Waste derived bioeconomy in India: A perspective

•Transition of fossil-based economy to a sustainable bio-based economy.•Present bioeconomy provides food, energy, resource recovery, diagnostics and healthcare.•Waste derived Economy is a new dimension in Indian bioeconomy perspective.•Waste can be considered as potential renewable feedstock for bio...

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Published in	New biotechnology Vol. 40; no. Pt A; pp. 60 - 69
Main Authors	S., Venkata Mohan, P., Chiranjeevi, Dahiya, Shikha, A., Naresh Kumar
Format	Journal Article
Language	English
Published	Netherlands Elsevier B.V 25.01.2018 Elsevier Science Ltd
Subjects	biobased products Biodegradation bioeconomics bioenergy Biofuels - economics Biogenic waste Biohydrogen Biorefineries biorefining business enterprises Business model Carbon sequestration Circular economy Climate Change CO2 Sequestration Conservation of Energy Resources - economics econometric models Economic analysis Economic Development Economic models Economics energy Energy security feedstocks Fossils India petroleum population growth Raw materials Renewable energy Sustainability Sustainable development Urbanization Waste biorefinery Waste Management Waste management industry Waste Products wastes India Waste Management Business model Circular economy Waste biorefinery Biohydrogen CO2 Sequestration Biogenic waste CO Sequestration
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Abstract	•Transition of fossil-based economy to a sustainable bio-based economy.•Present bioeconomy provides food, energy, resource recovery, diagnostics and healthcare.•Waste derived Economy is a new dimension in Indian bioeconomy perspective.•Waste can be considered as potential renewable feedstock for biobased products. Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need greater attention. In this context, the world is gradually transforming from fossil-based economy to a sustainable circular bio-economy. The biogenic waste which is generated in enormous quanties in India can be considered as potential feedstock for structuring the bio-based economy. This communication depicts the need for developing waste derived bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to introduce waste as the core element for the future economic models which also allows sustainable development is discussed. The review also establishes drivers for the bioeconomy and structures the waste derived bioeconomy in a sustainable format to address the futuristic needs, scope and opportunities envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation are elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is discussed.
AbstractList	•Transition of fossil-based economy to a sustainable bio-based economy.•Present bioeconomy provides food, energy, resource recovery, diagnostics and healthcare.•Waste derived Economy is a new dimension in Indian bioeconomy perspective.•Waste can be considered as potential renewable feedstock for biobased products. Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need greater attention. In this context, the world is gradually transforming from fossil-based economy to a sustainable circular bio-economy. The biogenic waste which is generated in enormous quanties in India can be considered as potential feedstock for structuring the bio-based economy. This communication depicts the need for developing waste derived bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to introduce waste as the core element for the future economic models which also allows sustainable development is discussed. The review also establishes drivers for the bioeconomy and structures the waste derived bioeconomy in a sustainable format to address the futuristic needs, scope and opportunities envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation are elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is discussed. Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need greater attention. In this context, the world is gradually transforming from fossil-based economy to a sustainable circular bio-economy. The biogenic waste which is generated in enormous quanties in India can be considered as potential feedstock for structuring the bio-based economy. This communication depicts the need for developing waste derived bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to introduce waste as the core element for the future economic models which also allows sustainable development is discussed. The review also establishes drivers for the bioeconomy and structures the waste derived bioeconomy in a sustainable format to address the futuristic needs, scope and opportunities envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation are elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is discussed. Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need greater attention. In this context, the world is gradually transforming from fossil-based economy to a sustainable circular bio-economy. The biogenic waste which is generated in enormous quanties in India can be considered as potential feedstock for structuring the bio-based economy. This communication depicts the need for developing waste derived bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to introduce waste as the core element for the future economic models which also allows sustainable development is discussed. The review also establishes drivers for the bioeconomy and structures the waste derived bioeconomy in a sustainable format to address the futuristic needs, scope and opportunities envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation are elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is discussed.Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need greater attention. In this context, the world is gradually transforming from fossil-based economy to a sustainable circular bio-economy. The biogenic waste which is generated in enormous quanties in India can be considered as potential feedstock for structuring the bio-based economy. This communication depicts the need for developing waste derived bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to introduce waste as the core element for the future economic models which also allows sustainable development is discussed. The review also establishes drivers for the bioeconomy and structures the waste derived bioeconomy in a sustainable format to address the futuristic needs, scope and opportunities envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation are elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is discussed. Environmental and climatic change issues, population explosion, rapid urbanization, depletion of fossil reserves, need for energy security, huge waste generation, etc. are some of the inherent issues associated with the fossil based linear economy which need sustainable attention. In this realm, the world is gradually transforming from fossil-based economy to a sustainable circular economy. The biogenic waste which is generated in enormous quantity in India can be considered as potential feedstock for structuring the bio-based economy. This communication makes a comprehensive attempt to depict the need for waste based bioeconomy in the Indian perspective. Waste is now being perceived as a resource with value and believed to supplement petroleum feedstock to a great extent if properly utilized. The necessity to induce waste as the core element for the future economic model which allows sustainable development was discussed. The review establishes drivers for the bioeconomy and structures the waste based bioeconomy in a sustainable format to address the futuristic need, scope and opportunity envisaged in the business and economic realm. The enabling technologies/processes that can be applied for biogenic wastes valorisation were elaborated. Circularizing the economy in a waste biorefinery model for the production of biobased products including bioenergy is illustrated.
Author	P., Chiranjeevi A., Naresh Kumar S., Venkata Mohan Dahiya, Shikha
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Keywords	Waste Management Business model Circular economy Waste biorefinery Biohydrogen CO2 Sequestration Biogenic waste CO Sequestration
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Snippet	•Transition of fossil-based economy to a sustainable bio-based economy.•Present bioeconomy provides food, energy, resource recovery, diagnostics and... Environmental and climatic change issues, population explosion, rapid urbanisation, depletion of fossil reserves, need for energy security, huge waste... Environmental and climatic change issues, population explosion, rapid urbanization, depletion of fossil reserves, need for energy security, huge waste...
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SubjectTerms	biobased products Biodegradation bioeconomics bioenergy Biofuels - economics Biogenic waste Biohydrogen Biorefineries biorefining business enterprises Business model Carbon sequestration Circular economy Climate Change CO2 Sequestration Conservation of Energy Resources - economics econometric models Economic analysis Economic Development Economic models Economics energy Energy security feedstocks Fossils India petroleum population growth Raw materials Renewable energy Sustainability Sustainable development Urbanization Waste biorefinery Waste Management Waste management industry Waste Products wastes
Title	Waste derived bioeconomy in India: A perspective
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