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Bridging the Gaps for a ‘Circular’ Bioeconomy: Selection Criteria, Bio-Based Value Chain and Stakeholder Mapping

Author

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  • Kadambari Lokesh

    (Green Chemistry Centre of Excellence, University of York, York YO10 5DD, UK)

  • Luana Ladu

    (Faculty of Economics and Management, Technische Universität Berlin, Sekr. MAR 2-5, Marchstraße 23, 10587 Berlin, Germany)

  • Louise Summerton

    (Green Chemistry Centre of Excellence, University of York, York YO10 5DD, UK)

Abstract

Bio-products and bio-based value chains have been identified as one of the most promising pathways to attaining a resource-efficient circular economy. Such a “valorization and value-addition” approach incorporates an intricate network of processes and actors, contributing to socio-economic growth, environmental benefits and technological advances. In the present age of limited time and funding models to achieve ambitious sustainable development targets, whilst mitigating climate change, a systematic approach employing two-tier multi-criteria decision analysis (MCDA) can be useful in supporting the identification of promising bio-based value chains, that are significant to the EU plans for the bio-economy. Their identification is followed by an elaborate mapping of their value chains to visualize/foresee the strengths, weaknesses, opportunities and challenges attributable to those bio-based value chains. To demonstrate this methodology, a systematic review of 12 bio-based value chains, prevalent in the EU, sourcing their starting material from biomass and bio-waste, has been undertaken. The selected value chains are mapped to visualize the linkages and interactions between the different stages, chain actors, employed conversion routes, product application and existing/potential end-of-life options. This approach will help chain-actors, particularly investors and policy-makers, understand the complexities of such multi-actor systems and make informed decisions.

Suggested Citation

  • Kadambari Lokesh & Luana Ladu & Louise Summerton, 2018. "Bridging the Gaps for a ‘Circular’ Bioeconomy: Selection Criteria, Bio-Based Value Chain and Stakeholder Mapping," Sustainability, MDPI, vol. 10(6), pages 1-24, May.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:6:p:1695-:d:148489
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    11. DeBoer, Jennifer & Panwar, Rajat & Kozak, Robert & Cashore, Benjamin, 2020. "Squaring the circle: Refining the competitiveness logic for the circular bioeconomy," Forest Policy and Economics, Elsevier, vol. 110(C).
    12. Koppiahraj Karuppiah & Bathrinath Sankaranarayanan & Syed Mithun Ali & Ernesto D. R. Santibanez Gonzalez, 2023. "Impact of Circular Bioeconomy on Industry’s Sustainable Performance: A Critical Literature Review and Future Research Directions Analysis," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    13. D'Adamo, Idiano & Falcone, Pasquale Marcello & Imbert, Enrica & Morone, Piergiuseppe, 2020. "A Socio-economic Indicator for EoL Strategies for Bio-based Products," Ecological Economics, Elsevier, vol. 178(C).
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    16. G. Venkatesh, 2022. "Circular Bio-economy—Paradigm for the Future: Systematic Review of Scientific Journal Publications from 2015 to 2021," Circular Economy and Sustainability, Springer, vol. 2(1), pages 231-279, March.
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