bio-based economy

A bio-based economy is an economic system that prioritizes the sustainable use of biological resources — like plants, animals, and microorganisms — to produce food, energy, materials, and chemicals. Instead of relying heavily on fossil fuels and non-renewable resources, it aims to harness nature’s renewable outputs in environmentally friendly ways. This approach can help reduce greenhouse gas emissions, promote rural development, and create innovative products, all while maintaining ecological balance. Overall, the bio-based economy seeks to build a more sustainable and biologically-driven way of producing goods and energy.