According to the Global News on January 6, Brazil actively promotes the development of bioeconomy and expects the bioeconomy market in the Amazon region to reach 8.1 billion U.S. dollars by 2050.20 In June 2024, Brazil formally promulgated the National Bioeconomy Strategy, which encourages innovations and technological advances in related fields, establishes the Brazilian National Bioeconomy Commission, and provides financial support to researchers, community organizations, and others. In addition, Brazil and France will mobilize €1 billion over the next four years to develop bioeconomy projects in the Brazilian Amazon region and the French Guiana Amazon region, jointly creating bioeconomy research, investment and technology-sharing centers.
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