WS13 Circular Bioeconomy: Circular economy meets bioeconomy


· Workshop Organiser: SITRA

· Workshop Chair: Jukka Noponen and Xaver Edelmann

· Date and Time: Tuesday 13, 16h30 – 18h20

· Room: Sertig

· Description: 

The circular economy is a novel economic model in which the focus is on reusing materials and value, and on creating added value in products through services and smart solutions.

Well-functioning circular economy could be answer for emerging resource problems. For example a recent study from the Club of Rome, a global thinktank, highlighted that moving to a circular economy would yield to several benefits including significant carbon emission reductions. The European Commission is also aiming to present a new, more ambitious circular economy strategy late in 2015, to transform Europe into a more competitive resource-efficient economy, addressing a range of economic sectors, including waste. Analysis by McKinsey estimates shifting towards circularity could add $1 trillion to the global economy by 2025 and create 100,000 new jobs within the next five years. The objective of the bioeconomy is to generate sustainable economic growth and jobs based on bio-based resources. At the same time we need to ensure that the nature’s ecosystems are taken care of. The bioeconomy is a means to better society. It enables us to increase well-being and grow the economy without increasing the use of natural resources.

The aim of the workshop is to showcase and discuss practical approaches to link circular economy to bioeconomy. In the workshop we are to tackle questions of how to create wealth from circular bioeconomy, what is the role of cities, municipalities and national policies, how can experimental culture accelerate the transition towards circular bioeconomy and what possibilities does the actions offer for citizens and businesses.