Post on 05-Oct-2020
3RD APRIL 2019
WBCSD – BioeconomyMontreux LD
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: Bioeconomy definition & relation to CE
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
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Bioeconomy workstream integrated into current Factor 10 projects
WBCSD
Circular
Economy
Projects
CE Hub
Plastics
Factor 10
Factor
10
AutomotiveBio
economy
Built
environmentE-Waste
FSGMetrics
Policy
Source: WBCSD; BCG analysis
Project background &
progress update
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Based on your
insights,
bioeconomy
workstream will
be a success, if
WBCSD…
Creates tangible outcomes, e.g. CEO guide
Supports collaborations across industries & along the value chain
Helps to overcome existing barriers
Provides a clear definition, structure & framing of concept
Showcases successful business case examples
Provides a platform to advance technologies
Source: WBCSD; BCG analysis
Project background &
progress update
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We are currently at the end of the preparation phase
02/19
12 months
Preparation Phase
Kick-off concept note
Phase 1
In-depth review of the bioeconomy
Phase 2
Finalization and implementation
4 months
Key meetings
Launch
Key activities
• Analysis of bioeconomy definition, its
link to Circular Economy, barriers and
the current landscape through:
• 2 month of desk research to evaluate
existing reports & data
• 11 in depth interviews to incorporate
WBCSD member's opinion
• 20 survey participants to provide
views on concept
• Background research for Montreux
discussions
• Development of three different workstreams to support
progress of the concept
• Focus on specific topics such as (tbd in Montreux):
– Successful business case examples
– Best practices
– Barriers
– Pilot
– Metrics & tools
2 months04/19 05/19 05/20 06/20 09/20
• Integration of findings and results from
workstreams
• Development of comprehensive guide for
WBCSD members
Montreux LD (03/04/19)
Lisbon CM(13-16/10/19)
Montreux LD (tbd)
Source: WBCSD; BCG analysis
Workshop 2(August 2019)
Today
F10 call(27/03/19
Project background &
progress update
WS 1: World CE Forum (06/06/19)
De-brief call(18/04/19)
Workshop 3(tbd)
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Individuals from 11 companies interviewed Survey filled out by 13 additional companies
24 companies involved in interviews and surveys to incorporate multiple views
Source: WBCSD; BCG analysis
Project background &
progress update
Note: In total 20 individuals filled out survey, one anonymously
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: Bioeconomy definition & relation to CE
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
7
Proposed WBCSD bioeconomy definition
Bioeconomy describes the sustainable production and utilization of
biological renewable resources and aims at complementing or
substituting existing fossil-based and non-renewable materials to
support a shift to a circular, low-carbon economy that meets society's
current and future needs for food, goods and energy
Definition of bioeconomy
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Definition identified based on four common elements of survey & interview results
Complementation or
substitution of existing fossil-
based and non-renewable
materials to support a shift to a
low-carbon economy
Bioeconomy describes the sustainable production and utilization of biological renewable resources and
aims at complementing or substituting existing fossil-based and non-renewable materials to support a
shift to a circular, low-carbon economy that meets society's current and future needs for food, goods
and energy
Production and utilization of
biological renewable resources
& waste streams
Source: WBCSD; BCG analysis
Sustainably meet society’s
current and future needs for
food, goods and energy
Enabler for & link to the
Circular Economy
Definition of bioeconomy
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Current biological part
of Circular Economy
Future substitution of non-
renewable materials
Non-circular
incineration of biofuels
WBCSD to focus on innovative circular bioeconomy part
Source: WBCSD; BCG analysis
Proposed project focus ensuring
no double work with existing ones
Definition of bioeconomy
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Bioeconomy concept consist of materials that are currently circular, substitute non-renewable materials or are not circular
Source: WBCSD; BCG analysis
• Use of renewable, biological materials
as biomass to create products and
services
• These can be circulated through for
example recycling and/or are bio-
degradable
• Therefore, the nutrients are returned
to the soil at the end of their lifetime
Current biological part of
Circular Economy
• Substitution of current fossil-fuel based,
non-renewable materials through
innovation and the development of new
types of materials
• The developed materials are optimally
circular itself as they can be circulated
through e.g. recycling and/or are
biodegradable at the end of their
lifetime
Future substitution of
non-renewable materials
• Incineration of biofuels as energy
source releases the materials &
nutrients into the biosphere
• As materials can not be circulated and
are also not returned to the soil, this
part of the bioeconomy is considered
non-circular
Non-circular incineration
of biofuels
Definition of bioeconomy
Backup
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Common misperceptions: Bioeconomy is not by nature circular or sustainable, nor are all its products necessarily biodegradable
Common view: Biological resources are
embedded in the natural biological cycle,
which is regenerative by design.
Using biomaterials is therefore viewed as
being circular by definition. However, some
materials either need long periods to
biodegrade, thus disturbing the nutrient
cycling, or are incinerated.
Therefore, the use of biological materials is
not necessarily circular.
Non-biodegradable bioplastics, such as bio-
PET, face the same end-of-life challenges as
conventional plastics: They need to be
appropriately collected and recycled in order
to prevent resource loss and CO₂ emissions,
and to prevent land and marine pollution.
The use of such bio-based plastics on an
industrial scale should thus be linked to
innovation and regulation efforts to improve
the collection, reuse and recycling of
plastics.
Bioeconomy does not automatically pay more
attention to social and environmental
dimensions than the current fossil-fuel
economy.
Trade-offs between biomass production and
ecosystems services (food, biodiversity,
recreation, water, etc.) need to be
integrated into bioeconomy strategies to
avoid negative side-effects and avoid
resource exploitation.
Bioeconomy is circular
by nature
All bio-based materials are
biodegradable
Bioeconomy does per se imply
sustainability
Source: WBCSD; BCG analysis
Definition of bioeconomy
Backup
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Overview of sustainable bioeconomy and its circular and non circular elements
Non circular/to be minimized Circular
Physical processes
Thermochemical processes
Chemical processes
Biotechnological processes
Note: Organic recycling includes wastewater treatmentSource: WBCSD; BCG analysis
Ecosystem (Land, Forest, Marine)
Sustainable biomass production
Biomass processing
Chemicals
Fibers and polymers
Bioenergy
Produce and livestock
Materials
Water &
land use
Pesticides
&
chemicals
Landfill (non-
biodegradable)
Incineration
of fuels
End-use
Organic
recycling
Organic
recyclingRe-use
Re-manufacture
Biodegrade (within month/weeks)
Re-composite
Organic recycling
Re-composite
Organic recycling
(Renew.)
energy
Backup
Definition of bioeconomy
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
5 min Recap: Bioeconomy definition & relation to CE
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Bio-economy initiatives: Opportunity for WBCSD F10 BE to become a global unifying business platform and voice for sectors along bioeconmy value chains
National
Regional
Global
Level of
reach
TypePublic/private
collaboration &
coordination programs
Research &
innovation
centers
Industry
associations
Sector
platforms
International
Bioeconomy
Forum (IBF)
Public/private
funding bodies &
incubators
WBCSD role
Source: WBCSD; BCG analysis
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WBCSD with clear
role to play in
bioeconomy sector
Deep dives for program
to be discussed today
Three key differentiation opportunities for WBCSD
Provide unique perspective:• Global reach
• Unique private sector perspective across different industries
and value chains
Support overcoming existing barriers:• Policy support
• Investment & operational costs
• Technological developments
• Scaling-up of production
• Public perception of concept
Bundle comprehensive knowledge:• FSG
• Food Waste and Loss working group
• FReSH
• F10 metrics & policy workstreams
WBCSD role
Source: WBCSD; BCG analysis
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• ~50 countries with dedicated or
developing bioeconomy strategies
• Main focus on capacity building &
education, promoting innovation
and supporting infrastructure (e.g.
