont, M.; Falck-Zepeda, J. B.; Paarlberg, R.; Phillips, P. W. B.; Pray, C. E.; Savastano, S.; Wesseler; Zilberman, D. (2011). "Sustainability and the bioeconomy: Policy recommendations from the 15th ICABR conference". AgBioForum. 14 (3): 180–186.
^ Wesseler; Spielman, D. S.; Demont, M. (2011). "The Future of Governance in the Global Bioeconomy: Policy, Regulation, and Investment Challenges for the Biotechnology and Bioenergy Sectors". AgBioForum. 13 (4): 288–290.
^ Staffas, Louise; Gustavsson, Mathias; McCormick, Kes (2013-06-20). "Strategies and Policies for the Bioeconomy and Bio-Based Economy: An Analysis of Official National Approaches". Sustainability. 5 (6): 2751–2769. doi:10.3390/su5062751. ISSN 2071-1050.
^ "Document card | Food and Agriculture Organization of the United Nations". www.fao.org. Retrieved 2022-09-16.

[Smyth-2011-1] Smyth, S. J.; Aerni, P.; Castle, D.; Demont, M.; Falck-Zepeda, J. B.; Paarlberg, R.; Phillips, P. W. B.; Pray, C. E.; Savastano, S.; Wesseler; Zilberman, D. (2011). "Sustainability and the bioeconomy: Policy recommendations from the 15th ICABR conference". AgBioForum. 14 (3): 180–186.

[Wesseler-2011-2] Wesseler; Spielman, D. S.; Demont, M. (2011). "The Future of Governance in the Global Bioeconomy: Policy, Regulation, and Investment Challenges for the Biotechnology and Bioenergy Sectors". AgBioForum. 13 (4): 288–290.

[3] Staffas, Louise; Gustavsson, Mathias; McCormick, Kes (2013-06-20). "Strategies and Policies for the Bioeconomy and Bio-Based Economy: An Analysis of Official National Approaches". Sustainability. 5 (6): 2751–2769. doi:10.3390/su5062751. ISSN 2071-1050.

[4] "Document card | Food and Agriculture Organization of the United Nations". www.fao.org. Retrieved 2022-09-16.

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