FAO has been working for many years on non-food biomass products (including sustainable bioenergy) and biotechnology, and it received a mandate to coordinate international work on ‘food first’ sustainable bioeconomy by 62 Ministers present at the Global Forum for Food and Agriculture (GFFA) 2015. Moreover, FAO has received support from the Government of Germany to develop guidelines on sustainable bioeconomy development (Phase 1: 2016; Phase 2: 2017-mid 2020). This involves work on the bioeconomy monitoring, including the selection and use of indicators. The ultimate aim of FAO’s work on sustainability indicators is to provide technical assistance to countries and stakeholders in developing and monitoring sustainable bioeconomy, more particularly on identifying suitable indicators in line with the Sustainable Bioeconomy Aspirational Principles and related Criteria, agreed upon in 2016 by the International Sustainable Bioeconomy Working Group created in the context of FAO’s project on Sustainable Bioeconomy Guidelines. These indicators shall help both policy makers and producers/manufacturers in monitoring and evaluating the sustainability of their bioeconomy strategies and interventions. In order to cover all the relevant aspects and issues for a sustainable bioeconomy, our approach identifies impact categories from the sustainable bioeconomy principles and criteria. The monitoring approach suggested is balanced, since it considers the three sustainability dimensions (social, economic and environmental); at the same time, it proposes to use a limited set of core indicators, to keep the monitoring feasible and cost-effective. The suggested methodology starts with a review of existing monitoring approaches to identify already available indicators, from which the authors.

The conceptual framework of the EU Bioeconomy Monitoring System was constructed to assess the EU's progress towards a circular and sustainable bioeconomy. It was envisioned to cover the three dimensions of sustainability: environment, society and economy. Indicators were selected to cover the various parts of the framework but gaps in the knowledge or data still exist. This document describes the progress made in filling gaps in the indicators that had been identified as being important to understand the progress of the EU Bioeconomy. In 2021, two gaps were addressed: Social impacts of trade and the share of renewable energy in bio-based industries (BBI). It was found that although robust indicators exist to monitor the social condition in countries that are trading with the EU, it is not a straightforward task to monitor the social impact of trade. The attribution of the social condition to EU trading is not clearcut because it would require data collected at the local/sectoral level, which would then need to be triangulated with changes in the volume of trade with the EU and related to that specific location. In the absence of local indicators that are country-specific, one cannot infer that "social spillovers" are happening because of a specific trade agreement. It is however possible to re-frame the question to acknowledge the overall vulnerability of trading countries. In this way the monitoring system, although unable to track progress towards higher positive impacts on trading countries, can track the overall progress in those trading countries. The JRC therefore proposes to publish the recommended indicators for the countries whose main trading partner has been or currently is the EU for a time period between 2000 to the latest available data. These indicators are sourced from international sources such as the International Labour Organisation. Regarding renewable share of energy for bio-based industries, this indicator is developed to understand the trends in share of renewable energy for bio-based industries (BBI). BBI aims to decarbonise the economy and reduce the dependency on non-renewable resources, and should therefore have the same or even higher standards for their use of renewable sources of energy with respect to other industries.

This guidance note describes a series of general steps to establish an effective and robust system to monitor the sustainability of the bioeconomy in a given country or macro-region. This note builds on lessons learned from existing experiences of national and macro-regional bioeconomy monitoring systems. It was jointly developed by the Food and Agriculture Organization of the United Nations (FAO) and the European Commission’s Joint Research Centre (JRC), under the mandate of the International Bioeconomy Forum.

Bioeconomy is credited as being one of the key pillars for the FAO Strategic Framework 2022–2031 to support the achievement of the Sustainable Development Goals. [Author] More than 60 countries and regions have a dedicated bioeconomy or bioscience strategy today, and many more are already implementing the bioeconomy with plans and programmes, often also attempting to monitor and evaluate the progress towards the transition. [Author] Moreover, where trade-offs exist between different sustainability objectives, the bioeconomy offers an opportunity to realign the economy with the biosphere and account for the trade-offs in a holistic way. [Author] This toolbox provides a methodology to guide the development of bioeconomy strategies, and other elements to support its deployment, from dedicated governance systems, to monitoring frameworks to action on the ground. [Author] Many of the examples in this toolbox refer to knowledge gained through FAO experience, while being forward-looking and designed to help more countries and regions embark on or continue their journey towards building a sustainable bioeconomy. [Author] This aligns with FAO’s strategic mission over the next decade; FAO is the first United Nations entity to elevate bioeconomy to a corporate priority, including it as one of 20 programme priority areas under its Strategic Framework 2022–2031. [Author] This reflects the growing role that FAO sees for bioeconomy as a driver of sustainable agrifood systems transformation over the next decade. [Author]

The book offers a unique overview of the circular bioeconomy and its potential contribution to fostering sustainability globally.

Biodiversity and Bioeconomy: Status Quo, Challenges, and Opportuniti es comprehensively delivers the latest developments in theories of biodiversity and ecosystem functi oning and their major implicati ons for biodiversity conservati on through diversifying agriculture, forestry, and biomass producti on systems and linking these developments with sustainability of bioeconomy. This book provides basic understanding of biodiversity and bioeconomy, diff erent views of their interrelati onship, and their links with sustainable development goals. It also examines the research and practi ce of biodiversity and ecosystem functi oning in agriculture, forestry, and biomass producti on systems to achieve sustainable bioeconomy. Finally, this book examines status, challenges, and opportuniti es for biodiversity-centered bioeconomy providing a way forward. - Examines the status of scienti fi c understanding of biodiversity and bioeconomy and interrelatedness - Describes challenges and opportuniti es for socioeconomic and ecologically sustainable development of bioeconomy - Covers agriculture, forestry, and aquati c ecosystems and explores their biodiversity and bioeconomy potentials

EBES conferences have been intellectual hub for academic discussion in economics, finance, and business fields and provide network opportunities for participants to make long lasting academic cooperation. This is the 24th volume of the Eurasian Studies in Business and Economics (EBES’s official proceeding series) which includes selected papers from the 37th EBES Conference – Berlin. The conference was jointly organized with the GLO (Global Labour Organization, a global, independent, non-partisan and non-governmental organization based in Germany) with the support of the Istanbul Economic Research Association and in collaboration with the FOM University of Applied Sciences (Germany). Due to COVID-19, the conference presentation mode was virtual. In the conference, 177 papers by 379 colleagues from 54 countries were presented. Both theoretical and empirical papers in this volume cover diverse areas of business, economics, and finance from many different regions. Therefore, it provides a great opportunity to colleagues, professionals, and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.

This volume presents a timely recognition, warning and mapping of the fast approaching wave, or “bio-tsunami”, of global socio-technical transformation, built by a much wider spectrum of converging powers, including biotechnology, new agriculture, novel foods, health, quality of life, environment, energy, sustainability, education, knowledge management, and design of smart applications. The book contains eight sections corresponding to different clusters of bioeconomic and socio-technical change, as identified by the editors’ “Scanning the Horizon” foresight research; it also offers an integrated view of the future bioeconomy landscape though the convergence of several technologies that affect everyday life. The clusters offer methodologies for forecasting the future bioeconomy, and how these predictions can affect target-setting and the orientation of policies and actions to manage cultural and societal change, and achieve sustainable development in less developed areas. The book will be of interest to researchers, producers, logistics experts, policy makers, regulators, business and financial institutions, and biotechnologists (e.g. geneticists, food experts, etc.).