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High-Level Principles on the Bioeconomy

The G20 member countries have defined principles to reconcile development and sustainability with solutions based on nature.

The participants of a G20 meeting on the bioeconomy held in Rio de Janeiro/Brazil in September 2024 presented the “Ten Voluntary and Non-Binding High-Level Principles on the Bioeconomy”. These comprise the inclusion of Indigenous Peoples in the debate, the exchange of best practices between countries, the development of comparable, measurable and context-specific methods for assessing sustainability along all value chains and the promotion of the restoration and regeneration of degraded areas and ecosystems. Although the application of these principles is not mandatory for G20 members, all participants in the September meeting committed to implementing them.

 

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