The quest for Atlantis: discovering the treasures of blue bioeconomy

September 3, 2020 2:30 - 4:00

Location: Virtual Room 3

About

50% OF THE OXYGEN WE BREATHE COMES FROM THE OCEAN; WHY NOT 50% OF OUR DAILY PRODUCTS?
Blue Bioeconomy is an exciting and emerging field of bioeconomy that uses aquatic biological resources from oceans and freshwater to offer innovative products in an ecological and economically sustainable way. Aquatic biomass refers to fisheries residues, shellfish, crustaceans, and algae that contain an enormous untapped reservoir of biological compounds. These underutilized and unexplored resources offer unique solutions for high-value products, such as pharmaceuticals and cosmetics, as well as for food, feed and energy to cover the needs of the increasing population.

A NEW ELDORADO
Blue Bioeconomy is already a trillion dollar industry, but its huge potential and unprecedented rate of development labelled it “the next big thing”. However, great opportunities come with big challenges: high costs, technical hurdles, incomplete regulations and little consumer awareness. 100 partners from 20 countries in 8 research & innovation BBI JU projects are finding smart solutions through interdisciplinary work and strong industrial-academic collaboration. These pioneering projects are de-risking future investments by demonstrating the feasibility and cost effectiveness of their novel biorefineries, developing integrated value chains from primary producers to end-users in order to bring competitive and functional products to the market.

TOWARDS THE GLOBAL GOALS 2030
Blue Bioeconomy is one of the main sectors for achieving a healthy and wealthy planet. Fighting hunger with high nutritional value food from microalgae, and poverty through the revitalization and job creation in coastal areas, are the first impacts. New synergies can also have unexpected benefits: seaweed farms used for feedstock act as carbon sinks, but can increase the fish population and enhance biodiversity, or even control coastal erosion. The Europeans are drafting the first roadmap to make the treasures of Blue Bioeconomy shine!

Go back