IntroductionTransformative action points to move towards a Circular Bioeconomy of Wellbeing Focus on sustainable wellbeing Box I Gross Domestic Product versus Genuine Progress Indicator Invest in nature and biodiversityBox II Renewable natural capital and nature-based solutions are key for a circular bioeconomy Box III Connecting private forest owners for collective biodiversity protection in Denmark Generate an equitable distribution of prosperity Box IV Payments for watershed protection in Ecuador Box V Bioplastics as a means for territorial regeneration in Italy Rethink land, food and health systems holistically Box VI Regenerative agriculture Box VII Forests for water-from global to localBox VIII Agroforestry to support deforestation-free cocoa production Transform industrial sectors Box IX ReSOLVE Framework for circularity Box X Wood-based textiles Box XI Sustainable biofuel for diesel and jet enginesBox XII A nanocellulose vehicle Reimagine cities through ecological lenses Box XIII Engineered wood products for reimagining building construction Box XIV The association between urban green spaces and human health Enabling action points to move towards a Circular Bioeconomy of Wellbeing Create an enabling regulatory framework Box XV The US BioPreferred public procurement Programme Deliver mission-oriented innovation to the investment and political agendasBox XVI The Bio-based Industries Joint Undertaking (BBI JU) Enable access to finance and enhance risk-taking capacity Box XVII The European Circular Bioeconomy Fund (ECBF) Intensify and broaden research and educationBox XVIII Amazonia 4.0 A Call to Action References ContentK2A Knowledge to Action 9• Economic and industrial sectors relying on biological resources and nature-based solutions (food, wood industry, bulk and speciality chemicals, construction, packaging, textiles, pharmaceuticals, bioenergy and all sectors benefiting from biobased solutions or ecosystem services such as nature tourism or water supply).

Sustainability transitions require new policy pathways that significantly reduce the environmental impacts caused by, for example, energy production, mobility and food production. Transition management (TM) is one of the approaches aiming at the creation of new ways to govern transitions. It uses transitions arenas (TA) as a key process and platform where new policy pathways are created in collaboration with multiple (frontrunner) stakeholders. TM’s ambitious and demanding agenda is not easy to implement. There is a continued need for testing and developing new ways of carrying out its key processes. We redesigned the TA process in the context of energy system change in Finland by 2030, focusing on interim goals, mid-range change pathways and developing a new notation system that allows participants to directly create the pathways. The resulting renewed TA process results in more specific and detailed mid-range pathways that provide more concreteness to how to implement long-term transition goals. It helps to bridge long-term national visions/strategies and low carbon experiments that are already running. The Finnish TA work created eight ambitious change pathways, pointing towards new and revised policy goals for Finland and identifying specific policy actions. Evaluation of the TA, 6–9 months after its completion underscores that an effective TA needs to be embedded by design in the particular political context that it seeks to influence. It is too early to say to what degree the pathways will be followed in practice but there are positive signs already.