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The United Kingdom will provide technical support to Brazil to develop a bioeconomy policy

Lovell Massy by Lovell Massy
March 26, 2024
in Top News
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Government of UK Up to £1 million (about R$6.3 million) will fund the development of technical support Bioeconomy In a joint project between the two countries signed in May last year by the Brazilian government. These resources will be allocated to a consortium led by the Brazilian Business Council for Sustainable Development (CEBDS). Ministry of Environment (MMA).

The consortium – which includes the Brazilian Climate, Forestry and Agriculture Consortium, Nature Conservancy (TNC) Brazil and the Arapyaú Institute – will develop technical standards that will provide input to the MMA to create the country's first national bioeconomy plan. It will be launched this Tuesday the 26th in Brasilia.

According to MMA Bioeconomy Secretary, Carina Pimenta, the government intends to develop a policy focused on socio-biodiversity, which works with traditional people and small producers. “The project will address various fields such as the financial system and science and technology strategies used for the development of startups or community-based businesses.” Regulatory aspects to promote the bioeconomy will also be included.

“The bioeconomy is a new topic in government, although it has already been developed in the private sector and academia. We still need the organization of public policies,” says Pimenta.

According to Juliana Lopes, Director of CEBDS, the activities benefiting from the National Bioeconomy Plan must be based on the principle of sustainable use of biodiversity, conservation and regeneration of nature. Photo: Daniel Teixeira/Estado

Juliana Lopes, director of CEBDS, said that the plan should be prepared considering activities that have principles of sustainable use of biodiversity, conservation and regeneration of nature. “This is a guiding principle. Since then, we have proceeded from the logic that departments should adhere to these principles.

The aim is that by COP-30 (30th UN Conference on Climate Change) in Brazil in 2025, the bioeconomy policy framework and its main instruments will already be implemented. “From a business point of view, it will provide legal certainty, pointing to an important path to attract investment,” says Lopes.

Before that, the Federation should encourage public consultations on the topic and encourage regional workshops to gather contributions from civil society. Then, the proposals should be submitted to the MMA.

Lovell Massy

“Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate.”

Lovell Massy

Lovell Massy

"Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate."

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