Bioeconomy Strategy released

//Bioeconomy Strategy released

Bioeconomy Strategy released

The UK Government has released its Bioeconomy Strategy, which outlines how the UK can become a world-leader in the bioeconomy by 2030.

The strategy, released on 5 December, seeks to double the value of the bioeconomy to the UK economy from £220 billion to £440 billion and create a fertile policy environment conducive to the growth of bio-based sector.

The strategy has four strategic goals, which are:

  • Capitalise on the UK’s world-class research, development and innovation to grow the bioeconomy;
  • Maximise productivity and potential from existing UK bioeconomy assets;
  • Deliver real, measurable benefits for the UK economy; and
  • Create the right societal and market conditions to allow innovative bio-based products and services to thrive.

You can view the strategy in its entirety on the government website, as well as the government’s response to last year’s call for evidence.

By | December 7th, 2018|Our news|0 Comments