SÃO PAULO – In the midst of the growing climate crisis, the world can no longer rely solely on old models of economic development. In this context, the concept of a bioeconomy – activities that produce relatively little carbon, using high-value-added processes – is gaining increasing prominence. But governments and civil-society actors face differing institutional and economic obstacles on the path to a true bioeconomy.
Given historical and current global energy-consumption trends, some European and North American countries have taken seriously the goal of developing renewable energy sources. On the other hand, some countries in the Global South, where agriculture represents the main source of greenhouse-gas emissions and biodiversity loss, face the challenge of establishing a bioeconomy based on new agricultural models.
By Pedro Frizo via Project Syndicate