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This final report provides an overview of bioresources in the West Nordic region focusing on Iceland, the Faroe Islands and Greenland, their utilisation and future opportunities based on green growth. The report provides good basis for strategic identification of beneficial projects in the region.

Based on the results, a specific action plan has been formed consisting of four main actions; 1. Create a West Nordic Bioeconomy panel, 2. Establish an interdisciplinary Centre of Excellence (CoE) for the West Nordic region, 3. Arctic bioeconomy II – Project focusing on opportunities in biotechnology and 4. Program focusing on “The Blue Bioeconomy”.