“The bioeconomy comprises those parts of the economy that use renewable biological
resources from land and sea–such as crops, forests, fish, animals and micro-organisms–to
produce food, materials and energy. It is an essential alternative to the dangers and
limitations of our current fossil-based economy and can be considered as the next wave in
our economic development. It provides major opportunities for innovation, jobs and growth
and as such will help to reindustrialise Europe.”