Circular Bioeconomy: An Introduction

Dillirani Nagarajan, Duu Jong Lee, Jo Shu Chang

研究成果: Chapter

10 引文 斯高帕斯(Scopus)


Bioeconomy is defined at the global bioeconomy summit as “the knowledge-based production and utilization of biological resources, innovative biological processes and principles to sustainably provide goods and services across all economic sectors.” This definition articulates that resource efficiency or replacement of fossil fuel-derived feedstock and innovations in the biotechnological perspective are the two great pillars in bioeconomy. Thus, bioeconomy adds value to biomass resources, and analysis of the economic benefits of a particular resource can be performed via a “value web.” Bioeconomy aims at uncoupling the economic growth from fossil fuel-driven industries and eventually couples it to the Sustainable Development Goals defined by the United Nations. Bioeconomy is a nascent field, and hence, the transition to a bio-based economy could be adapted by any country, irrespective of their economic status. Nevertheless, the technological limitations might play a substantial role. Circular bioeconomy, much similar to the circular economy, aims at “closing the loop” to prevent expansive and unfettered extraction of biological resources and define goals such as sustainability and environmental protection. The “zero-waste” policy of circular bioeconomy has fueled the development of waste biorefineries, microalgal biorefineries, and lignocellulosic biorefineries. Environmental protection by sustaining the regional ecological balance and watchful emission controls is deemed vital. Global inclusiveness in the development of an organization to oversee knowledge sharing, development of global testing standards, assessment of the demand and supply of bio-based products, and supporting research and development in biotechnology for commercialization will help realize the successful transition to circular bioeconomy.

主出版物標題Biomass, Biofuels, Biochemicals
主出版物子標題Circular Bioeconomy-Current Developments and Future Outlook
出版狀態Published - 2021 1月 1

All Science Journal Classification (ASJC) codes

  • 一般工程
  • 一般化學工程


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