through R&D investment)
• Multilateral organizations,
European Commission, individual
authors & scholars offer wide
range of publications on
bioeconomy across industries
• Multitude of initiatives with
different geographic focus and
level of reach
• Concentration on national and
regional initiatives across
European countries
• Bioenergy, biofuels, biorefinery
and biotechnology primary focus
areas
Bioeconomy policies Bioeconomy reports Bioeconomy initiatives
We analyzed the bioeconomy landscape via three lenses
Current
state
Identified
gaps
• Gaps identified regarding
bioeconomy friendly framework
conditions (e.g. removal of fossil
fuel subsidies), international
collaboration and knowledge
sharing
• Globally, CEO-level & industry
focused publication with insights
across biomass feedstock and end-
user industries missing
• Also, scarce information regarding
future potential of overall
bioeconomy
• Less coverage of biopharma
• Unifying global platform across
sectors currently missing
Source: WBCSD; BCG analysis
Backup
WBCSD role
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Detailed analysis of three lenses in pre-read document
Bioeconomy policies Bioeconomy reports Bioeconomy initiatives
Details see page 41 Details see page 51 Details see page 56
Source: WBCSD; BCG analysis
Backup
WBCSD role
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Current policies often
support fossil-fuel materials
through e.g. subsidies
Lack of supportive policies
for bioeconomy
Investment costs restrictive
due to required research &
development
Input materials with higher
general costs
Technology not offering low
cost opportunities yet
Technologies for production
of some bio-based products
already exist, but
innovations in many areas
required
Scaling-up or scaling-down
of many technologies
currently not possible
Material availability,
technologies and
experience compared to
existing alternatives
hindering scaling-up
of concept
Land-use challenge,
perception of Genetically
Modified Organisms (GMO)
and consideration of trade-
offs for biomass use impede
full embracement of
concept
Missing sense of urgency to
change current practices
and unawareness about link
to climate agenda
Policy support
Investment &
operational costs
Technological
developments
Scaling-up
of production
Public perception
of concept
Five key barriers prioritized based on survey results & interviews
AEC D
B
Source: WBCSD; BCG analysis
Backup
WBCSD role
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
5 min Recap: Bioeconomy definition & relation to CE
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Seven deep dive possibilities to be discussed during break out session
• Provide narrative
for Members
• Align on concept
understanding
• Analyze
opportunities to
increase volume of
BE products
• Identify successful
business cases,
models & existing
technologies
• Evaluate business
potential & value
streams within BE
• Analyze main
reasons for
existing public
opinion of BE
• Evaluate benefits
& inherent value
of BE to improve
perception
• Identify potential
communication
messages &
channels to alter
perception
• Analyze existing
policies hindering
BE
• Develop new
policies to
support BE
• Assess feasibility
of policy changes
• Reach out to
potential target
audiences
• Link to F10 policy
workstream
• Evaluate current
technology gaps
• Identify existing
technologies to
support scaling
up of concept
• Assess potential
collaboration
opportunities
• Engage different
stakeholder
groups to develop
joint technology
sharing platform
• Assess reason for
price differences
between BE
products and
current
alternatives
• Identify main
cost elements &
options to
decrease them
• Evaluate inherent
value/benefit of
BE products &
options to market
them
• Identify
collaboration
opportunities for
join project
development
• Develop specific
project that
showcases Be
possibilities
• Support existing
initiatives, such
as Nutrient
Upcycling
Alliance
• Identify existing
tools for BE
• Assess main
metrics that are
necessary for BE
business
development
• Develop new
metrics and tools
to support BE
engagement
• Link to F10
metrics
workstream
Narrative of
Bioeconomy Pilot Metrics & tools
Source: WBCSD; BCG analysis
• CEO Guide
• Narrative
• Webpage
• Short publication
• Webpage
• Short publication
• Engagement
campaign
• Collaborative
platform
• Online database
with existing
technologies
/companies
• Collaborations
• Member Guide
• Webpage
• Publication
• Project plan
• Collaborative
platform
• Lighthouse
project
• Online database
of existing tools
• Online tools/
metrics
• Policy
recommendation
• Hand-out for
engagement
options for
businesses
Desc
ripti
on
Poss
ible
outc
om
es
Barrier:
Public
perception
Barrier:
Policy to scale
up
Barrier:
Technology to
scale up
Barrier:
Business case to
scale up
Deep dive possibilities
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
5 min Recap: Bioeconomy definition & relation to CE
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Organization of break out session
Introduction break out session & setting up
groups of 5-7 people5min.
Prioritization of deep dives by interest &
WBCSD's capacity to deliver• Which deep dives are most important to you?
• Where do you think the WBCSD can provide the
highest value?
15min.
Discussion of top two deep dives regarding
main outcomes • What are your main goals of the two deep dives
with the highest priority?
• What are the most valuable specific outcomes?
15min.
Short presentation regarding reasoning for
priorities by each group10min.
Source: WBCSD; BCG analysis
Break out session
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Please prioritize deep dives based on your interest & WBCSD's capacity to deliver
Interest
WBCSD’s
capacity
to deliver
Mediu
mH
igh
Medium High
Low
Low
Source: WBCSD; BCG analysis
Break out session
Please use the numbered
post-its to stick to the matrix
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Seven deep dive possibilities to prioritize
• Provide narrative
for Members
• Align on concept
understanding
• Analyze
opportunities to
increase volume of
BE products
• Identify successful
business cases,
models & existing
technologies
• Evaluate business
potential & value
streams within BE
• Analyze main
reasons for
existing public
opinion of BE
• Evaluate benefits
& inherent value
of BE to improve
perception
• Identify potential
communication
messages &
channels to alter
perception
• Analyze existing
policies hindering
BE
• Develop new
policies to
support BE
• Assess feasibility
of policy changes
• Reach out to
potential target
audiences
• Link to F10 policy
workstream
• Evaluate current
technology gaps
• Identify existing
technologies to
support scaling
up of concept
• Assess potential
collaboration
opportunities
• Engage different
stakeholder
groups to develop
joint technology
sharing platform
• Assess reason for
price differences
between BE
products and
current
alternatives
• Identify main
cost elements &
options to
decrease them
• Evaluate inherent
value/benefit of
BE products &
options to market
them
• Identify
collaboration
opportunities for
join project
development
• Develop specific
project that
showcases Be
possibilities
• Support existing
initiatives, such
as Nutrient
Upcycling
Alliance
• Identify existing
tools for BE
• Assess main
metrics that are
necessary for BE
business
development
• Develop new
metrics and tools
to support BE
engagement
• Link to F10
metrics
workstream
Narrative of
Bioeconomy Pilot Metrics & tools
Source: WBCSD; BCG analysis
• CEO Guide
• Narrative
• Webpage
• Short publication
• Webpage
• Short publication
• Engagement
campaign
• Collaborative
platform
• Online database
with existing
technologies
/companies
• Collaborations
• Member Guide
• Webpage
• Publication
• Project plan
• Collaborative
platform
• Lighthouse
project
• Online database
of existing tools
• Online tools/
metrics
• Policy
recommendation
• Hand-out for
engagement
options for
businesses
Desc
ripti
on
Poss
ible
outc
om
es
Barrier:
Public
perception
Barrier:
Policy to scale
up
Barrier:
Technology to
scale up
Barrier:
Business case to
scale up
1 2 3 4 5 6 7
Break out session
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Agenda of today’s workshop
10 min Project background and progress update
5 min Recap: WBCSD role
10 min Next steps
Source: WBCSD; BCG analysis
10 min Deep dive possibilities
45 min Break out session in groups to discuss deep dives
5 min Recap: Bioeconomy definition & relation to CE
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All r
ights
rese
rved.Upcoming
meetings for bioeconomydeep dive
De-brief call April 18th, 2 p.m.
