Sustainable growth

The bioeconomy leads sustainable growth

We need to rely on renewable natural resources to produce food, energy, products and services. This will help us to mitigate the climate change and reduce our dependence on fossil natural resources. Bio-based resources from the fields, forests and water systems need to replace non-renewable resources where viable. This transformation is called the bioeconomy and is driven by the concern on the environment and scarcity of non-renewable resources, including oil and metals.

We should not use renewable bio-based resources without environmentally friendly clean technologies and efficient recycling of materials. All waste and sidestreams should be eliminated resulting in a circular economy[1] where the waste of one actor is a raw material for another. Resource efficiency should be ensured on the systemic level in business networks and societies.

The objective of the bioeconomy is to generate sustainable economic growth and jobs based on bio-based resources. At the same time we need to ensure that the nature’s ecosystems are taken care of. The bioeconomy is a means to better society. It enables us to increase well-being and grow the economy without increasing the use of natural resources.

[1] World Economic Forum (2014). Circular Economy. (accessed 30.09.2014).

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