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Bioeconomy

Latin America has been one of the regions of the world most affected by the effects of the pandemic in economic and social terms due to the increase in unemployment, poverty and inequality; however, several governments highlight that the bioeconomy can be one of the most effective strategies for recovery. This research area seeks to mobilize changes in public policies, business strategies, research plans and social action to facilitate the transition to a sustainable and inclusive bioeconomy.

Recent projects in this area include case studies of biological resources with potential for the bioeconomy, public policy dialogues to generate roadmaps at the national and subnational levels, among others. From 2019–2021, we conducted two case studies of bioresources with potential for the bioeconomy: quinoa in Bolivia and cassava in Colombia.

We are currently analyzing methodologies that include the sustainable use of wildlife (Guyana) and non-timber forest products (Colombia). In this same period, we have conducted two public policy dialogues in Colombia that have allowed us to generate roadmaps at different levels: national (Bogota – 2019) and subnational (Cali – Valle del Cauca, 2020).

In the long term, the initiative proposes to contribute to the transformation of the Latin American economy aligned with the decarbonization, including values of competitiveness, sustainability and equity based on the generation of value and innovation from biodiversity.

 

Farmers in Chojnacota, Bolivia

Farmers in Chojnacota, Bolivia. Photo: Nella Canales / SEI.