The Bioeconomy to 2030
by C:F Team on 15th February, 2010 at 10:55 AM CEST
This week's weekly hot topic is inspired by OECD's recent report, The Bioeconomy to 2030: designing a policy agenda.
The bioeconomy refers to the set of economic activities relating to the invention, development, production and use of biological products and processes. If it continues on course, the bioeconomy could make major socioeconomic contributions in the world. These benefits are expected to improve health outcomes, boost the productivity of agriculture and industrial processes, and enhance environmental sustainability.
According to OECD, achieving the full promise of the bioeconomy by 2030 requires a policy framework that can address technological, economic and institutional challenges.
So we wonder, what are the drivers and events that might shape the future bioeconomy? Is it resource scarcity, financial crisis or climate change?
You can read more about bioeconomy here: The bioeconomy is the key.
Good point Jatin. Several such studies and projections mostly refer only to health with the tendency towards agriculture and industry. The short term profit before long term researches with questionable results.
However, as we cannot prevent climate change anymore (only to mitigate - see IPCC 2007,08) we need to foster the policies for adaptation and with that the use of bio-technology in energy, materials and food. The question is if we have enough time ….
16th February, 2010 @ 8:52 AM CEST
It is more political question than scientific or business. I would say that the question is if global leaders are capable to make such consensus or able with the interests of multinational corporations behind their shoulders…
18th February, 2010 @ 3:32 PM CEST
Vallabha Rao | Youth Advisory Board | Ambassador
I think innovation will drive this growth. As we invest more into research and development when it comes to Biotech,Genetics and scientific agriculture we will find new ways to exploit this benefiting a lot of people. Its very important that we use this as an opportunity to reverse the negative changes done to the environment in the previous century
21st February, 2010 @ 9:01 AM CEST
Jatin Kataria | Ambassador
I must say its all about taking initiative, because as far as technology related to bio energy is concern the problem is awareness.
In India if I say about Gujarat, Companies like Abellon Clean Energy are developing new technologies and implementing it. Even they also believe that problem is awareness towards Bio energy business.
But climate change is the major factor for the growth of bio economy.
Benefits in terms of carbon credit (CDM) also there, switching is nothing as such if we use in industry instead of other fuel. It is comparable in terms of calorific value and tariff part with other fuels.
Few days back when I was in conference of Clean technology I was interacting with the Sr executive of Abellon clean Energy, Major problem is "AVAILABILITY" as well as awareness about the bio technology.
15th February, 2010 @ 12:46 PM CEST