Bioeconomy in brief

Bioeconomy is based on the sustainable use of renewable resources. Finland’s forests, fields and waters produce plenty of raw materials and create conditions for services dependent on the natural environment, such as nature tourism.

By using bio-based products, we can reduce the volume of substances and materials that have adverse impact on the environment, including fossil fuel, coal and plastic.

Bioeconomy utilises clean technologies that enable the efficient use of natural resources and nutrients, while ensuring biodiversity.

It promotes Finland’s self-sufficiency and boosts economic growth, and will help us achieve a carbon-neutral society.

Sustainable & Circular: Bioeconomy the European way

The European Commission defines the bioeconomy in the following manner: “The bioeconomy covers all sectors and systems that rely on biological resources (animals, plants, microorganisms and derived biomass, including organic waste), their functions and principles.

It includes and interlinks: land and marine ecosystems and the services they provide; all primary production sectors that use and produce biological resources (agriculture, forestry, fisheries and aquaculture); and all economic and industrial sectors that use biological resources and processes to produce food, feed, bio-based product, energy and services.”