FROM EXTRACTIVISM AND ILLEGALITIES TO A CIRCULAR BIOECONOMY IN THE AMAZON REGION

• Published in: Revista Tempo do mundo no. 27; pp. 127 - 164
• Main Authors: Danielle Mendes Thame Denny, Michelle Márcia Viana Martins, Heloisa Lee Burnquist
• Format: Journal Article
• Language: English
• Published: Instituto de Pesquisa Econômica Aplicada 12-08-2022
• Subjects: amazon; circular bioeconomy; deforestation; sustainable development
• ISSN: 2176-7025; 2675-150X
• DOI: 10.38116/rtm27art5

The Amazon is a vast region, but with many shortcomings. It presents one of the worst human development indicators in Brazil. This article shows that while the Amazon does not have an adequate policy to make the region economically viable, conservationist measures will be ineffective to protect the forest. A few responsible investments have not been sufficient to promote the region's economic development and there is an urgent need to preserve nature and increase the Amazon population's quality of life, eliminating deforestation and illegal extractive activities. It has been difficult to identify investments that bring real value in terms of sustainability to other options than extractive products. The analysis results showed how a combined effort between public and private initiatives is essential to increase the environmental social governance of companies that are doing business in global value chains, improve the institutional environment, catalyze sustainable measures to create a thriving sustainable circular bioeconomy in the Amazon region. To this end, this document addresses aspects related to responsible investments, circular bioeconomy, international markets, deforestation reduction, commodity production, land use regularization, and bioinputs extraction and cultivation.