The bioeconomy encompasses a wide scope, from sustainable agriculture, fishing, forestry and aquaculture, to food and feed manufacturing, bio-based tech, products, and bioenergy. According to the World Bioeconomy Forum, the value of the global bioeconomy is estimated at $4 trillion, with predictions of substantial growth in the coming decades.
This report highlights significant growth potential in the bioeconomy, presenting key themes that the G20 Initiative on Bioeconomy (GIB) might advance during the Brazilian G20 Presidency in 2024 and beyond.
The stocktake looks at challenges and opportunities, as well as themes that could be the focus for further research by the G20 Initiative on bioeconomy.