THE ROLE OF BIOECONOMY IN THE GLOBAL ECONOMY
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Date
2025-05-19
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Abstract
This document presents an overview of bioeconomy and its importance in the global economy. Growing our economies while protecting the environment is a major challenge facing the world today. The responsible use of biological resources is made possible by the bioeconomy. There are three primary forms of bioeconomy: one that emphasizes harnessing biology for profit, one that preserves biodiversity and strengthens local communities, and one that strikes a compromise between environmental protection and economic growth.