UK’s Bioeconomy Policy In Years To Come
On December 5, 2018, the United Kingdom (UK) published a policy paper titled “Growing the Bioeconomy, Improving Lives and Strengthening Our Economy: A National Bioeconomy Strategy to 2030.” As the UK strives to double its bioeconomy value by 2030, four main goals are outlined as part of the strategic plan:
- Capitalize the research, development, and innovation base;
- Maximize productivity and potential from existing bioeconomy assets;
- Deliver real, measurable benefits for the UK economy; and
- Create the right societal and market conditions to allow innovative biobased products and services to thrive.