On October 28, 2024, the National Academies of Sciences, Engineering, and Medicine (NASEM) announced that a new NASEM initiative, the International Bioeconomy Forum, will launch in early 2025. According to NASEM, its International Bioeconomy Roundtable and the Association of Biotechnology Led Enterprises (ABLE) met on September 13, 2024, during the Global Bio-India 2024 conference in New Delhi, India, to discuss the scope of the International Bioeconomy Forum. NASEM states that the forum will serve as an ongoing, neutral platform for experts in academia, industry, government, and non-governmental organizations (NGO) to explore opportunities and challenges in the global bioeconomy, “focusing on complex and interconnecting issues in promoting and protecting bioeconomies. The forum will discuss the benefits of emerging biotechnologies, potential security risks, and national policies, international standards, and best practices in the biotechnology and biomanufacturing sectors to support the global bioeconomy.”