Circular bioeconomy: a pathway to sustainable development in an age of global crisis

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cg.contributor.affiliationInternational Water Management Instituteen_US
cg.contributor.donorCGIAR Trust Funden_US
cg.contributor.initiativeNature-Positive Solutionsen_US
cg.creator.identifierAvinandan Taron: 0000-0001-6512-482Xen_US
cg.creator.identifierSolomie Gebrezgabher: 0000-0002-0620-3517en_US
cg.identifier.doihttps://doi.org/10.1108/978-1-83753-586-620241007en_US
cg.identifier.iwmilibraryH052856en_US
cg.reviewStatusPeer Reviewen_US
dc.contributor.authorTaron, Avinandanen_US
dc.contributor.authorGebrezgabher, Solomieen_US
dc.date.accessioned2024-05-31T22:16:29Zen_US
dc.date.available2024-05-31T22:16:29Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/144219en_US
dc.titleCircular bioeconomy: a pathway to sustainable development in an age of global crisisen_US
dcterms.abstractThe global economy is facing a steep challenge from volatility, risk and uncertainty associated with climate change, pandemics, regional conflicts and trade wars which are unprecedented and overlapping. These crises are leading to macro- and microeconomic imbalances. The immediate effects like rising inflation, shortage of energy and fertiliser, food insecurity, loss of jobs and poverty are looming large, leading to existential threat. It is evident that decades of progress are at risk and pursuing sustainable development goals (SDGs) requires dedicated and customised efforts by the governments and other relevant actors, especially in the low- and middle-income countries (LMICS). The concept of circular economy is considered to bring a paradigm shift by reducing the dependence on natural resource extraction and decoupling economic growth from use of natural resources. Bioeconomy is another emerging field which deals with the use of renewable biological resources such as biomass to produce renewable biofuels, bioproducts, and biopower for economic, environmental and social benefits. Circular bioeconomy (CBE) lies at the intersection and is defined as the production of recoverable biological (waste) resources and the conversion of these resources into high-value-added products, such as food, feed, bio-based products and bioenergy. It has been estimated that the economic opportunity for the sector to complement or even substitute conventional ones is estimated to be USD 7.7 trillion by 2030 for food and feed waste products, and energy. CBE is perceived as a pathway for development and has the potential to target different SDGs directly like 6, 7 and 12 and SDGs 2, 3, 11, 12, 13 and 15 indirectly. This study explores the linkages of CBE with the SDG goals and provides recommendations to stimulate the sector.en_US
dcterms.accessRightsLimited Accessen_US
dcterms.bibliographicCitationTaron, Avinandan; Gebrezgabher, Solomie. 2024. Circular bioeconomy: a pathway to sustainable development in an age of global crisis. In Chatterjee, T. (Ed.). International trade, economic crisis and the Sustainable Development Goals. Leeds, UK: Emerald Publishing Limited. pp.99-117. [doi: https://doi.org/10.1108/978-1-83753-586-620241007]en_US
dcterms.extentpp.99-117.en_US
dcterms.issued2024-05-17en_US
dcterms.languageenen_US
dcterms.licenseCopyrighted; all rights reserveden_US
dcterms.publisherEmeralden_US
dcterms.subjectcircular economyen_US
dcterms.subjectbioeconomyen_US
dcterms.subjectsustainable development goalsen_US
dcterms.subjectrural urban relationsen_US
dcterms.subjectindicatorsen_US
dcterms.subjectpublic financeen_US
dcterms.subjectresource recoveryen_US
dcterms.subjectresilienceen_US
dcterms.subjectbusiness modelsen_US
dcterms.subjectcapacity developmenten_US
dcterms.subjectstakeholdersen_US
dcterms.subjectcarbon marketsen_US
dcterms.typeBook Chapteren_US

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