Bioeconomy

Forests, forestry and the forest-based sector are the cornerstone of the European bioeconomy, and a major contributor to climate change mitigation. The speed and scale of European forest bioeconomy development crucially depends on several questions, such as technological and market developments within and outside the forest-based sector, the dynamics of global biomass demand and supply, the European and international policy framework and the ability to use forests in a sustainable way. Forest bioeconomy is also affected by globalization, the digital economy and symbiosis with other sectors: construction, chemicals, textiles and energy, etc.