The biobased economy has the potential to replace oil, strengthen security of food and energy supplies, create 'green' jobs, increase incomes and ensure green growth – all at the same time.
See how and the opportunities for your region.
We use 87 million barrels of oil every day. Just about anything that's not iron, steel or metal of some sort has some petrochemical component.
The biobased economy - or green economy - is based on plants and waste, and could be a cornerstone of a bigger renewable economy.
Our current economy uses oil refining. A bioeconomy uses biorefineries to refine the components from plants and waste – treating every resource as scarce.
A shift to a biobased economy will mean significant growth and "green" jobs – especially in rural areas.
Many of the products produced with oil can also be produced from plants and waste.
Fiberight uses municipal solid waste (MSW) to produce biochemicals, bioethanol and processed fibers.
CleanStar Mozambique uses locally grown crops to produce food and cooking fuels that replace charcoal – reducing deforestation and CO-emissions and saving lives.
Why plants are really powerplants.
There’s a huge global underutilized resource of agricultural residues available without compromising sustainability.
Novozymes’ biological solutions play a key part in many of the processes that are needed to build a biobased economy.
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