| Title |
The forest-based bioeconomy in Latvia: economic and environmental importance |
| ID_Doc |
63836 |
| Authors |
Tetere, V; Peerlings, J; Dries, L |
| Title |
The forest-based bioeconomy in Latvia: economic and environmental importance |
| Year |
2023 |
| Published |
Bio-Based And Applied Economics, 12, 4 |
| Abstract |
The bioeconomy is considered a means to achieving a climate-neutral economy as aimed for in the EU Green Deal. For Latvia, the forest- based bioeconomy has the potential to contribute to this aim. An operational definition of the forest-based bioeconomy is needed to calculate its size. This research aims to provide such a definition and to determine the contribution of the forest-based bioeconomy to GDP, employment, and greenhouse gas emissions. The direct and indirect contribution of the forest-based bioeconomy to economic indicators and climate change is identified using an input-output model. The results of the model show that the forest-based bioeconomy contributes 6.4% to GDP and 6.6% to total employment in Latvia. The contribution to greenhouse gas emissions is 4.9%. Furthermore, if CO2 sequestration is included, the forest-based bioeconomy becomes climate neutral. |
| PDF |
https://oaj.fupress.net/index.php/bae/article/download/13868/12486
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