Sustainable growthfrom bioeconomy

Sixten Sunabacka

Strategic Director

Forest sector and Bioeconomy

Ministry of Employment and the Economy of Finland

27.11.2014

Bioeconomy: The next economic wave

• Bioeconomy uses sustainably biological natural resources to produce materials, energy, food and services

• Aims: Decrease dependency on fossil raw materials, prevent deprivation of ecosystems, promote economic development and create new jobs

GDP andwellbeing

Natural economy

Fossil economy

1900 2014 2030

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The potential of Finnish forests

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Finland’s well-being is based on our ability to use renewable resources efficiently and sustainably. Forests and clean nature have always been the basis of our existence.

Biodiesel from tall oil – combined with pulp production

Biogas and -ethanol from residues –

combined with pulp and sawnwood production

Bio oil from forest residues – combined with heath

and power production

UPM

Metsä Group

Fortum

Innovation, cooperation and combination make Finland a pioneer in bioeconomy

Wood in innovative urban construction

Finland’s bioeconomy strategyStrengths, vision and strategic goals

1. A COMPETITIVE ENVIRONMENT

2. NEW BUSINESS

3. A STRONG KNOW-HOW

4. USABILITY AND SUSTAINABILITY OF BIOMASS

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Sustainablebioeconomy

solutions are the basis of Finland’s

welfare and competitiveness.

Strenghts: Natural resources, know-how and the industrialplatform

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Finnish bioeconomy priorities for the EU

1. Enhance competitiveness and growth – A shared vision, favourable and predictableenvironment

2. Create demand for biobased products –Strengthening of people’s awareness, Levelplaying field

3. Finance R & D & I – Financing of first of itskind investments, pilots and demonstrations.

4. Ensure acceptability, availability and sustainability – Ensure public acceptabilityof extensive and sustainable use of biomass

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Drivers and obstacles

Drivers

• Global trends (population growth, climate change).

• A strong political and stakeholder support.

• Large natural resources, know-how and the industrial platform.

• Innovativeness, integration and cooperation.

Obstacles

• The competitiveness and restructuring of the traditionalindustry.

• The present legislation and regulations.

• Peoples attitudes.

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Finland’s role in the European bioeconomy

• Finland has a central role especially in the forest basedbioeconomy.

• Finland provides Europe with a wide range of biobasedalternatives to fossil materials, transport fuels, chemicals and energy.

• Finland delivers actively bioeconomy know-how, technology, innovation and investment best practises.

• Finland’s pure nature is a source of health and well-beingservices for a growing demand.

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Ask a Finn!

www.bioeconomy.fi

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