News

27 September 2019

Key factors of success in developing sustainable bioeconomy

On 26th September 2019, just several days after the United Nations Climate Action Summit in New York, the Science, Policy and Business Forum “Bioeconomy Development Strategies: How to Strengthen the Connection between Economy, Society and the Environment?” was held in Kaunas (Lithuania) as a part of the 9th International Scientific Conference “Rural Development 2019: Research and Innovation for Bioeconomy”.

In the event that gathered more than 200 scientists and practitioners from 28 countries, representatives of the Ministries of Agriculture and Energy of the Republic of Lithuania, the Danish Symbiosis Center, the AUGA group and the Lithuanian Biotechnology Association together with other participants discussed opportunities to develop sustainable bioeconomy. Three key factors of success were highlighted:
1. Raising public awareness about environmental benefits of sustainable bioeconomy solutions, establishing and implementing social contracts between producers and consumers;
2. Developing cooperation between different sectors and organisations to form required set of competences and ensure circularity in production processes;
3. Attracting new entrepreneurs to innovate and revitalise traditional bioeconomy sectors.

Full video of the discussion can be found here.

Photos: Vytautas Magnus University

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