Parallel session - Getting (some) numbers right – derived economic indicators for the bioeconomy
Europe’s Bioeconomy Strategy is currently being updated and a roadmap, published in 2018, stresses the need for better monitoring and assessment frameworks, in particular providing SMART (Specific, Measurable, Attainable, Relevant and Timely) indicators across relevant sectors.
Many bioeconomy documents refer to turnover and job numbers, see for example JRC Research Brief and Nova institute.
This session, starting with an intervention by DG RTD on the state of play of the European Bioeconomy and bio-based industry, gathers experts in the field to discuss and compare key indicators.
The first part investigates the main growth and job indicators for the EU and Member States with views from different countries and stakeholders. The diversity of experiences gathered in this part is sought to help refining methodologies and estimations. The second part investigates economic indicators of the emerging sector of bio-based chemicals.
This side-event brings together policy officers from national and EU administrations, researchers, and sector experts to scrutinise the socioeconomic indicators we use on a daily basis. Do we have a realistic picture of today’s bioeconomy in Europe? Are we using the right indicators with the correct data? What are the avenues to improve in the short-term?