The season 2023 is underway. During the season we’d like to ask your help on how you would like to see a global hub for the bioeconomy operate. We are organising a digital survey on this topic and asking you to participate in this important survey. The survey will be published on 15 February 2023 and it will be open until end of September 2023. Results will be available during the fourth quarter of the 2023.
We will monitor the survey during the season roundtables.
Bioeconomy or bio-based economy refers to economic activity involving the use of biomass and biotechnology in the production of goods, services or energy.
The number of bioeconomy strategies are ever increasing. Today there are already close to 60 national biostrategies and besides that there are countless numbers of regional biostrategies. On top of that there are also aggregated biostrategies, for example the EU or East African Union bioeconomy strategies. And it’s good to see that the number of these biostrategies are increasing.
The value of the bioeconomy is also increasing. It has been said that bioeconomy value will account for one third of all economical activities by 2030. (Schmidt Futures) i.e. being 30 trillion USD. We see a lot of evidence and news supporting this scenario globally:
- The USA has the future value of the bioeconomy as basis for their approach to the bioeconomy
- An unprecedented survey estimates that the implementation of the bioeconomy in Brazil could generate an annual industrial revenue of US$ 284 billion by 2050
- Egypt is expecting its bioeconomy value to increase to a level of 54 billion USD
- Japan says it will increase its value of the bioeconomy by 50% towards end of the decade
So, as we see value of the bioeconomy increasing everywhere, the various nations and regions on every continent are committing to more and more supportive measures.
There are several other national discussions related to supply chains, traceability, feedstock availability etc. which could be advantageous to discuss at a global level.
The bioeconomy is also related to climate change mitigation and biodiversity. They all belong to same family, but with the exception that only two older sectors (climate change mitigation and biodiversity) already have global hubs (COPs), where topics are discussed and agreed upon on a global level. UNFCC COPs have been run for thirty years and Biodiversity COPs close to twenty years. Their younger sector, bioeconomy, does not have any global hub or hub where its topics are discussed.
Recently there have been more discussions on the subject of the bioeconomy and it’s the potential to have its own global hub. This is a huge topic and cannot be answered overnight.
That is why the World BioEconomy Forum is dedicating its season 2023 to the topic of “creating a global hub for the bioeconomy”. During the season 2023 we will be revisiting the theme through the Four-Pillar Structure and by arranging roundtables in different continents to collect their views on a global hub concept.
What are we expecting from you?
We need your help. We sincerely hope that you will assist us by providing your national or oganisational response to the questionnaire we have sent you. The World BioEconomy Forum and partners will follow up on the development of the survey in the World BioEconomy Forum’s Roundtables. The survey will be launched in the Roundtable on 15 February and the questionnaires will be open until end September 2023.
Final results will be available toward end of the season 2023 to help us form a global perspective on a potential concept of a global hub for the bioeconomy.
The target is that results will be shared in the UN convention. This could also help to form a potential protocol for a global hub for the bioeconomy.
Timeline for the World BioEconomy Roundtables
During the season 2023 we are conducting four roundtables as follows
Creating a global hub for the bioeconomy
02/2023 Bioproducts around us
“Biorevolution is knocking on the door” in collaboration with Latin American partners
04/2023 The Bioeconomy: People, Planet Policies
“Witnessing new era for the bioeconomy in Africa ” in a collaboration with African partners
06/2023 Corporate Leaders and the Financial World
“Financing the bioeconomy” from Europe/London
09/2023 Looking to the Future
“A global home for the bioeconomy – on-going incentives” from Asia
10-12/2023 Result of the survey available
Participate in the Survey
So please help us by sharing your valuable comments on this ever-increasing sector. Please try to clearly summarize your replies to ensure a holistic view on this topic. Any questions/comments – please contact email@example.com.
The survey is arranged in a collaboration with