APEC emphasizes bio-circular-green economy growth

WITH the effects of climate change worsening, Asia-Pacific Economic Cooperation (APEC) member countries can consider policy approaches to realize a sustainable future inspired by the bio-circular-green (BCG) economy, including fostering foreign linkages among firms to facilitate technological diffusion.

Sylwyn Calizo Jr., a researcher at the APEC Policy Support Unit and author of the policy brief "Charting New Pathways for APEC: A Sustainable Future Inspired by the Bio-Circular-Green (BCG) Economy," said a BCG economy integrates policies across the bioeconomy, the circular economy and the green economy. By doing so, BCG economy solutions synergize the individual strengths of all three.