The Rapidly Developing Nordic Bioeconomy is a reprint of the Nordic Council of Ministers’ State of the Nordic Region 2018. The new bioeconomy, and the general shift from a fossil-based to a bio-based economy, is an area with vast potential for the entire Nordic Region, although it is more relevant to some geographical areas than to others. The publication maps the scale and distribution of bio-based industries, such as forestry, fisheries, aquaculture and biogas production and contains informative and concise description of the Nordic Bioeconomy.

In 2014 NCM initiated a new project: “Test centers for green energy solutions – Biorefineries and Business needs” to strengthen Nordic bioeconomy by identifying potentials, obstacles, needs and opportunities. The Nordic bioeconomy has a unique profile: Upgrade of many types of residues also to higher value products; good collaboration between private and public sector; R&D efforts in all Nordic countries. However, shortcomings were also identified: few activities across Nordic countries beyond designated Nordic programs; too few upscaling facilities; need for improved framework conditions (within regulatory and market stimulus) for biobased products. This report is part of the Nordic Prime Ministers' green growth initiative: “The Nordic Region – leading in green growth” - read more in the web magazine “Green Growth the Nordic Way” at www.nordicway.org or at www.norden.org/greengrowth

The Nordic Bioeconomy Programme presented in this document combines environmental, social and economic ambitions for a more sustainable Region. The bioeconomy is of fundamental importance to the national economies of the Nordic countries, and especially important for rural development in large parts of the Region. The programme aims to create new industries and value chains and to facilitate and guide the transition of bio-based industries into technology advanced industries, and to optimise the production and value creation of biomass. The programme sets out a vision for the Nordic bioeconomy based on four pillars: - competitive bio-based industries - sustainable resource management - resilient and diverse ecosystems - inclusive economic development To reach this vision, the programme defines 15 action points under three thematic areas: Innovate – Accelerate – Network. The focus is on development of new policies on regional, national and Nordic level, for increased funding, better education, labelling and certificates, bioeconomy clusters and several other areas. The programme also contains an appendix with sustainability principles that can be seen as a step towards developing common ground and good practices for a sustainable bioeconomy in the Nordic Region.

(This book is a printed edition of the Special Issue "Sustainability Transition Towards a Bio-Based Economy: New Technologies, New Products, New Policies" that was published in Sustainability

This book demonstrates that a holistic approach to the bioeconomy is essential if it is to achieve its full potential in driving economic growth while simultaneously providing ecological, social and technological benefits. Definitions of the ‘bioeconomy’ vary but in general it incorporates the ways in which societies manage and distribute their primary or secondary biological resources for further use in everyday life (e.g. food, materials, and energy). The classical sectors related to the bioeconomy have therefore been agriculture, forestry and aquaculture, now extended to include bioenergy, biofuels, biochemicals, and other processing and service industries. There are also related new concepts such us the blue economy, the green economy, and the circular economy. This book integrates these definitions, sectoral analyses and new concepts into a fully rounded study of the bioeconomy. It is argued that the key aims in the coming years have to be the harmonization of public policies between different sectors, regulation of legislative framework for the bioeconomy, and clear communication of these issues. In particular, the book argues that a strengthening of the monitoring and evaluation of the impacts of the bioeconomy on society is an essential starting point. For this to be effective, appropriate indicators need to be established and defined for the monitoring of the effects of these resilient policies related to bioeconomy and their impact on local and regional development and quality of life. This book will be essential reading for anyone interested in the bioeconomy including students and scholars of ecological economics, environmental economics, sustainability, innovation, and regional development.

Available online: https://pub.norden.org/temanord2023-504/ The Nordic region aims to be a forerunner in the transition to circular economy. This project aimed to find areas, industries, and sectors, and potential in them, important for the circular transition in the Nordics. The barriers for unleashing the potential were also studied.Four areas of industry and two cross-cutting drivers were selected for the study. The bioeconomy, the food and beverage sector, building and construction, and the mobility sector play a prominent role in the Nordic economies. They are also responsible for significant emissions and waste. The drivers – applying new circular business models and better exploiting data/digitalisation – can bring change that holds promise for significant benefits.The study’s results are summed up in a set of recommendations addressing how the barriers can be torn down and how positive impacts of circular transition can be supported.

The Nordic Bioeconomy Initiative, NordBio, was a cooperation program launched under Iceland’s presidency of the Nordic Council of Ministers in 2014, with the aim to accelerate the development of a sustainable bioeconomy in the Nordic countries, and to enhance Nordic influence on European and global bioeconomy policies. The NordBio program was based on cross-sectoral cooperation with the involvement of five Nordic Councils of Ministers and three governmental ministries in Iceland. One important result of this cooperation was the establishment of a Nordic Bioeconomy Panel, tasked with developing a common Nordic bioeconomy strategy, expected to be finalised before the end of 2017. This report is the final report of the NordBio program. It contains a summary of the main outcomes of the program, including its projects, the Nordic Bioeconomy Panel, and the closing conference of the program.