The bioeconomy is central to the European Union’s commitment to transitioning towards a more sustainable,
carbon-neutral future. The bioeconomy refers to the use of biological resources to produce food, materials and
energy. Valued at €2.3 trillion and representing 8.0% of the workforce, the bioeconomy is integral to achieving
Europe’s climate and environmental goals, including the Sustainable Development Goals (SDGs) and its
commitments under the Paris Agreement.
The bioeconomy offers significant potential for job creation, particularly in rural and coastal regions, while driving carbon reduction across industries and supporting nature restoration. The European Union’s political framework for the bioeconomy is built around three core priorities: sustainability, economic growth and climate action.
The bioeconomy plays a crucial role in addressing key challenges such as food security, sustainable (biogenic)
resource management and reducing dependence on non-renewable materials – helping to build strengthen the
autonomy of the European Union. In addition, the bioeconomy is instrumental in driving competitiveness and
fostering innovation and is deeply rooted in rural economies. A strong and resilient bioeconomy underpins both
the green transition and long-term environmental sustainability.
