Towards a Global Bioeconomy, Jack Bobo, I-20 Conference, Brisbane, Australia

Towards a

Global Bioeconomy

Jack A. Bobo

@Jack_A_Bobo

Senior Advisor for Biotechnology

U.S. Department of State

Jack A. Bobo | Senior Advisor for Biotechnology | U.S. Department of State

What is the bioeconomy?

Economic activity that is fueled by

research and innovation in the

biological sciences.

The bioeconomy allows people to

live longer, healthier lives, reduce

dependence on oil, address key

environmental challenges, transform

manufacturing processes, and

increase the productivity and scope

of the agricultural sector while

growing new jobs and industries.

2012 White House Bioeconomy Blueprint

Health Industrial

Agriculture

Source: The European Bioeconomy in 2030:

Delivering Sustainable Growth byAddressing the Grand Societal Challenges


Agricultural Biotechnology ~$125B+

Industrial Biotechnology ~$125B+

Health Biotechnology ~$100B+

$3

50

B In

du

stry

Biodesic 2014

U.S. Market Overview


Misaligned Priorities?

Th

e B

ioe

co

no

my to

20

30

-O

EC

D

Agricultural Biotechnology 4%

Industrial Biotechnology 2%

Health Biotechnology 87%

Share of Gross

Value Added by

Sector for 2030

36%

25%

39%

OECD Business Expenditures

on R&D in 2003

Countries EstablishingBioeconomy Initiatives

Bioeconomy to contribute a

global average of 2.7% to GDP by 2030

OECD Estimate



GE Crops


Biodesic 2014

Breweries


Whynowmatters

40%


70%


Aral Sea1973

Aral SeaToday

Greenhouse gas emissions from

agriculture and deforestation

30%



20509 billion

Global Population Growth5 1990

7 billion 2010

20308 billion


http://www.who.int/mediacentre/factsheets/fs310/en/index.html

650,000 deaths/year

60% more food by 2050, using…

Less land

Less water

Less fertilizer

Fewer pesticides


Technology Delivers

Source: USDA/ERS


Reso

urc

es P

er

Bu

sh

el

of

Co

rn

19

80

–2011

60% Less Erosion

50% Less Water

40% Less Energy

35% Less Greenhouse Gases

40% Less Land


Skeptical

Consumers

People love innovation

Almost as much as they despise change



Policymaker as

Storyteller

Personalize

Acknowledge

Connect

Only then can we talk about the science

Build Trust


Baby Boom?

Peak OilPeak Child



Baby Bust


Peak Child

Productivity Gains


Jack A. Bobo, JD, MSChief, Biotechnology and Textile Trade Policy Division

Senior Advisor for Biotechnology202-647-1647

[email protected]@Jack_A_Bobo

Towards a Global Bioeconomy, Jack Bobo, I-20 Conference, Brisbane, Australia

Food

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