{"id":2523,"date":"2021-01-01T00:00:00","date_gmt":"2020-12-31T22:00:00","guid":{"rendered":"https:\/\/www.ibs.ee\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/"},"modified":"2022-03-30T16:28:40","modified_gmt":"2022-03-30T13:28:40","slug":"what-will-estonias-bioeconomy-look-like-in-2050-2","status":"publish","type":"publications","link":"https:\/\/www.ibs.ee\/en\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/","title":{"rendered":"What will Estonia&#8217;s bioeconomy look like in 2050?"},"content":{"rendered":"\n<p class=\"wp-el\">In recent decades,&nbsp;global societal, economic, environmental and climate trends have been marked by&nbsp;a number of unexpected or previously overlooked&nbsp;developments and events, which&nbsp;have been met with extraordinary measures. The ratio of international trade to&nbsp;global GDP, which characterises globalisation, has&nbsp;been fairly stable since the&nbsp;economic crisis of 2008\u20132009, after having grown rapidly in previous decades.&nbsp;In many large countries, however, the question of whether&nbsp;globalisation as it&nbsp;is currently developing is even beneficial to humanity, has become increasingly&nbsp;acute.<\/p>\n\n\n\n<p class=\"wp-el\">At the same time,&nbsp;solutions to the challenges of global warming and preservation of biodiversity&nbsp;are being sought worldwide. Furthermore, mRNA vaccines, which&nbsp;have been placed&nbsp;on the market at an extraordinary pace in the fight against the Covid-19&nbsp;pandemic, point to entirely new scientific and technological opportunities&nbsp;associated with synthetic biotechnology. These opportunities can thoroughly&nbsp;change our understanding of how to live a healthy and fulfilling life, how&nbsp;healthy food is&nbsp;prepared and what products can be made from biological raw&nbsp;materials.<\/p>\n\n\n\n<p class=\"wp-el\">In this&nbsp;scenario analysis, we look at four global development paths of bioeconomy, all&nbsp;of which are equally possible, depending on societal, environmental, climate,&nbsp;economic, energy and political developments in the world, but are characterised&nbsp;by very different dynamics. We analyse the opportunities offered by a more open&nbsp;and a more self-centred economic environment for the development of the&nbsp;Estonian bioeconomy. We also discuss how to embrace the completely new&nbsp;technological&nbsp;and socio-economic opportunities associated with biorevolution,&nbsp;and what to do if, for some reason, novel opportunities related to life&nbsp;sciences and biotechnologies&nbsp;do not materialise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent decades,&nbsp;global societal, economic, environmental and climate trends have been marked&#8230;<\/p>\n","protected":false},"featured_media":0,"template":"","publication-category":[118,117,114],"publication-financier":[],"publication-tag":[],"class_list":["post-2523","publications","type-publications","status-publish","hentry","publication-category-evaluation-and-policy-analysis","publication-category-it-and-technology","publication-category-smart-cities-and-sustainable-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What will Estonia&#039;s bioeconomy look like in 2050? 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| IBS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ibs.ee\/en\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/","og_locale":"en_US","og_type":"article","og_title":"What will Estonia's bioeconomy look like in 2050? | IBS","og_description":"In recent decades,&nbsp;global societal, economic, environmental and climate trends have been marked...","og_url":"https:\/\/www.ibs.ee\/en\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/","og_site_name":"IBS","article_modified_time":"2022-03-30T13:28:40+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.ibs.ee\/en\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/","url":"https:\/\/www.ibs.ee\/en\/publications\/what-will-estonias-bioeconomy-look-like-in-2050-2\/","name":"What will Estonia's bioeconomy look like in 2050? 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