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BioBaltic - a project boosting the Nordic-Baltic Cooperation on circular bioeconomy


By Henrietta Nyström


The Nordic and Baltic countries are rich in biological renewable resources, such as crops, plants and forests and have a long tradition of using them to foster economic growth. We are happy to introduce a recently launched project BioBaltic: Nordic-Baltic cooperation within bio-circular-economy. The project gathers partners from which brings the Nordic countries and Estonia, Lithuania and Latvia together to facilitate and deepen co-operation in the field of bio- and circular economy. 


How could we make use of the existing bioresource potential?


Traditional sectors such as agriculture, forestry, fisheries, and food processing represent, the most obvious, and extensive use of bioresources, but there is a vast potential for unexplored uses of bio-based materials to produce all kinds of products, from textiles to chemicals, as well as to develop bio-based services. Replacing fossil-based with bio-based materials, which are locally sourced, provide us with the opportunity to generate benefits for regional economies and societies, while reducing the pressures on the environment.


What can Nordic and Baltic countries learn from each other? 


The core of the project is to explore good bioeconomy practices in the Nordic-Baltic region that are worth expanding and replicating and to find innovative economic and governance models for implementing them.


What is bioeconomy?


Bioeconomy refers to a part of the economy that utilizes renewable biological land and marine resources for business and wellbeing purposes. As a part of the circular economy, bioeconomy advocates the reuse of by-products from material processing stages and end-of-life products. As a result, it prolongs the life cycle of materials.



In line with the European Green Deal ambitions, the 'Green Transition' requires both technological innovations and a re-organisation of the existing institutional and governance systems. Thus, this work is carried out in collaboration with a diversity of Nordic and Baltic stakeholders from academia, public and private sectors, and other interest organisations to identify new ways of working together. In addition to improving environmental resilience, we are particularly interested in the potential that bioresources, used through innovative economic and governance models, have for regional development, in terms of added value, innovation, job opportunities and the wellbeing of people in the Baltic and Nordic countries.  



Get in touch! 


Do you have any inspiring bio-circular economy examples from the Nordics or Baltics to share? Get in touch with us! We are ready to engage with you and share your experiences!




The project collaboration centers around specific subtopics within bioeconomy in each Baltic country. Follow the country-specific progress stories later this year on our website!

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