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Bioeconomy Policy Index Highlights Global Strategies and Challenges

Baku:The bioeconomy has become a focal point for political ambition and investment worldwide, with governments implementing strategies aimed at economic growth, resilience, and sustainability. Despite extensive efforts over the years, there remains a critical need to assess which policies are effectively delivering meaningful results.

According to World Economic Forum, the report titled "Bioeconomy Policy Index From Mapping to Meaning" evaluates over 900 bioeconomy policy instruments across seven selected geographies. The report goes beyond strategic objectives to analyze how governments are converting their ambitions into practical actions.

The study identifies where policy support is concentrated, the variation in instrument mixes across different countries and sectors, and highlights areas where evidence of measurable impact is still lacking. Based on these findings, the report provides four practical recommendations for the future development of bioeconomy policies, focusing on market building and tailoring policy portfolios.