This report explains that in a bio-economy scheme food, feed, materials and energy are derived from biomass instead of fossil resources. Biomass is thus an increasingly important raw material in view of a fossil depleted future. Independent of its final destination, biobased products have to be produced and applied in a sustainable way, meaning that they have to fulfil social, economic and environmental criteria. The major drivers for a bio-economy are independence from fossil energy sources and abatement of climate change.
EBA position paper on bio-economy
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