23 November 2020, 10:00 – 11:00 am CET & 4:00 – 5:00 pm CET
While the global population has doubled over the last 50 years, resource extraction has tripled. 90% of biodiversity loss and water stress are caused by natural resource extraction and processing. It has become a necessity to re-think the predominant economic model to avoid the worse effects of climate change, biodiversity loss and resource scarcity. An economic model based on the consumption of biological resources for the production of food and feed, products and energy is gaining momentum as a way to deliver society’s needs while responding to environmental challenge. In a circular bioeconomy, these biological resources are renewable, sustainably managed, recovered and reused as much as possible.
A new report developed by WBCSD’s Circular Economy program and the Forest Solutions Group in collaboration with Boston Consulting Group (BCG), is calling for a shift towards a sustainable, low-carbon, circular bioeconomy to capture part of the USD $7.7 trillion opportunity it represents. Join this session to learn about the markets that present the strongest potential growth through the substitution of fossil-based materials with biological resources. You will also learn how to get your company started on this journey and tackle the sustainability trade-offs associated with the use of biological resources.