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Waste derived bioeconomy in India: A perspective
Venkata Mohan S1, Chiranjeevi P1, Shikha Dahiya1
1Bioengineering and Environmental Sciences Lab, EEFF Department, CSIR-Indian Institute of Chemical Technology (CSIR-IICT), Hyderabad 500 007, India.
India can transition to a sustainable circular bioeconomy by utilizing abundant biogenic waste as a valuable resource. This approach addresses environmental challenges and reduces reliance on fossil fuels.
Area of Science:
- Environmental Science
- Biotechnology
- Sustainable Economy
Background:
- The current fossil-based linear economy faces challenges like climate change, resource depletion, and waste generation.
- A global shift towards a sustainable circular bioeconomy is underway.
- India generates substantial biogenic waste, presenting an opportunity for a waste-derived bioeconomy.
Purpose of the Study:
- To highlight the necessity of developing a waste-derived bioeconomy in India.
- To explore waste as a valuable resource that can supplement petroleum feedstock.
- To discuss the integration of waste into future economic models for sustainable development.
Main Methods:
- Reviewing the drivers for a bioeconomy.
- Structuring a waste-derived bioeconomy model for India.
- Elaborating on enabling technologies for biogenic waste valorization.
- Discussing circular economy principles within a waste biorefinery framework.
Main Results:
- Waste can be effectively utilized as a resource, reducing dependence on fossil fuels.
- A structured waste-derived bioeconomy can address future economic and business needs.
- Various technologies exist for converting biogenic waste into valuable biobased products and bioenergy.
Conclusions:
- Developing a waste-derived bioeconomy is crucial for India's sustainable future.
- Circular economy models, particularly waste biorefineries, are key to maximizing resource value.
- This transition offers significant scope and opportunities in the business and economic sectors.
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