2nd Workshop August, exact date & time tbd
Lisbon CM October 13-16th
Source: WBCSD; BCG analysis
1st Workshop during World Circular Economy Forum, HelsinkiJune 6th, time tbd
Next steps
27
Backup Slides – Pre-read document
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Backup SlidesProject background and progress update
Bioeconomy definition & relation to CE
Identified barriers
WBCSD role & deep dive possibilities
Landscape analysis
Source: WBCSD; BCG analysis
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Current "take-make-
dispose" mentality &
reliance on fossil fuels
threaten needs of growing
population
Bioeconomy as economic
growth model relying
entirely on renewable
resources
Competition for land, soil
erosion and water use as
examples for complex
trade-offs and challenges
within bioeconomy
New bioeconomy workstream
to analyze current economic
opportunities & risks and
identify suitable business
models to scale-up
bioeconomy
Fossil fuel reliance
no longer sustainable
Bioeconomy provides
promising alternative
F10 workstream to
provide guidance
Sustainability trade-
offs to be considered
WBCSD to support shift from fossil fuel economy to circular bioeconomy through new F10 workstream
Source: WBCSD; BCG analysis
Project background &
progress update
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Collaboration between WBCSD, its members & BCG to ensure success
Source: WBCSD; BCG analysis
Constant
alignment &
mutual support
Analytics and Data
• Provide relevant market data
• Structure data requests and
expert interviews
• Conduct research & analyses
Expertise
• Bring in additional data and
best practices
• Include BCG topic experts
Communication
• Prepare presentations
• Lead alignment meetings
• Prepare interviews
WBCSD members/
FSG
Information
• Efficiently provide available
information and data from
research
• Provide access to key
stakeholders & experts
• Support preparing research
data for analysis
Motivation
• Ensure time commitment
from team
Involvement
• Regular touch points with BCG and
timely feedback for alignment
Project background &
progress update
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Backup SlidesBioeconomy definition & relation to CE
Identified barriers
WBCSD role & deep dive possibilities
Landscape analysis
Source: WBCSD; BCG analysis
Project background and progress update
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Many different definitions used by organizations across the world Selected, non-exhaustive examples of definitions
Source: BBSRC—Bioscience for the future; WBCSD; BCG analysis
Definition by Global Bioeconomy Summit often used … … but many other similar definitions exist
Bioeconomy as the knowledge-based
production and utilization of biological resources, innovative
biological processes and principles to sustainably provide goods
and services across all economic sectors
Definition used at the Global Bioeconomy Summit 2015
FAO uses the GBS definition and specifies three
elements
All economic activity derived from bio-based products and
processes which contributes to sustainable and resource-efficient
solutions to the challenges we face in food, chemicals, materials,
energy production, health and environmental protection
Chair of the UK’s three bioscience leadership councils
Bioeconomy as the set of economic activities in which
biotechnology contributes centrally to primary
production and industry
OECD
Bioeconomy is defined as the production and utilization
of biological resources (including knowledge) to provide products,
processes and services in all sectors of trade and industry within the
framework of a sustainable economy
Bioeconomy Council
Sustainable Bio-Economy: Lead the transition to a low-carbon and
Circular Economy through the supply of renewable products from
sustainable working forests to substitute fossil-based materials
WBCSD FSG
• The use of renewable biomass and efficient bioprocesses to achieve
a sustainable production
• The use of enabling and converging technologies, including
biotechnology
• Integration across applications such as agriculture, health and
industry
1
2
3
Definition of bioeconomy
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Scope and definitions vary by country
1. German Bioeconomy Council (2016)Source: Bioeconomy Policy (Part III) Update Report of National Strategies around the World (German Bioeconomy Council 2018); WBCSD; BCG analysis
Defined concept of the (sustainable) "forest-based bioeconomy"
Bioeconomy contribution closely linked to Circular Economy
Bioeconomy relate more strongly to concepts of high-tech innovation
• "industrialization of biology"
• "synthetic biology strategy"
• "biologization of economy" or "biological transformation of industry"
Knowledge-based production and utilization of biological resources, innovative biological
processes and principles to sustainably provide goods and services across all economic sectors1
Selected examples
"Blue bioeconomy" - Potential of marine resources (e.g. algae, seaweed, by-products from
fisheries & aquaculture), marine compounds (including enzymes, polymers and carbohydrates)
Definition of bioeconomy
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WBCSD members with varying focus in three areas regarding definition
Note: BE=Bioeconomy, CE=Circular EconomySource: WBCSD; BCG analysis
Definition of bioeconomy
Based on exclusion of industries like
bioenergy, livestock and pharmaceuticals
by the US
Exclusion of certain industries
Majority of interviewees favor inclusion
of all sectors
Inclusion of
all sectors
Exclusion of energy,
pharma, livestock,
food & feed
Inclusion of
social capital
Pure material
focus
Inclusion of social aspects throughout the
value chain versus a pure material focus
Inclusion of social capital
No clear preference within interviews,
mentioning of "sustainable" within
proposed definition
Different interpretations of common and
divergent elements of both concepts
Relation to Circular Economy
• BE is more than CE
• BE is part of CE
• Bio-based materials by definition
circular
• Not all bio-based material being
biodegradable
BE considered enabler of CE, ultimate
goal circular bioeconomy
Description
Interviewee
opinion
Result
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35
Additional comments:
• Bioeconomy is not ‘one size fits
all’ but will vary depending on
location, infrastructure,
logistics, resources etc.
• Achieving sustainable
agriculture and Circular
Economy
• Low carbon circular solutions
• Exploring new investment
models to support the bio-
economy transitions
• Relationships with Circular
Economy
• More clear consideration of
impacts on biodiversity and
clear understanding that the
way we use land/forests has
very significant impact on
carbon sequestration and a total
carbon footprint
• Inclusion of (rural) communities
by ensuring policy tools to
promote business models that
include benefit sharing across
the value chain
Survey participants consider three elements most important
100800 6020 40
Considering social and societal aspects
along the whole supply chain
Production and utilization of biological
renewable resources & waste streams
Sustainably meet society’s current and future needs
for food, energy, goods and industrial processes
% of total respondents
Substitution of existing fossil-based
and non-renewable materials to support
a shift to a low-carbon economy
Other elements
Transformation and growth opportunities
based on product, process and
business model innovations
Relevance for all economic sectors
Acting as accelerator of current economic levels
by providing new and innovative materials
Sustainable and renewable provision
of goods & services
Very important Important Moderately important Not importantSlightly important
Source: WBCSD; BCG analysis
Please rate the following elements based on their importance to be included in WBCSD’s definition of the bioeconomy
Definition of bioeconomy
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Interviewed WBCSD members' definition mostly in line with EU definition
Industry Sub-segment EU definition US definition WBCSD members Comment WBCSD members
Agri- & aquaculture Feed
Agriculture for most of the
interviewed members part of the
definition
Food, beverages & food additives
Livestock
Pesticides
Crop & plant production
Chemicals & pharma Biochemicals -
Biopharma -
Health care/cosmetics -
Forestry Paper, pulp & wood -
Textiles Fibers -
Automotive Vehicles Mostly all sectors considered to be
potentially relevant
Tires -
Construction Building materials Mostly all sectors considered to be
potentially relevant
Consumer Beauty care & household products -
Furniture Mostly all sectors considered to be
potentially relevant
Tobacco Not specifically in- or excluded
Packaging Cardboard / Cartons / Plastics -
Utilities, waste & water Bioenergy & -fuels Divergent opinions
Waste water Relevant due to nutritious content
Excluded IncludedLegend:
Note: Sub segments non exhaustiveSource: USDA; EC; WBCSD members' interviews; WBCSD; BCG analysis Not specified /
divergent opinions
Definition of bioeconomy
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Bioeconomy and Circular Economy concepts have largely been developed separately, and need to be connected to reinforce each other
The Circular Economy is an economic model that is
regenerative by design. The goal is to retain the value
of the circulating resources, products, parts and
materials by creating a system with innovative
business models that allow for long life, optimal
(re)use, renewability, refurbishment, remanufacturing
and recycling. By applying these principles, companies
can collaborate to design out waste, increase resource
productivity and maintain resource use within
planetary boundaries
A bioeconomy offers the possibility to substitute
fossil-based, non-renewable and non-biodegradable
materials with renewable, bio-based and often
biodegradable solutions, that in many cases also offer
new innovative functions that circularity alone cannot
offer
Definitions often focus only on production and
utilization of biological resources, therefore the
inputs and beginning of the value chain
Bioeconomy Circular Economy
Bioeconomy can help to establish an economy that is less
dependent on non-renewable resources, more easily
circular, recyclable and less polluting, thus being an enabler for the Circular
Economy
Circular Economy can help to make the bioeconomy more
resource efficient and restorative in nature
Source: WBCSD members' interviews; WBCSD; BCG analysis
Key challenge to
showcase that BE
can be more – but
optimal solution is
circular BE
Definition of bioeconomy
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Bioeconomy substitutes non-renewable materials of the Circular Economy, but is not fully circular itself
Collection
Source: WBCSD; BCG analysis
Retails and service provider
Product manufacture
3 Non circular part1 Biological part of CE
2 Extension of CE
Innovations to substitute
required non-renewable
materials
Biogas
Biological materials
Soil restoration
Anaerobic digestion and
composting
Farming and collection
Biochemical feedstock
Refurbish and
remanufacture
Maintain
Non-renewable
materials
Consumer
Mining and materials
manufacturing
Materials and parts
manufactured
Definition of bioeconomy
Processing
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Industrial waste
General material and production flow in the bioeconomy
1. Except wood products, e.g., fiber cement Source: WBCSD; BCG analysis
Household/end-user waste
Bioelectricity
Furniture
Pulp & paper products
Textiles
Beverages
Tobacco
Animal feeds
Plastic packaging
Food & food additives
Biofuels
Pharmaceuticals
Dyes (pigments, paints & coatings)
Apparel
Leather
Rubber products (e.g. tires)
Wood products (except furniture)
Household & consumer goods
Vehicle components
Plastic products
Building materials1
Crops & plants
Bacteria & Fungi
Agricultural waste
Agriculture
Wood
Seeds
Forestry waste
Forestry
Fishery & by-catch
Algae & seaweed
Aquacultural waste
Aquaculture
Produce & livestock• Fruits, vegetables, sugar,
eggs, milk, meat
Bioenergy• Ethanol, Diesel, Wood fuel
Materials• Wood fiber materials, Latex,
Tree gum, Pulp
Chemicals• Lubricants, Surfactants, Enzymes
Fibers & polymers• Fibers, Biopolymers; structural &
functional polymers, Elastomers,
Biocomposites
Production of bio-based
products:
Sustainable feedstock
production: Biomass processing:
Definition of bioeconomy
Proportion of boxes indicative for respective volumes in EU (Animal feeds (~45%), food & food additives(~15%), Biofuels & - electricity (~20) & respective biomass processing categories downsized for visual to allow smaller categories (>1%) to appear in diagram)
Work in progress
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Backup Slides
Identified barriers
WBCSD role & deep dive possibilities
Landscape analysis
Source: WBCSD; BCG analysis
Project background and progress update
Bioeconomy definition & relation to CE
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~50 countries around the world already have a (dedicated) bioeconomy strategy or are currently developing one
Note: be = bioeconomySource: Adapted from Bioökonomierat (2018); “Internationale Bioökonomiestrategien"; WBCSD; BCG analysis
Dedicated be-strategy is under developmentBe-related strategy; dedicated be-strategy is under developmentBioeconomy-related strategyDedicated bioeconomy strategy
How the world is gravitating towards bioeconomy policy
Turkey
Sweden
United States
Greenland
South Africa
Japan
Malaysia
IcelandFinland
United Kingdom
SenegalMali
NigeriaColumbia
Mexico
Canada
Brazil
Paraguay
Argentina Uruguay
Namibia
Mozambique
Tanzania
Kenya
Uganda
India
Sri Lanka
Russian Federation
China
Korea
Thailand
Indonesia
Australia
New Zealand
Norway
Luxembourg
Denmark
IrelandLithuania
Austria
Belgium
France
Germany
ItalySpainPortugal
Estonia
Policies
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However, only few of those with quantified targets: No specific action plan in the Americas under review
Country Policy documents (year) Definition of bioeconomy Priority area (e.g. sectors, technologies) Action plan and quantitative goals?
