Analysis of Bioeconomy Affecting Factors-Climate Change and Production

Abstract

Implementation of bioeconomy has become an important topic on the national and global scale. Bioeconomy and its development is considered to be affected by many factors, for example, climate change, production, technology, waste and so on. Even more, there are linkages between these factors which, when discovered, could help to achieve one of the bioeconomy's goals-sustainable use of bioresources. This paper analysis the interlinkage between two bioeconomy affecting factors-climate change and production. It was discovered that between two chosen factors there are seven common indicators: Greenhouse gas emissions, investments in energy efficiency, energy consumption, waste generated, resource productivity, created wastewater, and use of freshwater. Regression method was used to conduct the strongest links between these common indicators. Results showed that the strongest links are between the indicators: Resource productivity and GHG emissions, energy consumption and waste generated, and resource productivity and waste generated.