WBCSD released the CEO Guide to the Circular Bioeconomy, a call for the shift towards a sustainable, low-carbon, circular bioeconomy. It presents a USD $7.7 trillion opportunity for business by 2030, establishing the circular bioeconomy as a nature-based solution that addresses five of our greatest environmental priorities.
While the global population has doubled over the last 50 years, resource extraction has tripled. 90% of biodiversity loss and water stress are caused by natural resource extraction and processing. Unless we become more effective in how we harvest, process, use and reuse biological resources, we will be confronted with the catastrophic consequences of climate change, biodiversity loss and resource scarcity.
The Guide – developed in cooperation with The Boston Consulting Group and signed by 16 CEOs from leading companies – gives business leaders a clear understanding of the topic and the opportunities it offers to their company.