The emergence of the Bioeconomy in 2020

In the decade that begins the world will need 50% more food, almost the same percentage of increase will occur in the need for energy, and a very high growth percentage will also be observed in terms of water demand. This growing demand will certainly cause a greater shortage of natural resources and increase their prices.

In the current refundational framework that Chile, and other countries in the region are experiencing, in which society is preparing to change the foundational bases of the economic development model to equip itself with a model that takes care of the challenges of the 2st century, ( such as the sustainable relationship with the Environment; the reduction of COXNUMX emissions; the development of clean energies, and the good use of water resources, among other challenges) break alternatives of new economic concepts of development in micro and macro , which society begins to practice in its different facets gradually.

This is the case of Bioeconomy, a theoretical concept that seeks to adapt economic processes to the symbiosis of biological ecosystems. The Bioeconomy is a new paradigm, which proposes a new development model, based on renewable resources as raw material.

This alternative for economic development is a revolution in the way in which society will obtain vital sources of carbon and energy, significantly reducing the dependence on oil in the process. At this point it differs from the Circular Economy, which is another alternative for economic development, but which contemplates oil derivatives. The Bioeconomy allows the development of products and processes based on renewable raw materials with neutral or positive environmental effects.

Industrial, agricultural and forestry activities produce flows of materials that are not used in the manufacture of their main products. These material flows contain valuable components such as sugars, proteins and fatty acids that represent raw material for the development of bioproducts through chemical, thermochemical and biological transformation processes, which are part of the bioeconomy field.

Advanced chemical processes and biotechnology will make this transformation possible, providing resources, tools and supplies in a sustainable way for the production of bioproducts.

The idea is to generate innovation in the field of economic production with the sustainable use of agricultural, forestry, marine and waste biomass, to obtain biomaterials, biofuels, advanced biotechnological products and fine chemicals, with high added value.

In short, this new economic and production concept refers to a development economy based on the good use of renewable resources to produce food, energy, products and services. The strategic objective is to radically reduce our dependence on fossil resources, preventing the loss of biodiversity and creating new economic growth aligned with the principles of sustainable development.

In the decade that begins the world will need 50% more food, almost the same percentage of increase will occur in the need for energy, and a very high growth percentage will also be observed in terms of water demand. This growing demand will certainly cause a greater shortage of natural resources and increase their prices.

In this context, the availability and good use of raw materials and the efficiency in their use will become an important factor of competitive advantage for countries, companies and industry in the near future, so a greater awareness is essential environmental and establish stricter regulatory frameworks. These will be the future pillars on which industrial production and the consumption of products and services are developed.

Source
Martín Carrillo O. - Blueberries Consulting

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