Policies Driving the Bioeconomy
October 19 @ 3:00 pm - 5:00 pm
Charlie McConalogue, Minister for Agriculture, Food and the Marine, Ireland
Economic Impact Analysis of the U.S. Biobased Products Industry
The United States Department of Agriculture recently released a report ‘Economic Impact Analysis of the U.S. Biobased Products Industry’ on the 10th anniversary of the creation of the USDA’s Certified Biobased Product Label. The report demonstrates that the biobased industry is a substantial generator of economic activity and jobs, and that it has a significant positive impact on the environment. According to the rehttps://www.biopreferred.gov/BioPreferred/port, in 2017, the biobased products industry:
- Supported 4.6 million American jobs through direct, indirect and induced contributions.
- Contributed $470 billion to the U.S. economy.
- Generated 2.79 jobs in other sectors of the economy for every biobased job.
EU Biorefinery Outlook to 2030
This European Commission study presents scenarios on how demand and supply for biobased chemicals and materials could grow to 2030 and provides roadmaps with actions required to increase the deployment of chemical and material driven biorefineries in the EU.
Richard Platt, Managing Consultant, E4tech, England
This event is taking place as part of the National Bioeconomy Summit: https://bioeconomy.ie/