Bioeconomy Policy Framework
The initial legal document for developing bioeconomy policies is the Updated Bioeconomy Strategy of the European Commission (EC) from 2018. At the beginning of 2020, the Ministry of Agriculture and Food adopted a Strategy for Strengthening the Role of the Agrarian Sector in the Bioeconomy. Later, the Council of Ministers adopted a Strategy and Action Plan for the Transition to a Circular Economy of the Republic of Bulgaria for the period 2022-2027, which contains activities related to the circular bioeconomy.
Under the BIOEAST Initiative and the BIOESTsUP project, a Bioeconomy Concept Paper was developed, which identifies key strategic directions for priority industrial sectors of the bioeconomy. As a follow-up, a draft Bioeconomy Strategy was elaborated and submitted to the Ministry of Agriculture and Food.
Current bioeconomy strategies and development trends
The establishment of the BIOIEST HUB – Bulgaria under the BOOST4BIOIEST project, will contribute to updating existing strategic documents and supplementing them with a Bioeconomy Action Plan.