Alongside the main topic of the event, the BIOECON conference has hosted a series of parallel sessions about the economic management of biodiversity, like: ecosystem services in economic development, plant genetic resources and food security issues, deforestation, fisheries, wildlife conservation and endangered species, international trade and regulation and climate change.
Researchers who are involved in the BioMonitor project have facilitated the special session “EU BioMonitor Project Session”, which has been chaired by Hans Van Meijl (Wageningen Economic Research). During the session, they have analysed how the EU Bioeconomy Strategy incorporates the global challenges and how this can be translated into a measurement and monitoring strategy.
Maximilian Kardung (Wageningen University) proposed on using the genuine investment framework to assess the sustainability of the bioeconomy by adding into this model uncertainty and irreversibility as variables while linking the model with the EU bioeconomy strategy.
Myrna Van Leeuwen (Wageningen Economic Research) introduced the Material Flow Monitor (MFM) as a way to monitor the transition of the European bioeconomy towards circularity once it is linked with the system of national economic accounting (SNA). She presented the preliminary results taken from the Dutch Central Bureau of Statistics (CBS), who is also another partner of the BioMonitor project.
Dusan Drabik (Wageningen University) gave a shortlist of indicators that have been able to understand the dynamics of the different national bioeconomy statuses in Europe.
These presentations captured the different facets of the European bioeconomy in terms of monitoring its sustainability, circularity and dynamics at a national scale. These results are being accounted for within the BioMonitor project as it will create the toolbox that stakeholders can use to understand the bioeconomy’s potential in Europe.
International experts have participated to the session and provided their comments.
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