World Bioeconomy Association Symbol
World Bioeconomy Association

Concept of the bioeconomy

The bioeconomy is a multisectoral concept, embraced by three visions of the bioeconomy in the Association strategy and communication.

Bioresource vision

Bioresource vision

A bioresource vision, focusing on the role of research, technology development and upscaling, needed for conversion and value-chain-valorisation of biomass feed stocks, from agriculture, marine, and forestry sectors.
Biotechnology vision

Biotechnology vision

A biotechnology vision, emphasising the importance of biotechnology- and biomanufacturing research, for application and commercialisation in different sectors.
Bioecology vision

Bioecology vision

A bioecology vision, highlighting the importance of ecological processes that optimise the use of land, energy and nutrients, giving space for promoting biodiversity, strengthen crop plants by out-phasing pesticides and protect soil quality against degradation. While the previous two visions are technology-focused and give a central role to RD & D in globalised systems, this vision emphasises the potential for regionally concentrated circular and integrated processes and systems.

The Association promotes circularity of the bioeconomy, while recognising that all bioeconomy principles cannot be always circular. In the bioeconomy, resources are produced responsibly and sustainably, generating raw materials, intermediate and end products to replace materials exiting the cycle, thereby complementing the circular economy balance without reliance on a fossil-based economy.