Cosa è la bioeconomia Assobiotec

What is bioeconomy

The bioeconomy is an economy using biological resources from the land and sea, as well as waste, as inputs to food and feed, industrial and energy production. It also covers the use of bio-based processes for sustainable industries. Bio-waste for example has considerable potential as an alternative to chemical fertilizers or for conversion into bio-energy, and can meet 2% of the EU renewable energy target.

In Europe today the bioeconomy is already worth more than 2 trillion euros annually and employs over 22 million people (9% of the total). It 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. Each euro invested in EU-funded bioeconomy research and innovation in 2012 is estimated to trigger 10 euros of value added in bioeconomy sectors by 2025.

The European Commission adopted in February 2012 a strategy to shift the European economy towards greater and more sustainable use of renewable resources.  With the world population approaching 9 billion by 2050 and natural resources finite, Europe needs renewable biological resources for secure and healthy food and feed, as well as for materials, energy, and other products. "The innovation for a sustainable growth: a bioeconomy for Europe" is a Commission strategy that outlines a coherent, cross-sectoral and inter-disciplinary approach to the issue, having at its center biotechnology as Key Enabling Technology.

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. The strategy focuses on three key aspects: developing new technologies and processes for the bioeconomy; developing markets and competitiveness in bioeconomy sectors; pushing policymakers and stakeholders to work more closely together.

The OECD (Organization for Economic Cooperation and Development) estimates that, by 2030, biotechnology will contribute to 50% of agricultural output, to 80% of pharmaceutical output and to 35% of the output of chemicals and other industrial products, for a direct value estimated at 2.7% of overall GDP (gross domestic product).