It believes that the BCG model will help Thailand's move towards achieving the Sustainable Development Goals (SCGs) through promotion of a wide variety of sectors such as sustainable agriculture, clean energy and responsible consumption and production, ensuring the conservation and sustainable utilization of biodiversity, and protecting environment and ecosystems.

Thai policies on science, innovation and technology have been oriented to promote the efficient use of resources, maintain and restore our ecosystems, and reduce waste.

Bio Economy	Circular Economy	Green Economy
A bioeconomy involves the production of renewable biological resources and the conversion of these resources into value added products. It refers to a broad range of economic activities, including the production and trade of goods that utilize biomass and biotechnology.	A circular economy aims at reusing and recycling resources. Activities in a circular economy eliminate waste and pollution, recirculate products and materials, and aim towards regenerating nature. It is a model of production and consumption, which involves reusing, repairing, refurbishing and recycling existing materials and products as long as possible, extending its life cycle.	A green economy determines to keep economy, society and the environment in balance, leading to sustainable development. It focuses on low carbon, resource efficient and socially inclusive economic activities - allowing reduced carbon emissions and pollution, enhancing energy and resource efficiency, and preventing loss of biodiversity and ecosystem services.

More information: National Science and Technology Development Agency

Return to previous page Sustainable Business Programme Contact: