ACR+

The role of the bioeconomy is a key building block within the EU vision for a modern, competitive and climate neutral model of prosperity. To understand the role that this diverse collective of activities plays within the circular economy requires a systems-wide approach, complete with loops and feedbacks with the broader macroeconomy. In this context, a global economy-wide simulation model – MAGNET – is employed to quantify different medium- to longterm market outlooks for the European and global bioeconomy, with a focus on sustainability as a cross-cutting issue.