From Policy to Practice Actionable Recommendations for a Commercial Bioeconomy 2025

Coalescing around a path forward together Given the significant opportunities related to national security, competitiveness, food security and supply chain resilience, governments are more motivated than ever to translate national strategies into key drivers of economic growth. However, the path for governments to drive such transformation and implement strategies that translate into thriving, commercially relevant bioeconomies remains unclear. Commercialization pathways that bridge technology to market FIGURE 2 Piloting and scale-upPre- commercializationCommercializationRoutes to market Research and developmentDiscovery and ideationEarly-stage funding and business care Scale productionCommercialization pathway Challenge: Commercial viability isn’t clear with lengthy timelines and costs associated with commercialization and uncertainty around industry and consumer demand Technology development Challenge: Appropriate adoption of converging technologies and matching industrial performance Customers and consumers Demand Note: The commercialization and technology development pathways must be considered hand-in-hand to avoid a technology push, which risks technologies emerging from the bench with limited market traction. The policy framework recommendations bridge this gap by illustrating how governments can drive transformation and implement strategies to accelerate commercially relevant biosolutions. Moving from policy ambition to commercially viable and globally competitive bioeconomies requires more than strategy alone. The Forum’s Bioeconomy Policy Framework provides a practical roadmap to accelerate this transition, shifting from a technology push model, where innovations struggle to gain market traction, to a market pull environment driven by active industry and consumer demand (Figure 2). By bridging this gap, governments can better harness the bioeconomy’s full potential as a driver of national security, economic growth and resilience, while laying the foundation for innovation- driven industries and a future-oriented society. A word on the framework The framework is designed to be simple, actionable and adaptable. It puts forward 14 recommendations across four key categories: regulation, incentives, financing, and access and education. Each recommendation is illustrated with a real-world example demonstrating how they are applied (Table 1). While the framework provides a comprehensive guide, it is not a one-size-fits-all solution: the mix of recommendations should be carefully tailored to each country’s regional context and national priorities. 7 From Policy to Practice: Actionable Recommendations for a Commercial Bioeconomy