Argentina • Bioeconomía Argentina (2017) Production and utilization of goods and
services based on biological resources,
processes and principles
• Food security, new biomass feedstock
resources (non-food crops, residues
from forestry and agriculture, side-
streams from food industry),
biorefineries, bioeconomy Innovation
in precision agriculture, conversion of
biotechnologies, bioenergy,
biopharmaceuticals
• Plan Provincial de Bioeconomía (2016)
• Argentina Innovadora 2020 (2012)
Brazil • Estratégia Nacional de Ciência, Tecnologia e
Inovação 2016 –2019 (2016)
Generation of innovative products and
services based on the country’s natural
resources and ecosystem services; set of
economic activities related to the
invention, development, production and
use of biological products and/or processes
for the production of renewable energy,
materials and chemicals
• Water, agrifood, energy,
biotechnologies and
biobased processes for conversion of
bioresources into biofuels,
biocomposites and other higher value
biobased products
• Scaling up the low carbon bioeconomy: An
urgent and vital challeng (2017)
• Plano Decenal de Expansão de Energia 2023
(2014)
• PAISS (2012)
• Biotechnology Strategy (2007)
Canada • A Forest Bioeconomy Framework for Canada
(2017)
All economic activities that focus on
converting forest-based resources into
traditional forest products (pulp, paper,
lumber) and new high value products
services (biofuels, biochemicals, advanced
building materials)
Sustainable use of domestically produced
renewable aquatic and terrestrial biomass
for fuels, products, power
• Bioenergy, biofuel, renewable energy,
new industrial applications
• Strategic Plan for a Thriving and Sustainable
Bioeconomy (2016)
US • Billion Ton Bioeconomy Vision (2016) Sustainable use of domestically produced
renewable aquatic and terrestrial biomass
for fuels, products, power
• Bioenergy, biofuel, renewable energy,
new industrial applications• Federal Activities Report on BE (2016)
• Strategy for American Innovation (2015)
• The Farm Bill (2014)
• The Bioeconomy Blueprint (2012)
Policies
Yes No
Regio
n:
Am
eri
cas
Non exhaustive
Source: WBCSD; BCG analysis
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Also, in Asia-Pacific two countries without quantitative targets
Country Policy documents (year) Definition of bioeconomy Priority area (e.g. sectors, technologies) Action plan and quantitative goals?
Australia • Queensland Biofutures 10-Y-Roadm.& Action Plan (2016) NA • Biofuels, biochemicals, bioplastics,
composite biomaterials from
agricultural and algae feedstock,
organic and biogenic waste
resources
Sustainable export-oriented industrial biotechnology & bioproducts sector
worth AUD 1B by 2026 (~$780M)• National Marine Science Plan 2015–2025 (2015)
• Nat. Collab. Research Infrastructure Strategy (2013)
• Opportunities for Primary Industries in the Bioenergy
Sector: National Research, Development and Extension
Strategy (2011) + Workplan (2014)
• Strategic Roadmap for Australian Research
Infrastructure (2011)
• Building a Bioeconomy in South Australia (2011–2015)
China • 13th Five-Year-Plan for Economic & Social Development NA • Biopharma, biomedicine (traditional
Chinese medicine), bioenergy,
biotechnology, biodiesel,
bioethanol, recycling technology
• 13th FYP for Science, Technology and Innovation (2016)
• 13th FYP for Strategic Emerging Industries (2016)
• 13th FYP on Bioindustry Development (2016)
• 12th FYP on Bioindustry Development (2012)
• 12th FYP (2011-2015) on Agricultural Science and
Technology Development (2012)
• 12th FYP for Nat. Strategic Emerging Industries (2012)
New
Zealand
• Primary Sector Science Roadmap – Te Ao Turoa (2017) Set of economic activities
relating to the invention,
development, production
and use of biological
products and processes
• Biosecurity, genetics, advanced
nutrient, soil & water management,
indigenous knowledge,
biorefineries, plant-based proteins,
• Biological Industries Research Fund (2013)
• Business Growth Agenda (2012)
• Bioenergy Strategy (2010)
Thailand • Bioeconomy Roadmap in 2017 Covers economic sectors of
bioenergy, biochemicals,
food and feed for the future
as well as
biopharmaceuticals
• Biotechnology, biorefinery based on
local feedstock,
biopharmaceuticals, functional
foods, advanced vaccines
Within 5 years: Boost R&D expenditure to 4% of GDP, increase economic growth to 5 – 6%, reduce social disparity by ~23% by 2032, min. Thai universities amongst world’s top 100 higher education institutions in 20 years10-year action plan: investment of private & public stakeholders of $11.8B, agriculture % in GDP to double in 10 years, added value of sugar cane increase to ~$97k pa, added value of cassava increase to ~$32k pa, sugarcane & cassava industries to create +300,000 & 500,000 new jobs in10 years, increase investment in biopharmaceuticals to ~$3.2B, increase export of biopharma products to ~$ 2.4B in next decade, creating 20,000 new jobs in R&D, GHG reduction targets
• Thailand 4.0 program (2015)
• National Biotechnology Policy Framework (2004–11;
2012–21)
• Alternative Energies Development Plan 2012–21
• BioPlastics Roadmap (2008)
Policies
Yes No
Regio
n:
Asi
a/Pacif
ic
Non exhaustive
Source: WBCSD; BCG analysis
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Similar observation across Europe though generally more BE targeted – WBCSDcould unite member companies in a clear commitment towards bioeconomy
Country Policy documents (year) Definition of bioeconomy Priority area (e.g. sectors, technologies) Action plan and quantitative goals?
