Finland is a pioneer in bioeconomy which uses renewable natural resources like forests in a sustainable way to produce goods, energy, and services. Bioeconomy reduces dependence on fossil fuels, promotes economic growth and new jobs, and combats ecosystem degradation. As the next wave of the global economy, bioeconomy is estimated to nearly double the value of Finland's economy by 2030. Finland offers the world expertise in bioeconomy through sustainable forest management and products made from wood, fibers, food, chemicals and more.