Catalyzing Public and Private Investments to Scale Up Socio-Bioeconomy and Nature-Based Solutions

Socio-bioeconomy presents a promising approach to sustainable development by leveraging biological and social diversity to transition away from fossil-fuel based economic systems while simultaneously creating income and employment opportunities for Indigenous and rural communities worldwide. Because the bioeconomy values the sustainable utilization of renewable biological resources, nature-based solutions (NbS), which are a facet of the socio-bioeconomy, gain increasing prominence.

The development of socio-bioeconomy depends on substantial investments from both public and private sectors, which require improved institutional coordination, robust planning, and novel methodologies to address. This policy brief proposes a comprehensive framework for investment governance aligned with socio-bioeconomy, offering specific recommendations that G20 countries can adopt and help promote globally. The goal of this contribution is to foster a just development of the socio-bioeconomy by ensuring the rights of communities in accessing natural resources and participating in policymaking processes, and an investment climate that places socio-bioeconomy at the forefront of the development agenda at a global scale.