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The bioeconomy, circularity, and sustainability -How the concepts are conceptualized in the forestry sector

Author

Listed:
  • Widmark, Camilla

    (CERE - the Center for Environmental and Resource Economics)

  • Persichina, Marco

    (CERE - the Center for Environmental and Resource Economics)

  • Martinez-Cruz, Adan L.

    (CERE - the Center for Environmental and Resource Economics)

Abstract

This report describes the concepts of bioeconomy, sustainability, and circularity, as well as how they relate to each other. Using forests and forestry sectors as illustration, this report also discusses how a sustainable circular bioeconomy may be conceptualized. Bioeconomy is a concept permanently evolving due to its major role in political and economic debates, in particular in the EU. In recent times, the bioeconomy concept has been connected to circularity to further enhance sustainability and promote development of a bio-based economy. Forests have a key role in the development of the bioeconomy as they provide biomass that can replace fossil fuel–based materials. However, a forest-based bioeconomy is dependent on a balance between biomass production and sustainable ecosystem management. Thus implementation of a forest-based bioeconomy should take into account the environmental limits of new biotechnologies and value chains that require massive amounts of bioresources, and it must follow a sustainable development path that recognizes the innovative processes that can drive the bioeconomy forward.

Suggested Citation

  • Widmark, Camilla & Persichina, Marco & Martinez-Cruz, Adan L., 2022. "The bioeconomy, circularity, and sustainability -How the concepts are conceptualized in the forestry sector," CERE Working Papers 2022:3, CERE - the Center for Environmental and Resource Economics.
    • Handle: RePEc:hhs:slucer:2022_003
    DOI: http://dx.doi.org/10.2139/ssrn.4112706
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    More about this item

    Keywords

    bioeconomy; circular economy; forest sector;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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