Transition to a circular bioeconomy requires getting prices right

A woman stands in front of a field of crops

Conventional food and agricultural production systems employ a linear “take, make, waste” approach: taking natural resources from the Earth to make food and fuel, generating waste that contaminates the soil and water, and emitting harmful pollutants.

More recently, a new model of production is gaining traction in the scientific and business community: a “circular bioeconomy” that reduces and recycles waste, transitions away from fossil fuels to renewable bio-based alternatives, and regenerates natural systems. This approach is critical for feeding and fueling the world’s growing