InformBio, funded through the Department of Agriculture, Food and the Marine’s Competitive Research Call, will develop a first Foresight Analysis for Ireland’s bioeconomy, aimed at understanding the available bioresources and value chains which can best contribute to Ireland’s 2050 climate neutrality target. InformBio is one of 24 successful projects from 131 applications funded to a total of €20.1 million under the Dept. of Agriculture, Food, and the Marine’s 2021 research call.
According to Project Coordinator James Gaffey, Co-director of the Circular Bioeconomy Research Group at Shannon ABC in MTU: “Given the enormous potential of Ireland’s land and marine biological resources, the circular bioeconomy has emerged as one of the key opportunity areas to decarbonize primary sectors, and the economy as a whole, in a cost-competitive manner. By integrating bioresource and residue modelling, value-chain analysis, techno-economic assessment, life-cycle assessment, and climate scenario modelling, INFORMBIO, for the first time, attempts to quantify and model the potential of a circular bioeconomy to contribute to Ireland’s climate and sustainability targets”.
Photo: Members of the INFORMBIO project at their meeting in Teagasc Ashtown. (left to right) Carmen Giron Dominguez (MTU), Dr. Jesko Zimmermann (Teagasc), Prof. Maeve Henchion (Teagasc), Dr. David Styles (NUI Galway), Dr. Réamonn Fealy (Teagasc), James Gaffey (MTU). Missing from Photo – Gerry Brady (Central Statistics Office).