Russia Targets 35% Bioeconomy Output Growth by 2036

Russia's baseline bioeconomy scenario projects production rising from 1.95 trillion rubles in 2026 to 2.63 trillion by 2036, a 35% increase, with fixed capital investment of 1.045 trillion rubles. The plan signals state-backed industrial diversification, but lacks detail on feedstock, technology, and market access. It matters as a long-term signal of Russia's intent to expand non-hydrocarbon energy and materials output, though near-term market impact is minimal.