France A Bioeconomy Strategy for France (2017) Range of activities linked to production, use and
processing of bioresources
• Precision farming, agroecology, utilization of
waste resources and residues from primary
industries, biorefinery
Five areas of action
• Improvement of knowledge, raising of public awareness on
bioeconomy and biobased products, promotion of the
demand and supply side, sustainable production and
utilization of biobased resources, new financing mechanisms
Stratégie nationale de transition écologique vers
développement durable (2014)
France Europe 2020” (2013)
The new face of Industry in France (2013)
National Biodiversity Strategy 2011-20 (2011)
Italy Bioeconomy in Italy: A unique opportunity to reconnect
economy, society and environment (2017)
Integration of sustainable production of renewable
biological resources and conversion of these
resources and waste streams into value-added
products such as food, feed, biobased products,
bioenergy
• Agriculture, forestry, agri-food sector, marine
bioeconomy, biobased industries, green/plant-based
chemistry, next gen biofuels, bioplastics,
biopharmaceuticals, cosmetics, biobased building
materials, biofertilizers, biolubricants and essential
amino acids for feed production
Latvia Latvian Bioeconomy Strategy 2030 (LI-BRA) (2017) Sustainable utilization of renewable natural
resources (plants, animals, micro-organisms) for
producing food, feed, industrial products, energy
Also refers to promotion of biobased services in
construction, catering, accommodation sectors
• Primary industries (agriculture, forestry, fisheries) for
innovative plant and animal breeding technologies,
manufacturing, e.g., food and feed, wood, chemical,
pharmaceutical, textile, biorefinery
• Employment in bioeconomy should increase by 128,000
employees by 2030, added value of biobased products should
increase up to at least €3.8B by 2030, bioeconomy-related
exports should be boosted to at least €9B by 2030
Norway Familiar resources—undreamt possibilities (2016) Sustainable, effective and profitable production,
extraction and use of renewable, biological
resources for food and feed, health products,
energy, industrial materials, chemicals, paper,
textiles and numerous other products
• Biorefinery development in food and wood industry,
biotechnology, nanotechnology and ICT,
biopharmaceuticals and food ingredientsResearch Programme on Sustainable Innovation in Food and
Biobased Industries (2012-2022)
National Strategy for Biotechnology (2011)
Marine Bioprospecting—a Source of New and Sustainable
Wealth Growth (2009)
Spain Extremadura 2030 (2017) Set of economic activities based on products and
services, generating economic value, making
efficient and sustainable use of resources of
biological origin as fundamental elements
• Agri-food, forestry, wood processing, wood
composites, clean energy, green tourism, health
sectors, reuse and recycling technologies,
biorefineries & bioenergy, biopharmaceuticals,
biochemicals, biomass from non-
conventional sources
• Total bioeconomy budget of €1.1B, 2016: Available funds
estimated to add up to €230M, publication of annual action
plans at the beginning of each financial yearHorizon 2030 (2016)
UK Biodesign for the Bioeconomy (2016) Economic activity derived from utilizing biological
resources or bioprocesses to produce products such
as food, feed, materials, fuels, chemicals, biobased
products and bioenergy
• Sustainable materials, chemicals, energy, second and
higher gen. biorefinery, biotechnology, anaerobic
digestion, biocatalysis, algal cultivation, chemical
processing, thermochemical processing
Building high value BE: Opportunities from waste (2015)
Biorefinery Roadmap Scotland (2015)
Science and Innovation Strategy for Forestry (2014)
Agri-tech Industrial Strategy (2013)
High-value Manufacturing Strategy (2012)
UK Bioenergy Strategy (2012)
Natural Environment White Paper (2011)
UK Biomass Strategy (2007)
Policies
Yes No
Euro
pe
Non exhaustive
Source: WBCSD; BCG analysis
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National policy measures for promoting bioeconomy particularly strong in capacity building, stimulating R&D and infrastructure …
Americas Asia/Pacific Europe
Key points Practical and proposed policy measures Argentina Brazil Canada USA Australia China New Zealand Thailand France Italy Latvia Norway Spain UK
Promoting
innovation
• Public R&D
• Traditional knowledge and low-tech innovations
• Stimulating private actor R&D
(e.g., through-public private partnerships)
• Social innovation (e.g., open science, citizen science)
• Research networks, consortia, CoE etc.
Supporting
infrastructure
• Bioeconomy hubs, networks, cluster
• Investment for R&D facilities and equipment
• Investment in the digital infrastructure
• Urban greening projects
• Pilot and demonstration facilities
• Biorefinery demo plants
Supporting
capacity
building and
education
• Capacity building
(e.g., trainings for professionals)
• Bioeconomy education programs
(incl. masters and doctoral programs)
Supporting
commericia-
lization
• Access to capital for biobased companies
• Tax incentives for biobased companies
• Knowledge and technology transfer
• Access to scale-up facilities
• Export promotion policy
• Development and marketing efforts
(e.g., feasibility studies)
• Subsidies for (increased production and use of
renewable resources)
Supporting the
demand-side
• Biobased public procurement policy
• Certification and labels on a product’s life cycle
impact (e.g., foot print)
• Consumer information and communication campaigns
• Price setting
• Tax incentives
• Fuel quality standards
• Ban of fossil based products, e.g., plastic bags
Policies
64%
60%
43%
39%
x% Measure coverage across countriesSource: German Bioeconomy Council (2018); WBCSD; BCG analysis
79%
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… but with gaps in framework conditions as well as international collaboration and knowledge sharing – The latter clear opportunity space for WBCSD
Americas Asia/Pacific Europe
Key points Practical and proposed policy measures Argentina Brazil Canada USA Australia China New Zealand Thailand France Italy Latvia Norway Spain UK
Ensuring
bioeconomy-
friendly
framework
conditions
• Removal of fossil fuel subsidies
• Policies for sustainable development
• Review of IP regulations
• Bioprospecting regulations
• Global data policies (e.g., open data commons policies)
• Review and harmonization of biotechnology policies
• Regulations for sustainable biomass production
and utilization
• Regulatory framework for bioenergy
• Carbon tax
• Circular Economy regulations (recycling quotes, use
of by products, eco-design, life-cycle assessment
of patents
• Regulations for the uses of biobased materials
in construction
• Development of regional bioeconomy policy strategies
Promoting
good
governance
• Inter-ministerial and inter-regional cooperation
• Monitoring and measuring activities
• Evaluation of policy programs
• Public reporting and multi-stakeholder dialogue
• Learning and adaptive policy
• Level-playing field for biobased businesses
• Bioeconomy advisory council
Enhancing
international
collaboration
in the
bioeconomy
• Harmonization in international trade and
policy frameworks
• Knowledge sharing between industrialized and
developing countries
• Private investment in developing countries
• International monitoring, e.g., satellite tracking
• Inter-regional policy dialogue
• Bi-and multinational cooperation
• International R&D cooperation
55% 41% 37% 53% 27% 53% 35% 36% 54% 41% 47% 34% 51% 38%Country overall measure coverage
Policies
15%
30%
15%
x% Measure coverage across countriesSource: German Bioeconomy Council (2018); WBCSD; BCG analysis
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Initiatives to foster bioeconomy policies driven at macro-regional, sub-regional and industry level
Macro-regional initiatives Sub-regional development Industry-driven Initiatives
• BioInnovate Africa
• Southern Cone Initiative
• BIOEAST
• Baltic Sea Region
Bioeconomy Council
• EU Research and
Innovation Strategies for
Smart Specialization (RIS3)
• Ongoing actions within
single countries, e.g.
