THE FUTURE OF INDUSTRIAL BIOREFINERIES

The WEF study concludes that the development of the bio-based economy is at an early and high-risk stage and no single industry, or company, is cable of managing this phase of its development independently. Government, therefore, has a key role to play in providing seed support – particularly at the pre-competitive stage – to the emerging bio-based sector and creating the market to ensure that it becomes established and successful as quickly as possible.

© 2010 World Economic Forum