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Building the Bioeconomy through Innovation, Monitoring and Science‐based Policies

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  • David Zilberman
  • Justus Wesseler

Abstract

Concerns about climate change, food security and biodiversity loss are challenging society and the scientific community to modify our modes of operation. This involves the transition from relying on non‐renewable resources to renewable resources, reducing the emissions of greenhouse gases, sequestering and storing carbon, and at the same time, improving the well‐being of much of humanity who live in poverty. Establishing a modern bioeconomy is essential for the transition. The BioMonitor Project highlights benefits of establishing a modern bioeconomy and the constraints slowing its development. We propose policies to overcome these constraints, emphasising the importance of monitoring its progress. We present some of its findings and recommendations to improve the performance of the EU bioeconomy. This includes a science‐based regulatory process to balance risk and benefit of new innovations, combined with effective liability rules and sound assessment of the side effects of new regulations without unnecessary delay and extra regulatory costs. Government support is crucial for agricultural and industrial research and development leading to the emergence of new supply chains. Since developing bioeconomy industries that increase productivity and reduce externalities provide public goods, some government support for infant bioeconomy sectors may be justified. Les préoccupations liées au changement climatique, à la sécurité alimentaire et à la perte de biodiversité mettent la société et la communauté scientifique au défi de modifier nos modes de fonctionnement. Cela implique de passer d’une dépendance aux ressources non renouvelables à des ressources renouvelables, de réduire les émissions de gaz à effet de serre, de séquestrer et de stocker le carbone et, en même temps, d’améliorer le bien‐être d’une grande partie de l’humanité qui vit dans la pauvreté. La mise en place d’une bioéconomie moderne est essentielle à la transition. Le projet BioMonitor met en évidence les avantages de l'établissement d'une bioéconomie moderne et les contraintes qui ralentissent son développement. Nous proposons des politiques pour surmonter ces contraintes, en soulignant l’importance de suivre ses progrès. Nous présentons certaines de ses conclusions et recommandations pour améliorer les performances de la bioéconomie dans l’Union européenne. Cela comprend un processus réglementaire fondé sur la science pour équilibrer les risques et les avantages des nouvelles innovations; combiné à des règles de responsabilité efficaces et à une évaluation approfondie des effets secondaires des nouvelles réglementations, sans retards inutiles ni coûts réglementaires supplémentaires. Le soutien public est crucial pour la recherche et le développement agricoles et industriels, conduisant à l’émergence de nouvelles chaînes d’approvisionnement. Étant donné que le développement d’industries de la bioéconomie qui augmentent la productivité et réduisent les externalités fournissent des biens publics, un certain soutien public aux secteurs naissants de la bioéconomie peut être justifié. Die Besorgnis über den Klimawandel, die Ernährungssicherheit und den Verlust der biologischen Vielfalt fordert die Gesellschaft und die Wissenschaft heraus, ihre Arbeitsweisen zu ändern. Dazu gehört der Übergang von nicht erneuerbaren zu erneuerbaren Energien, die Verringerung von Treibhausgasen, die Bindung und Speicherung von Kohlenstoff und gleichzeitig die Verbesserung der Lebenssituation der in Armut lebenden Menschen. Die Schaffung einer modernen Bioökonomie ist für diesen Übergang unerlässlich. Das BioMonitor‐Projekt zeigt sowohl die Vorteile einer modernen Bioökonomie als auch die Hindernisse auf, die ihre Entwicklung bremsen. Wir schlagen Maßnahmen zur Überwindung dieser Hindernisse vor und betonen wie wichtig es ist, diese Fortschritte zu überwachen. Wir stellen einige der Ergebnisse und Empfehlungen zur Verbesserung der bioökonomischen Leistungen der EU vor. Dazu gehört ein wissenschaftlich fundierter Regulierungsprozess, der Risiken und Nutzen neuer Innovationen gegeneinander abwägt. Hierzu zählen auch wirksame Haftungsbestimmungen und eine Bewertung der Begleiterscheinungen, die mit neuen Vorschriften einhergehen können, ohne unnötige Verzögerungen und zusätzliche Regulierungskosten. Staatliche Unterstützung ist von entscheidender Bedeutung für die landwirtschaftliche und industrielle Forschung und Entwicklung, die zum Entstehen neuer Lieferketten führt. Da die Entwicklung von Bioökonomie‐Industrien, die die Produktivität steigern und externe Effekte reduzieren, öffentliche Güter darstellen, kann eine gewisse staatliche Unterstützung für junge Bioökonomie‐Sektoren gerechtfertigt sein.

Suggested Citation

  • David Zilberman & Justus Wesseler, 2023. "Building the Bioeconomy through Innovation, Monitoring and Science‐based Policies," EuroChoices, The Agricultural Economics Society, vol. 22(3), pages 21-25, December.
  • Handle: RePEc:bla:eurcho:v:22:y:2023:i:3:p:21-25
    DOI: 10.1111/1746-692X.12410
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    References listed on IDEAS

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