There is no specific bioeconomy strategy. But the government has recognised the potential of the bioeconomy and launched several relevant strategy papers. In 2008, the national agricultural authority ‘Teagasc’ initiated a bioeconomy research project entitled "Towards 2030". Other papers focused on Green Economy and Blue Economy.
There is a strong tradition of agriculture on the Emerald Isle, and of course, marine resources and fisheries also play an important role there. Industrial pharmaceutical production has also secured its place in Ireland.