Enabling a rapid transition to a global bioeconomy with synthetic biology – opportunities and challenges
Petroleum has played an important role in the social, economic and political history of the world particularly in Singapore. The start of the 20th century, led to an industrial revolution in petrochemicals now accounting for about 40% of the global chemicals market worth around $3 trillion. Given the growing global population, the widespread effects of climate change and the growing environmental pollution problem, there is an urgent need to re-think how human activities can be sustained. One growing area which aims to address these challenges is the concept of the Bioeconomy and in this talk, I will describe how new bioeconomies will be enabled by synthetic biology technology developments to accelerate the transition to global bio-based processes and products.