From Policy to Practice Actionable Recommendations for a Commercial Bioeconomy 2025
Page 19 of 39 · WEF_From_Policy_to_Practice_Actionable_Recommendations_for_a_Commercial_Bioeconomy_2025.pdf
Summarizing framework recommendations
on government-driven incentives
What we’re striving for: a future where government-led incentives
spearhead a commercial shift increasingly fuelled by commercial
bio-innovation
Incentives are key to shaping demand, influencing
consumer behaviour, investment and market
dynamics. By lowering adoption barriers and
aligning market actions with policy goals, they help
create the conditions for market transformation.
To unlock this potential, governments can support
a phased transition from traditional to bio-based
industries, gradually rebalancing subsidies, investing
in reskilling and upgrading legacy manufacturing
for bioproduction. This approach reduces
disruption and strengthens economic resilience. A well-designed mix of financial, regulatory and
behavioural incentives such as tax and consumer
credits, subsidies and supply chain support,
can drive private sector adoption and build early
market momentum. Incentives are not permanent
solutions but strategic, time-bound tools that help
innovations scale and become cost-competitive.
Ultimately, targeted incentives enhance the
competitiveness of bio-based products, support
a sustainable economic transition and position bio-
innovation for lasting commercial success.
19 From Policy to Practice: Actionable Recommendations for a Commercial Bioeconomy
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