The contribution of a forest-based circular bioeconomy to sustainable development
To meet the sustainable development goals, we need to transition to a circular bioeconomy that is based on sustainably-sourced renewable bioresources . As our most important piece of biological infrastructure, forests are the main source of renewable biomaterials and bioenergies, and are central to realising the new and necessary paradigm of a circular bioeconomy. Rapid advances in science and technology offer potential for new sustainable business opportunities in a wide range of sectors, including construction, chemicals, transport, textiles, energy, and plastics. Public and private investments, and a mobilized financial system, will be required in order to accelerate and scale up these innovations into market solutions. An enabling regulatory framework, and a sustainable marketplace that generates long-term value through the balanced integration of natural, social and financial capital, will also be critical.
This special session will showcase the key contributions that the forest sector provides to the sustainable circular bioeconomy, and identify options for upscaling actions to ensure an effective transition.