Transitioning to a circular bioeconomy that is based on sustainably sourced renewable bioresources is key to meet the sustainable development goals. Forests, being our most important biological infrastructure, are the main source of renewable biomaterials and bioenergies and are central in achieving the new circular bioeconomy paradigm.
Rapid advances in science and technology offer potential for new sustainable business opportunities in a wide range of sectors including construction, chemicals, transport, textiles, energy and plastics. Accelerating and scaling up these innovations into market solutions require public and private investments, and a mobilized financial system. It also requires an enabling regulatory framework and a sustainable marketplace that generates long-term value through the balanced integration of natural, social and financial capital.
This special session will showcase the key contributions that the forest sector provides to the sustainable circular bioeconomy and identify options for upscaling actions to ensure an effective transition.