Royal Highness The Prince of Wales - Photo by Hugo Burnand
Photo by Hugo Burnand

The Circular Bioeconomy Alliance initiative was established in 2020 by His Majesty King Charles III (formerly His Royal Highness The Prince of Wales).

In September 2023 the Circular Bioeconomy Alliance became a registered charity. It intends to build upon the successes of the initiative bearing the same name which was hosted by the European Forest Institute, and which had become a leading collaborative platform with around fifty members including scientific organisations, corporations, banks and funds, indigenous peoples, NGOs and companies.

The CBA provides funding, expertise, and know how to facilitate projects designed to accelerate the transition to a circular bioeconomy that is climate neutral, inclusive and prospers in harmony with nature.

In the last 50 years, the biosphere upon which humanity depends has been altered to an unparalleled degree. Our current economic model, which relies on fossil resources and is addicted to “growth at all costs”, is putting at risk not only life on our planet, but also the world’s economy.

A circular bioeconomy offers a conceptual framework for using renewable natural capital to holistically transform and manage our land, food, health and industrial systems as well as our cities. Putting forward a new economic model will require transformative policies, purposeful innovation, access to finance, risk-taking capacity as well as new and sustainable business models and markets.