Indicators for sustainable bioeconomy
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Bioeconomy holds great promise for transforming how we live, produce, and share resources, with people and the planet at the heart of development. But this potential will not be fulfilled without clear metrics of what counts as sustainable bioeconomy and how it can be monitored and assessed. They must also empower all stakeholders – policymakers, businesses, investors, researchers, communities – to steward biological resources responsibly and ensure that their benefits are equitably shared.This publication introduces a prioritization approach and an accompanying database. They are an important step toward filling this gap, offering a wide and comprehensive range of indicators that users can draw from in ways that are in line with their own strategies and targets and connected to global ambitions such as the 2030 Agenda for Sustainable Development.The G20 High-Level Principles on Bioeconomy are our starting point for assessing and categorizing bioeconomy-relevant indicators drawn from a range of sources across three broad categories (territories, products and value chains, and business and sectoral indicators). The FAO Aspirational Principles and Criteria for Sustainable Bioeconomy allow to identify indicators that cover similar sustainability issues. While there is no ‘one-size-fits-all’ set of indicators, the social, economic and environmental dimensions of sustainability as well as good governance principles should be all covered at least once to keep the number of indicators to a manageable yet representative number. A more robust foundation for evidence-based decision-making can lead to improved policy coherence and sustained investment in inclusive, resilient, and sustainable bioeconomy development.