Argentina, Australia,
Canada
• Japan Bioindustry
Association (JPA) estimates
BE to add $142–237 billion
to GDP by 2030
• Indian ABLE1 values Indian
BE at $100 billion by 2025
1. Association of Biotechnology-Led EnterpriseSource: Bioeconomy Policy (Part III) Update Report of National Strategies around the World (German Bioeconomy Council 2018); WBCSD; BCG analysis
321
Policies
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Overview: Macro-regional policy initiatives across regions as a pillar to share knowledge and enable capabilities
ESIF, European Structural Investment Fund: +€450 billion for the period 2014-2020 financial support for macro-
regional initiatives• Central and Eastern European Bioregions Forum resulting in Lodz Declaration of Bioregions, a strategic
document for bioeconomy development in local “biocommunities”
• BIOEAST Central-Eastern European Initiative for Knowledge- based Agriculture, Aquaculture and Forestry in the Bioeconomy promotes a strategic vision for BE development in this region
BioInnovate Africa: Bioresources Innovations Network for Eastern Africa Development (Burundi, Ethiopia,
Kenya, Rwanda, Tanzania and Uganda)
• Program focuses on promoting bioinnovation policies that enable technology transfer and business
development across countries
In LatAm, the UN-ECLAC organizes macro-regional events on bioeconomy to foster exchange on policy
making and successful private sector and research initiatives
• Southern Cone Initiative: Coordination and collaboration to jointly develop bioeconomy policies and
programs across Argentina, Brazil, Uruguay and Paraguay
Source: Bioeconomy Policy (Part III) Update Report of National Strategies around the World (German Bioeconomy Council 2018); WBCSD; BCG analysis
Selected examples
1
Policies
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Overview: Sub-regional policy initiatives aiming to adapt to local specifications
Several regions to link bioeconomy development with their Research and Innovation
Strategies for Smart Specialization (RIS3) within the ESIF
European Commission 2017 report1 highlighted that
• Special focus across region in rural areas rural areas due the significant primary
production sector
• Most of EU territories include bioeconomy related aspects in their 2014-2020 R&I
priorities and plans
• Despite no territorial pattern, some topics are frequent across countries like agri-food,
bio-based fuels and bioenergy, biorefinery, biochemicals and biopharmaceuticals
• Several regions under this platform including Central Hungarian region, Crete (Greece),
Lapland (Finland) and Upper Austria
1. Bioeconomy development in EU regions. Mapping of EU Member States’ / regions’ Research and Innovation plans & Strategies for Smart Specialisation(RIS3) on Bioeconomy, Final Report 2017Source: Bioeconomy Policy (Part III) Update Report of National Strategies around the World (German Bioeconomy Council 2018); WBCSD; BCG analysis
2
Policies
Selected examples
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Overview: Industry-driven initiatives to ensure all economy sectors' involvement and contribution
Japan Bioindustry Association
(JPA)
• Health and medical sector,
environmental technologies,
agriculture, fisheries and food
processing
• JPA estimates that the future
bioeconomy will contribute $142–
237 billion to the GDP in 2030
Association of Biotechnology-Led
Enterprises (ABLE)
• Indian bioeconomy may amount to
$100 billion by 2025
Bio-Based Industries Joint Undertaking
(BBI JU)
• €3.7 billion-backed public-private
partnership (funds & private investment)
• Promoting bioeconomy and fostering
sustainable biomass and its efficient
conversion into high-value bio-based
products
Bio-based Industries Consortium (BIC)
• Published the first overview of financing
opportunities for bio-based business
projects
Source: Bioeconomy Policy (Part III) Update Report of National Strategies around the World (German Bioeconomy Council 2018); Japan Association of Bioindustries Executives; WBCSD; BCG analysis
3
Policies
Selected examples
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Debate on bioeconomy mainly driven by global multilateral organizations, individual authors & European Commission - EC with strong publication record
Multilateral organizations
• Bio-based industries consortium
• FAO
• OECD
• Since 2013 various publications on
bioeconomy and underlying regulations
in Europe
European Commission
• Dietz et al.
• Ellen MacArthur Foundation
• Hetemäki et al.
Individual authors & scholars
Source: WBCSD; BCG analysis
Reports
A B C
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Multilaterals offer holistic view on bioeconomy across feedstock, however with gaps in specific industry use cases
Author Report title Year No. Pages Content Agri Forestry
Fishery/
marine MSW1
Focus
industries
Incl.
estimates
on BE
market size
Incl.
company
case
studies
Bio-based industries
consortium
European Bioeconomy 2008-2015 2018 17 Assessment of turnover and employment of the
European bioeconomy for the year 2015
NA
Centre for European
Policy Studies (CEPS)
The Role of Business in the Circular
Economy - Markets, processes and
enabling policies
2018 80 Report on role of business in developing a Circular
Economy, including section on bioeconomy
x x x NA
European
Environment Agency
The Circular Economy and the
bioeconomy
2018 64 Comparison of Circular Economy and bioeconomy x x x x NA
European Forest
Institute
A forest-based circular bioeconomy for
southern Europe: Visions, opportunities
and challenges
2018 124 Evaluation of current situation & policies regarding
bioeconomy in southern Europe including future
opportunities for forests
x Energy,
manufacturing,
construction,
transport, tourism
European Investment
Bank
Agriculture and bioeconomy 2018 12 Overview of European Investment Bank's
engagement in bioeconomy
x x Agriculture
FAO Assessing the contribution of
Bioeconomy to countries’ economy
2018 67 Study reports and analyses how different countries
are measuring the contribution of bioeconomy (BE)
to overall economy or country objective
x x x x NA
OECD Realising The Circular Bioeconomy 2018 74 Summarises intersection of Circular and
Bioeconomy concepts into Circular Bioeconomy to
show how they can work with each other/united
approach to developing sustainability
x x x x Waste bio-refineries
OECD Meeting Policy Challenges for a
Sustainable Bioeconomy
2018 199 Bioeconomy Policy challenges over the world x x Agriculture,
fisheries, energy,
education
Energy Transition
Commission
Better Energy, Greater Prosperity 2017 120 Report on possible energy transition pathways.
Includes insights into land and food production
issues related to bioenergy
x x x Energy
1. Municipal solid wasteSource: WBCSD; BCG analysis
Non exhaustive
Biomass feedstock
Reports
Yes No
Mult
ilate
ral org
aniz
ati
ons
A
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First EU publications on bioeconomy already in 2012 with significant growth, offering a comprehensive view across all feedstock as well as economics
Author Report title Year No. Pages Content Agri Forestry
Fishery/
marine MSW1
Focus
industries
Incl.
estimates
on BE
market size
Incl.
company
case
studies
European Commission CORDIS results pack on bio-based
innovation
2018 32 A thematic collection of EU-funded research and
innovation results
Chemical,
pharmaceutical
European Commission A sustainable bioeconomy for Europe 2018 107 Overview of required policy priorities to support
bioeconomy development
NA
European Commission Bioeconomy development in EU regions 2017 95 Mapping of current BE policies & projects of EU
Member States
Agriculture,
forestry, energy,
pharmaceutical,
chemical
European Commission Bioplastics: Sustainable materials for
building a strong and circular European
bioeconomy
2017 20 Information regarding bioplastics options and
markets
Biotechnology
European Commission Biomass supply and demand for a
sustainable bioeconomy
2017 40 Summary of workshop regarding biomass supply
and demand
Energy
European Commission All aboard for better marine
stewardship through research and
innovation
2017 24 Analysis of current options for better marine
stewardship
Aquaculture
European Commission JRC Science for Policy Report
bioeconomy
2016 124 Overview of policies, economic indicators, sectors
and environmental impact of bioeconomy
Agriculture,
forestry, energy
European Commission A global view of bio-based industries:
benchmarking and monitoring their
economic importance and future
developments
2016 84 Country strategies to foster the bioeconomy and
initiatives taken to date to measure this sector and
understand its relevance
NA
European Commission Where next for the European
bioeconomy?
2015 34 Opinions from EU Bioeconomy Panel and Standing
Committee on Agricultural Research WG
Agriculture
European Commission Sustainable agriculture, forestry and
fisheries in the bioeconomy
2015 142 Background to set research and innovation agenda,
establish priorities and ground for policies on
bioeconomy
Agriculture,
forestry, fisheries
European Commission Innovating for sustainable growth – A
bioeconomy for Europe
2012 64 Information about the EC's updated strategy for
bioeconomy
NA
European Commission Investing in European success:
Developing a bioeconomy using
resources from land and sea
2012 48 Selection of projects showing Europe's investment
in research and innovation for bioeconomy
Research &
development
1. Municipal solid wasteSource: WBCSD; BCG analysis
Non exhaustive
Yes No
Biomass feedstock
ReportsEuro
pean C
om
mis
sion
B
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Good mix of focus industries, but lack of comprehensive feedstock coverage within reports from individual authors and scholars (I/II)
Author Report title Year No. Pages Content Agri Forestry
Fishery/
marine MSW1
Focus
industries
Incl.
estimates
on BE
market size
Incl.
