Circular Bioeconomy

A circular bioeconomy is an economy powered by nature. It's a fairly new economic model that emphasises the use of renewable natural capital and focuses on minimising waste, replacing the wide range of non-renewable, fossil-based products currently in use.

A circular bioeconomy relies on minimal inputs of finite resources and maximises the use of regenerative resources, while preventing the loss of natural resources such as soil nutrients and water.

Key concepts:

• Designing out waste and pollution
• Keeping resources and products in use for as long as possible
• Extracting the maximum value from resources while in use
• Recovering and regenerating products and materials at the end of each service life

We're aiming to deliver 3 main outcomes.

• Landowners and communities are empowered to manufacture future-smart and sustainable circular agri-food production systems
• The maximum value from resources is extracted and the value of waste has been unlocked where it cannot be eliminated
• The transition to a prosperous, competitive and knowledge-intensive circular bioeconomy in Aotearoa New Zealand has been enabled.