Blue Bioeconomy Pact

Advocating a new sustainable, innovative, and decarbonizing paradigm that finds in the sea a response to the challenge of the global scarcity of terrestrial resources, and bringing together several national industries, the Blue Bioeconomy Pact positions itself as a strategic response to these challenges.

In this context, it foresees the development of new products, processes, and services resulting from the incorporation of blue bioeconomy assets into new or existing value chains, with a positive impact on the environment, consumers’ lives, and national exports.

It will invest in seven sectors – through the application of biomaterials; a new paradigm for bivalve production; marine-based textiles; sustainability in the food sector; increased algae production; circular feeding solutions; and bioinformatics for the fisheries sector – as well as in three cross-cutting initiatives aimed at accelerating the development and commercialization of sectoral products and services: the Portuguese Blue Biobanks network, a digital platform for the valorization of marine co-products, and the promotion of growth and internationalization of companies and SMEs.