company
case
studies
Ellen MacArthur
Foundation
Cities and Circular Economy for Food 2019 66 Includes section on the role of bioeconomy in a
sustainable food system
x x Food systems, bio-
cycle economic
activity
Dietz et al. Governance of the Bioeconomy: A
Global Comparative Study of National
Bioeconomy Strategies
2018 20 A Global Comparative Study of National
Bioeconomy Strategies
NA
Ellen MacArthur
Foundation
Renewable Materials for a Low-Carbon
and Circular Future
2018 13 Fundamentals of Circular Economy, includes
sections on renewable materials with four case
studies from DSM, IKEA, TetraPak, Essity
x x x Bio-plastics,
chemicals (plant-
based resins), bio-
based packaging,
paper recycling
Ellen MacArthur
Foundation
Cities and the Circular Economy for
Food
2018 34 Project brief and introduction to bio-cycle
economy and food
x Food systems, bio-
cycle economic
activity
Quantis Case Study ZELCOR: Zero waste ligno-
cellulosic biorefineries
2018 2 Case study looks into biorefineries to improve bio-
based products
Biomass, Bio-based
products
WBCSD & Boston
Consulting Group
Bridging the gap - The role of green
projects in scaling climate investments
2018 46 Fact base for business leaders and investors on
climate finance, incl. waste to biofuel case study
from Novozymes
x Bioenergy, biotech
WBCSD & Boston
Consulting Group
The new big circle 2018 42 Practical recommendations to successfully
transition towards a Circular Economy, incl. case
study on green home on packaging with organic
material
Packaging material
Accenture Taking the European Chemical Industry
into the Circular Economy
2017 16 Intro to Circular Economy concept for chemical
companies; paragraph on substituting raw
materials with biomass aside re-use, recycling,
recovery, overview of circulation volume potential,
energy and investment needs
x x Chemical sector
Ellen MacArthur
Foundation
Cities and the Circular Economy: An
Initial Exploration
2017 16 Intro to application of Circular Economy concept in
urban setting. Includes section on urban
bioeconomy
x NA
Ellen MacArthur
Foundation
Urban Biocycles 2017 38 Highlights opportunities to capture value, in form
of energy, nutrients and materials embedded in
organic waste flows through application of Circular
Economy principles
x x x x NA
Non exhaustive
Biomass feedstock
Reports
Yes No
Indiv
idual auth
ors
& s
chola
rs
C
1. Municipal solid wasteSource: WBCSD; BCG analysis
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Good mix of focus industries, but lack of comprehensive feedstock coverage within reports from individual authors and scholars (II/II)
Author Report title Year No. Pages Content Agri Forestry
Fishery/
marine MSW1
Focus
industries
Incl.
estimates
on BE
market size
Incl.
company
case
studies
Ellen MacArthur
Foundation
The New Plastics Economy: Rethinking
the Future of Plastics & Catalysing
Action
2017 68 Includes insight about bio-based and biodegradable
plastics
Plastics material,
bio-plastics
Ellen MacArthur
Foundation
The New Plastics Economy Catalysing
action
2017 44 Includes insights into biodegradable plastics Plastics material,
bio-plastics
Hetemäki et al. Leading the way to a European circular
bioeconomy strategy
2017 52 Overview of existing strategies and success factors
for circular bioeconomy development; incl.
economic and environmental impacts of select
sectors (textile, plastic, construction)
Construction,
plastic, textile
PwC Innovation for the Earth 2017 32 Overview of low-carbon applications across 10
technologies, e.g., synthetic biology incl.
bioplastics, synthetic biofuels, agri-waste
conversion, CO2 feedstock conversion
Synthetic biology
Ellen MacArthur
Foundation
The New Plastics Economy: Rethinking
the Future of Plastics
2016 120 Contains insights into bio-based plastics Plastics material,
bio-plastics
Ellen MacArthur
Foundation
Achieving 'Growth Within' 2016 149 Report on Circular Economy investment
opportunities - Includes a section on biorefinery
NA
1. Municipal solid wasteSource: WBCSD; BCG analysis
Non exhaustive
Biomass feedstock
Reports
Yes No
Indiv
idual auth
ors
& s
chola
rs
C
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Most relevant actors and initiatives engaged on regional or local level (I/IV)Overview of actors and initiatives arranged by geography, size and type
Name Geography Type Size Focus areas
International Bioeconomy Forum Global
Inter-governmental
platforms &
associations
European Commission, 9 non-EU countries from all 5 continents,
FAO, BIOEAST, public/private/governmental/academic expertsFood, agriculture
World Bioenergy Association Global
Inter-governmental
platforms &
associations
200 members from 50 countries Bioenergy: Liquid biofuels, biogas, pellets, forestry,
agriculture, waste
Biotechnology Innovation Organization Global
Inter-governmental
platforms &
associations
World's largest trade association representing biotechnology
companies, academic institutions, state biotechnology centers
and others
Innovative healthcare, agricultural, industrial & environmental
bio-technology
International Consortium of Applied
Bioeconomy ResearchGlobal
Research & innovation
center17 member universities
Agriculture, health, chemical, energy industries, bio-
technology, food safety & security, nutrition
Knowledge Center for Bioeconomy Europe
Inter-governmental
platforms &
associations
European Commission Agriculture, forestry, fisheries, Algae, waste
European Bioeconomy Stakeholders Panel Europe
Inter-governmental
platforms &
associations
29 representatives from companies, NGOs, biomass producers,
regions, academia across EuropeBio-economy across sectors
European Bioplastics Europe
Inter-governmental
platforms &
associations
62 member companies along entire value chain of bioplastics Bio-based and bio-degradable plastics
Bio-Based Industries Joint Undertaking
(BBI JU)Europe
Public/private
collaboration &
coordination programs
EU countries, €3.7B investment 2014-2020, thereof €975M EU
funds (Horizon 2020)
Sustainable feedstock supply, biorefineries, bio-fuels, bio-
chemicals, bio-materials
Initiatives
International
Bioeconomy
Forum (IBF)
Source: WBCSD; BCG analysis
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Most relevant actors and initiatives engaged on regional or local level (II/IV)Overview of actors and initiatives arranged by geography, size and type
Name Geography Type Size Focus areas
Joint Programming Initiative on Agriculture,
Food Security and Climate Change
(FACCE-JPI)
Europe
Public/private
collaboration &
coordination programs
24 countries Food security, sustainable intensification of agriculture
Bioeconomy Strategic Working Group (BSW) Europe
Public/private
collaboration &
coordination programs
Reps from 37 EU member, candidate and associated countries
Agriculture, forestry, fisheries, aquaculture, food/feed and
pulp & paper industries, parts of chemical, biotechnological and
energy industries
BioSTEP Europe
Public/private
collaboration &
coordination programs
Consortium of 9 partners from 5 EU countriesStakeholder Engagement and Public Awareness for a
Participative Governance of the European Bioeconomy
Vanguard Initiative (Bio-economy pilot) EuropePublic/private funding
bodies & incubators35 regions in the EU; 7 demo cases of diverse biomass uses
Lignocellulose refinery, bio-aromatics, turning (waste)gas to
value, biogas beyond energy, bio-aviation fuel, food & feed
ingredients from agrofood waste & algae
European Investment Bank (EIB) Agriculture
& Bioeconomy Programme LoanEurope
Public/private funding
bodies & incubators€400M of funding, expected to unlock €1B private investment
Animal & crop production, forestry, fisheries, aquaculture),
forest/paper/pulp industry, bio-energy food retail/wholesale
Bio-based Industries Consortium Europe Sector platforms
200 industry members, 165 associate members (universities,
public institutions), investment of 3,7 €bn in bio-based
innovation 2014-2020 (with BBI JU)
Agriculture, food & feed, aquatic & marine, chemicals &
materials, technology providers, forestry & pulp & paper, waste
management
Bioeconomy in the Baltic Sea Region
(EUSBSR)Baltic Sea Region
Public/private
collaboration &
coordination programs
8 member countries coordinating with EC & other stakeholders,
i.e. member states, regional & local authorities, IGOs, NGOsAgriculture, forestry, fisheries
BIOEASTCentral-Eastern
Europe
Public/private
collaboration &
coordination programs
11 member countries Agriculture, aquaculture, forestry
Initiatives
Source: WBCSD; BCG analysis
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Most relevant actors and initiatives engaged on regional or local level (III/IV)Overview of actors and initiatives arranged by geography, size and type
Name Geography Type Size Focus areas
DanuBioValNet Project
Central-Eastern
Europe (Danube
region)
Public/private funding
bodies & incubators€2.3M budget (2017-2019); 16 member regions in 10 countries
Phytopharma, eco-construction, bio-based packing/bioplastic,
hemp-industry
Bio-Innovate Africa Eastern AfricaPublic/private funding
bodies & incubators
6 Eastern Africa countries, >100 innovators & scientists, >50
universities/research institutes/firms; phase II funding of SEK
100M (~€ 10M) for 5 years
Bio-waste conversion, bio-nutrition, organic fertilizer, bio-
enzymes, bio-energy, sustainable agro-processes, bio-enhanced
seeds & seedlings
Bioeconomy in the North (BiN)Finland,
Germany, Norway
Public/private funding
bodies & incubators
Ministries of Finland, Germany, Norway; €5.5M funding (1st
call)Forest biomass production, lignocellulosic biomass conversion
