Zero Hunger

2020 Edition
| Editors: Walter Leal Filho, Anabela Marisa Azul, Luciana Brandli, Pinar Gökçin Özuyar, Tony Wall

Links Among Bioeconomy, Food Security, and Sustainable Development Goals in Nigeria

  • O. F. AjayiEmail author
  • T. O. Akinbobola
Reference work entry
DOI: https://doi.org/10.1007/978-3-319-95675-6_106
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Definition

According to OECD (2009), bioeconomy can be defined as a situation in which biotechnology promotes to a large extent the economic output. Bioeconomy has been identified to play a crucial role in formulating relevant answers to the persistent global challenges (Morris 2014). Bioeconomy focuses on the use of bio-based products, instead of fossil-based ones, and could address some of the important challenges faced by society. Fossil resources comprise of coal, petroleum, natural gas, oil shales, bitumens, tar sands, and heavy oils, which contains inorganic carbon and are formed as a result of geographical processes. Bio-based resources can be defined as natural resources that contain non-fossil, organic, or hydrocarbon which is obtained from living plants and animals among others. Understanding the concept of food security is of importance to individuals or countries. Food security refers to people having, at all times, physical, social, and economic access to sufficient,...

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Department of Economics, Faculty of Social SciencesObafemi Awolowo UniversityIle-IfeNigeria
  2. 2.Obafemi Awolowo UniversityIle-IfeNigeria

Section editors and affiliations

  • Usama Awan
    • 1
  1. 1.Industrial Engineering and ManagementLappeenranta-Lahti University of TechnologyLappeenrantaFinland