Circular bioeconomy: a pathway to sustainable development in an age of global crisis
The 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 risin...
| Autores principales: | , |
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
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Emerald Publishing Limited
2024
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/144219 |
| _version_ | 1855538050304573440 |
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| author | Taron, Avinandan Gebrezgabher, Solomie A. |
| author_browse | Gebrezgabher, Solomie A. Taron, Avinandan |
| author_facet | Taron, Avinandan Gebrezgabher, Solomie A. |
| author_sort | Taron, Avinandan |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The 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. |
| format | Book Chapter |
| id | CGSpace144219 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Emerald Publishing Limited |
| publisherStr | Emerald Publishing Limited |
| record_format | dspace |
| spelling | CGSpace1442192025-12-08T10:29:22Z Circular bioeconomy: a pathway to sustainable development in an age of global crisis Taron, Avinandan Gebrezgabher, Solomie A. circular economy bioeconomy sustainable development goals rural urban relations indicators public finance resource recovery resilience business models capacity development stakeholders carbon markets The 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. 2024-05-17 2024-05-31T22:16:29Z 2024-05-31T22:16:29Z Book Chapter https://hdl.handle.net/10568/144219 en Limited Access Emerald Publishing Limited Taron, 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] |
| spellingShingle | circular economy bioeconomy sustainable development goals rural urban relations indicators public finance resource recovery resilience business models capacity development stakeholders carbon markets Taron, Avinandan Gebrezgabher, Solomie A. Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title | Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title_full | Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title_fullStr | Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title_full_unstemmed | Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title_short | Circular bioeconomy: a pathway to sustainable development in an age of global crisis |
| title_sort | circular bioeconomy a pathway to sustainable development in an age of global crisis |
| topic | circular economy bioeconomy sustainable development goals rural urban relations indicators public finance resource recovery resilience business models capacity development stakeholders carbon markets |
| url | https://hdl.handle.net/10568/144219 |
| work_keys_str_mv | AT taronavinandan circularbioeconomyapathwaytosustainabledevelopmentinanageofglobalcrisis AT gebrezgabhersolomiea circularbioeconomyapathwaytosustainabledevelopmentinanageofglobalcrisis |