Bio-Based Economy

Bio-Based Economy

Our economy relies heavily on fossil resources such as oil, natural gas and coal. This is not at all sustainable. Many are trying to transition to a bio based economy making use of renewable resources. Bio Economy is using resources that can be replaced. This makes use of organic materials such as plants and some organism. However, using this requires innovation, joint efforts and cooperation. With enough research and education, we can slowly achieve this.

Here are some ways we can achieve this.

  1. We need to transition to a Circular economy. Encompassing an efficient bio-economy with the use of low-carbon, resource efficient and sustainable industries. We should adapt techniques such as “Green chemistry.” This is a key to enable this transition.
  2. Access to the right infrastructure, partners, investments and time is vital.
  • Assess business cases
  • Partnerships
  • Market Analysis
  • Users and Investors
  • Overcome technical hurdles
  • Training