Bioeconomy in the Shade of Green Deal: The System Dynamic Approach

Author:

Dolge Kristiana1,Bohvalovs Girts1,Kirsanovs Vladimirs1,Blumberga Andra1,Blumberga Dagnija1

Affiliation:

1. Institute of Energy Systems and Environment, Faculty of Electrical and Environmental Engineering , Riga Technical University , Azenes street 12/K1, LV-1048 , Riga , Latvia

Abstract

Abstract At the end of 2019, the European Commission launched a new growth strategy called ‘The European Green Deal’ (GD), which aims to ‘transform the European Union (EU) into a fair and prosperous society with a modern, resource-efficient a competitive economy with no net greenhouse gas emissions in 2050 and where economic growth is decoupled from resource use’. This study present developed system dynamic (SD) tool for determining bioeconomy development until 2030 and impact of different GD strategy activities on achieved progress. The bioeconomy index the created and used to measure bioeconomy progress for all scenarios. The optimal scenario was identified between reaching climate goals and adding value to the agricultural, forestry and fisheries resources.

Publisher

Walter de Gruyter GmbH

Subject

General Environmental Science,Renewable Energy, Sustainability and the Environment

Reference17 articles.

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