SHS Web Conf.
Volume 120, 2021Sixth International Scientific Conference “BUSINESS AND REGIONAL DEVELOPMENT”
|Number of page(s)||6|
|Section||Regional Development and Governance in the Transition to a Green Economy|
|Published online||24 August 2021|
Bioeconomy as an innovative approach to rural development in the context of Common Agricultural Policy in EU
Department of Agricultural Economics, Faculty of Economics, University of Economics, Varna, Bulgaria
* Corresponding author: email@example.com
Bioeconomy is an innovative approach in the economy of the region, aimed at integrating the available natural and labour resources, production facilities, the achievements of science in the field of innovation technologies. These are related to the production of material goods, the conversion of production and energy in the direction of fuller utilization of organic and mineral sources as a raw material resource for achieving sustainable development in the field of production and consumption, stable economic development and growth living standards of the population while protecting the environment and resources. The aim of the report is to analyze the possibilities for applying the bioeconomy in rural areas through research and innovation, stimulating private investment, developing new value chains and engaging stakeholders. The role of the CAP in supporting and financing activities of the bio and circular economy models is argued.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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