The Us Bioeconomy Is Worth $950 Billion, and Growing, Thanks to These Federal Policies
The White House is ramping up its push into the bioeconomy, which it says is worth $950 billion and growing quickly.
The White House's Office of Science & Technology Policy has created the Bioindustrial Manufacturing Innovation Institute, or BioMADE, which is "focused on really helping the United States gain and expand a foothold in the manufacturing of chemicals, materials, and other products outside of the healthcare universe, using biology and biological systems," an adviser to the Office of Science & Technology Policy tells GreenBiz.
Examples of bio-based products include everything from biofuels to biobased plastics.
"Biotechnology...
is pushing on 40 years as an industry," the adviser says.
"Today, the US is valued at over $950 billion."
The bioeconomy includes agricultural biotech, biobased products, and petroleum-alternatives.
Another major sector is agriculture.
Biotech crops are helping farmers reduce their soil, reduce pesticide applications, and increase crop yields per acre with the same or fewer inputs.
In France, Michelin and IFPEN unveiled an industrial-scale facility to produce biobased butadiene, a main ingredient in rubber.
The facility can produce about 20 to 30 metric tons of biobased butadiene a year, a number on its own woefully inadequate to make a tangible
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Hitachi Raises Climate Ambition to Net Zero Across Value Chain by 2050 
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Webinar Provides Soils Rules Roundup With Western Canadian Panel 
How are leaders in the industry applying best practices to achieve compliance and resource recovery? Join us to get the lowdown on dirt management in Western Canada!Meet Our Panel: Scott PURVES,...more
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The Naria Framework: A National Solution For Biodiversity Policy, Reporting and Finance 
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Release: New Report Details Innovative Approach to Permanence For Natural Climate Solutions 
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Indorama Ventures Champions Industry Transformation and Circular Innovation At Apic 2025 
Indorama Ventures joined some 1,500 delegates from across the globe to discuss sustainability, innovation, and industry cooperation.APIC 2025 promoted the petrochemical industry's role in driving...more
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New Biochar Documentary Highlights Exomad Green's Climate Impact
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The New York Times to Host the Climate Forward Live Event on Sept. 24, 2025 
The one-day event returns alongside the 80th session of the United Nations General Assembly (UNGA 80) as well as New York Climate Week in New York City.The talks will be based on critical analysis...more
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Dr. Simon Morgan on Reaching Biodiversity Goals Through the Naria Framework
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Summit Advances Duke Climate Connections and Ideas 
The SALA & Duke Climate and Sustainability Summit gathered more than 100 leaders, researchers and advocates to explore bold climate solutions and institutional commitments.The summit marked a pivotal...more
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Why Climate Risk Is A Threat to the Sports Investment Boom 
Sports face additional financial risks stemming from the climate crisis.Rory McIlroy has teamed up with TPG to launch a sports investment fund.Standard Chartered have launched a fund focused on...more
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Thursday May 29, 2025
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
