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Tackling Uncertainty in the Bio-Based Economy
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Author(s): Pasquale Marcello Falcone (Unitelma Sapienza - University of Rome, Rome, Italy & Department of Business and Economics, Parthenope University of Naples, Naples, Italy)and Enrica Imbert (Unitelma Sapienza - University of Rome, Rome, Italy)
Copyright: 2019
Volume: 17
Issue: 1
Pages: 11
Source title:
International Journal of Standardization Research (IJSR)
Editor(s)-in-Chief: Mazyar Zand (Ministry of Petroleum & Islamic Azad University, Tehran, Iran)
DOI: 10.4018/IJSR.2019010105
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Abstract
There is a clear overall consensus among international institutions and governments on the need to scale down the reliance of the global economy on fossil fuels. Yet, a sustainable transition from a long-established regime based on rooted production and consumption models, requires tackling a wide array of challenges. Indeed, the transition towards a bio-based economy is still characterized by a high degree of complexity and uncertainty. Managing complexity and accounting for uncertainty entails appropriate and multidisciplinary tools. In this regard, sustainability certifications, standards and labels can play a pivotal role in navigating this transition, creating the conditions to ensure a level playing field between bio-based and conventional products.
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