Spitzencluster BioEconomy, supported by
BMBF (German ministry)Germany, Austria
Public/private funding
bodies & incubators~50 partner companies/institutions
Forestry, non-food biomass, lignocellulosic bioeconomy, bio-
technology, bio-material, green chemistry, residual material
use, waste utilization
Japan Bioindustry Association Japan
Inter-governmental
platforms &
associations
~200 companies, 100 public organizations, 800 individuals from
universities
Biotechnology, molecular biology & cell engineering, bio-
fermentation, bio-chemical, food, bio-pharma
Bioeconomy Council (Bioökonomierat) Germany
Public/private
collaboration &
coordination programs
17 council members advising German government on BE topicFood, bio-energy, bio-fuel, pulp & paper sector, textile, bio-
technology, bio-chemicals, bio-pharma
Sting Bioeconomy Incubator SwedenPublic/private funding
bodies & incubatorsNA Forest-based bioeconomy
Bioscience for the future (BBSRS) United KingdomPublic/private funding
bodies & incubators
Bioscience investment of 498M GBP in 2017/18; 1,600 scientists
& 2,000 research students across UK
Agriculture & food security, industrial biotechnology,
bioenergy, bioscience for health, bioscience
Initiatives
Source: WBCSD; BCG analysis
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Most relevant actors and initiatives engaged on regional or local level (IV/IV) Overview of actors and initiatives arranged by geography, size and type
Name Geography Type Size Focus areas
Biomass Research & Development Board USAPublic/private funding
bodies & incubators8 participating agencies; $8.7M funding (2015) Advanced biofuels, bioenergy, high-value biobased products
IAR, French Biorefinery Cluster FrancePublic/private funding
bodies & incubators
380 members from bio-based value chain (corporate & non-
corporate); €1.7B project investments since 2005
Agriculture, forestry, marine resources, insects, by-products &
residues for food, bio-technology, bio-materials, bio-chemistry,
bio-energy/bio-fuel
Plänet B FinlandPublic/private funding
bodies & incubatorsNA Forestry and forestry product innovations
Bioeconomy research community Oulu FinlandResearch & innovation
centerNA
Biomass production, bio-refineries, bio-materials, bio-
chemicals, bio-composites
Irish Bioeconomy Foundation IrelandResearch & innovation
centerNA
Valorisation of side-streams & residues from agri, food, marine,
other sectors in National Bioeconomy Innovation & Piloting
Facility
Bioeconomy Initiative (University of South
Bohemia)Czech Republic
Research & innovation
centerNA Agriculture, bio-technology
Association of Biotechnology-Led
Enterprises (ABLE)India Sector platforms 400+ members from various industries
Agribiotech, bio-pharma, industrial biotech, bioinformatics,
investment banks, venture capital firms, equipment suppliers
BIOTech New Zealand New Zealand Sector platforms51 members (corporate innovators, investors, regulators,
researchers, social entrepreneurs, interested public)Agricultural, environmental, health problems, biotechnology
Initiatives
Source: WBCSD; BCG analysis
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Identified barriers
WBCSD role & deep dive possibilities
Source: WBCSD; BCG analysis
Project background and progress update
Bioeconomy definition & relation to CE
Landscape analysis
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Additional Comments:
• Subsidized fossil fuels and
lack of ‘carbon taxes’. Bio-
based is not competing on
a level playing field but
rather against heavily
subsidized incumbents
• Price competitiveness with
fossil fuels that still enjoy
effective subsidies
• Existing fossil subsidies and
low cost and strength of
fossil based products and
supply chains
• Unclear role within the
strategy of the company
going forward
• Lack of reliable forecasts
on real footprints of
bioeconomy and
sustainable supply of
bioresources
Survey respondents see scaling-up, policy support, costs and technological developments as main barriers
0
5
10
15
20
Number of answers
Lack of
techno-
logical
developments
Difficulty
to
scale-up
Missing
policy
support
Uncertainty
of
consumer
acceptance
&
perception
Prohibitive
investment
costs
Prohibitive
operational
costs
Unstable
resource
supply
OtherLack of
internal
knowledge
&
capabilities
Missing top
management
focus
Not important Moderately importantSlightly important Highly important
Identified barriers
Source: WBCSD; BCG analysis
What do you see as the greatest barriers to reaping the benefits of the bioeconomy?
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Interviewees highlight six main barriers for bioeconomy
6Main barriers
identifiedProhibitive costs especially compared
to fossil-fuel alternatives
Lack of technological
developments
Trade-offs regarding
resource usage
Public perception of Genetically
Modified Organisms & land use
Difficulty to scale up due to
e.g. low material availability
Missing policy support to change incentives
to move away from fossil-based materials
Source: WBCSD members' interviews; WBCSD; BCG analysis
to scaleIdentified barriers
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WBCSD role & deep dive possibilities
Source: WBCSD; BCG analysis
Project background and progress update
Bioeconomy definition & relation to CE
Identified barriers
Landscape analysis
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Additional Comments:
• Develop CEO Guide to the
bioeconomy. Lead a study of
the global demand for the
bioeconomy, its products &
services
• To make bioeconomy more
clear for investors via
business cases with
estimations of mid-term
financial implications also
considering TCFD
• Developing commercial
integrated projects with
industry and government
participants to accelerate
deployment and
commercialization
• Dialogue with NGOs as
perception of bioeconomy is
negative among the NGO
community because of the
use of biomass
• Connect politicians with
companies and thinktanks
and universities
Survey shows highest value-add for workstreams in facilitating discussions & sharing best practices
0
10
5
15
20
Sharing best
practices &
successful
business case
examples
Number of answers
Facilitating
discussions
& knowledge
exchange
between
partners and
competitors
along the
value chain
Developing policy
recommendations
for the
bioeconomy
Developing
resources &
measurement
tools for
bioeconomy
(comparable to
Natural Capital
Protocol)
Publishing
industry
specific
reports on the
bioeconomy
Establishing
member
fund and
distributing
funds to
accelerate
existing
initiatives
OtherDeveloping
pilot project
to learn from
firsthand
experiences
Not valuable Highly valuableModerately valuableSlightly valuable
Source: WBCSD; BCG analysis
Where could the WBCSD’s new bioeoconomy workstream provide the most value-add in your opinion?
WBCSD role & deep
dive possibilities
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Survey interviewees prefer a workstream on barriers, interviewees highlight the potential of collaboration to overcome these
Survey: What focus do you think the upcoming workstreams of
the bioeconomy deep dive should have?
Interview: Interviewees mainly mention broad collaboration
as key focus area for deep dives
Initiate discussions across whole value chain and
also include external stakeholders in project,
many different players necessary to create
change
Raise awareness of concept for public & policy
makers and focus on the link towards reaching
climate agenda
Jointly overcome current issues through
collaboration, awareness and the development
of tangible results
1
2
3
Source: WBCSD members' interviews; WBCSD; BCG analysis
1
3
1 1 11
1
3
8
0
4
6
2
Number of answers
Focus on
barriers
Focus on
specific
industries
Focus on
metrics &
measurements
Focus on
specific
production
flows
Focus on
product pilot
Acceptability
of
bioeconomy
8
6
WBCSD role & deep
dive possibilities
Packaging
Paints & coatings
Forestry
Consumer goods
ChemicalsIndustry selection
possible:
All respondents
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• Decrease
investment costs
• Support required
technological
innovations
• Adjust current
policy support for
fossil-fuel materials
• Support BE
development
through new
policies
• Support
development of
new technologies
• Change public
perception
• Create sense of
urgency & illustrate
link to climate
agenda
• Raise consumer
awareness
• Increase credibility
• Ensure
collaboration of
whole value chain
• Increase consumer
awareness &
acceptability
Five additional stakeholders to include in deep dives based on survey & interviews
Funding
bodies Policy makers
Research
institutes NGOs Retailers
Source: WBCSD; BCG analysis
WBCSD role & deep
dive possibilities
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Survey: Which other actors (besides WBCSD members) should be engaged in
the workstream?
Interviews: Who else should
participate in workstreams?
Survey participants & interviewees highlight importance of additional stakeholder groups
0
5
10
15
Policy
makers
Number of answers
Research &
innovation
agencies
Public/
private
funding
bodies &
incubators
NGOs Inter-
governm.
platforms
OthersPublic/private
collaborations
Sector
platforms
Rank 5 Rank 1Rank 4 Rank 2Rank 3
Engage whole value chain
from farmers to retailers
Involve policy makers to
change fossil-fuel
supporting policies
Focus on NGOs for
credibility & to change
consumer perception
Source: WBCSD members' interviews; WBCSD; BCG analysis
WBCSD role & deep
dive possibilities
68
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