Harnessing the Bioeconomy-Climate Nexus for Sustainable Development

The bioeconomy is a sustainable socio-economic model focused on the renewable use of biological resources to address climate change, food security, economic development, and poverty reduction. Its global value is currently estimated at US$4-5 trillion, with the potential to reach US$30 trillion with targeted support. Since the launch of the G20 Initiative on Bioeconomy in 2024, it has gained international attention, emphasizing its role in nature-based solutions and financing. The bioeconomy offers significant potential for climate mitigation, adaptation, and resilience by providing sustainable alternatives to carbon-intensive products, promoting regenerative agricultural practices, supporting scientific innovations, and contributing to sectors like tourism and gastronomy. As it grows sustainably, it promises substantial ecological, social, and economic benefits.