Report

How strategic collaboration on the bioeconomy can boost climate and nature action

Think tank: Chatham House

Author(s): Ana Yang; Henry Throp; Suzannah Sherman

October 21, 2024

This report from UK think tank Chatham House examines the potential for international coordination on bio-based innovations.

Sustainable bioeconomies can play a significant role in the transition to low-carbon emitting economies that conserve and protect nature, but a lack of cooperation and coordination is obstructing potential progress.

A collaborative approach that considers the trade-offs of the bioeconomy is needed to manage the roll-out of innovations and any emergent competition for land and resources. Fragmentation in the geopolitical arena is making the necessary coordination between public and private sectors ever more difficult but there are current forums, such as the G20 and the COP climate summits, in which progress on the bioeconomy can be made.