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Russia Approves Bioeconomy National Project, Launches Implementation

The plan sets targets for greater self-reliance in bioproducts by 2030 with defined funding through 2028.

Overview

  • The presidium of the Presidential Council on Strategic Development approved the project passport, enabling the Cabinet to begin execution.
  • The framework consists of three federal projects: Organization of production and sales of bioeconomy products; Scientific and technological support for bioeconomy development; Analytical, methodological and workforce support for the bioeconomy.
  • Targets for 2030 include lifting technological independence in bio-based products to 40%, increasing output by 96%, and raising the domestic share of biotechnological products to 55%.
  • Budget documents specify allocations of 754 million rubles in 2026, 2.1 billion in 2027, and 2.2 billion in 2028.
  • Officials aim for 100% of sector companies to take part in training and upskilling programs, with an emphasis on consolidating resources and modernizing facilities; forecasts put bioeconomy consumption above 1 trillion rubles by 2036.