The Finnish Bioeconomy

Sixten SunabackaStrategic Director

Forest sector and BioeconomyMinistry of Employment and the Economy of Finland

26.3.2015

Contents

• The Finnish bioeconomy• Sustainble forest management as a basis for bioeconomy

growth• Video; Headlines from the Finnish bioeconomy strategy

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Sustainable growthfrom bioeconomy

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Bioeconomy: The next economic wave

• Bioeconomy uses sustainably biological natural resources to producematerials, energy, food and services

• Aims: Decrease dependency on fossil raw materials, preventdeprivation of ecosystems, promote economic development andcreate new jobs

GDP andWell-being

Natural economy

Fossil economy

1900 2014 2030

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Bioeconomy value chains (ecosystem)

Wood processingWood processing

ChemistryChemistry

EnergyEnergy

FoodFood

ConstructionConstruction

Ecosystem and other servicesEcosystem and other services

Biomass ProductsExpertise

Bioeconomy value chains produce goods, services andsolutions sustainably

and through clean technologies e.g. cleantech

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Turnover€60bn

Share ofemployment

13%

Share ofexports

26%

Bioeconomy’s significance in Finland

Finland seeks to increaseits bioeconomy output to100 bn euro and to create

100,000 new jobs

We have the renewableresources, know-how and

industiral platform forbeing a frontrunner

More than half of ourbioeconomy is forest

based

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Biodiesel from tall oil – combined with pulp productionBiogas and -ethanol from residues –combined with pulp and sawnwood production

Bio oil from forest residues – combined with heathand power production

UPM

Metsä Group

Fortum

Innovation, collaboration and integrationmake Finland a pioneer

Wood in innovative urban construction

Metsä Group

Government policy -The BCD-strategy(Bioeconomy, Cleantech and Digitalisation)

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“In industrial renewal, the bioeconomy, cleantech anddigital business will be the Government’s prioritysectors...”

Strategy into action

1. Implemented in cooperation betweenseveral ministries and other stakeholders

2. Coordinated by a strategic programme setby the Government

3. Supported by a broad bioeconomy panelof stakeholders chaired by the Minister ofEconomical Affairs

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Implemented actions

1. Boosting investments – An International Biorefinery Competition2. Finnish bioeconomy priorities for the EU3. A regulatory survey on ”Bioeconomy bottle necks and boosters”4. A project on inventorying biomass resources5. Promotion of exports of biobased products and technologies

6. A communication and media action plan7. Tools for promotion and a public discussion

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Focus areas; Investments, regulation and export

Supportive actions

Finnish forests in a nutshell

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• Total forest area 22,8 mill. ha (75 % of the land area)• Share of forest land owned by families 53 %• Strictly protected forests 2 mill. ha (9 %)• Certified forests of comercial forests 95 %

The potential of Finnish forests

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Finland’s well-being is based on our ability to use renewable resourcesefficiently and sustainably. Forests and clean nature have always been the basisof our existence.

Conclutions

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• Bioeconomy is the next economic wave

• Finland’s well-being is based on our ability to userenewable resources efficiently and sustainably

• Finland is already offering the world sustainablebioeconomy know-how and solutions

• We are ready to share this expertise and offersolutions for resource efficient processing ofbiomass

Ask a Finn!

Bioeconomy.fi

26.3.2015