Bioeconomy is the production, utilization, conservation, and regeneration of biological resources within and across all economic sectors and enables a transformation to a sustainable economy (Global Bioeconomy Summit Communiqué, 2024). It supports the livelihoods of billions of people and offers solutions to key global challenges, such as climate change, biodiversity loss, and food insecurity. However, much of its potential remains underdeveloped, particularly in countries where biological resources are most available. 

FAO works with governments and partners across the globe to advance bioeconomy for sustainable food and agriculture, supporting the development of national strategies, strengthening value chains, and promoting innovation.