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National Strategy for Sustainable Bioeconomy (ENBS)

2024Mitigation, AdaptationPolicyStrategy
Sectors: Cross Cutting Area, Economy-wide

Bioeconomy emerges as a development paradigm aimed at replacing fossil resources in the face of global challenges such as population growth, urbanization, climate change, depletion of non-renewable resources, and biodiversity loss. Sustainable bioeconomy plays a key role in transitioning to an economy designed to operate within planetary boundaries.

This approach supports international environmental commitments related to climate change mitigation and adaptation, biodiversity conservation, and combating desertification, as well as the 2030 Agenda for Sustainable Development adopted by the United Nations.

The goal of the National Strategy for Sustainable Bioeconomy (ENBS) is to position bioeconomy as an opportunity to consolidate productive diversification through the sustainable use of biological resources. The vision is for the country to strengthen its international position by adopting a sustainable, efficient, and innovative approach to using its biological and natural resources.

Bioeconomy development relies on the sustainable use of natural resources to ensure long-term economic growth. It serves as an integrative policy framework adopted by several countries to boost competitiveness, create jobs, promote social inclusion, and address environmental and climate change challenges

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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National Strategy for Sustainable Bioeconomy (ENBS)
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.