New Green Bio industry to fight food shortages caused by social problems

New Green Bio industry to fight food shortages caused by social problems

January 29, 2020 0 By William Morgan


there are concerns that aging
populations and climate change could lead to food shortages around the world
however local researchers say the solution could be green bio an industry
that is underfunded and underdeveloped a Hong Moo takes us to South Korea’s our
biggest green a bio Research Center as the world population continues to rise
the demand for food grows in 2050 the minimum amount of food required by
people around the world will be 50% more than what was needed in 2012 according
to the United Nations currently 25% of farmable land on earth has deteriorated
to the point that it could no longer produce as much food as before not to
mention the natural disasters caused by global warming that are also lowering
food production a potential solution to that is what people call green bio green
bio uses biotechnology to help facilitate farming and create food
resources in this greenhouse scientists are testing chemicals that can prevent
pests specially those that are already immune to existing pesticides Green bio
also includes coming up with new materials they can be used for farming
food produce we have developed a new biomaterial that can kill more barrier
troops which is the pest for most crops this new material is biodegradable and
thus eco-friendly when spread on soil with this there will be a reduced need
for harmful pesticides sprays on farms the global market size of such industry
in 2018 is estimated to be around 100 billion u.s. dollars we’re looking at
its Marcos eyes only within South Korea it is so small that there hasn’t been
much data collected 856 million dollars is the total amount of both private and
public investment dedicated for the green bio industry in Korea in order to
strengthen this industry it is crucial to make a product that can compete in
the global market and for that continuous investment in R&D is
necessary recently the government has announced a
plan to invest and nurture the green bio industry we expect the importance of
green bio to grow bigger as environmental issues such as plastic
waste and energy resource depletion have become a social problem in response we
are coming up with customized measures and investment for this industry with
different sectors of the bio industry strengthened the government believes bio
could become a strategic industry to succeed the semiconductor industry in
the years to come who knew Arirang news