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This policy brief focuses on smaller-scale and more diversified bioeconomy pathways grounded in local community development and sustainable use of biodiversity for bio- based goods and services. Such pathways are compatible with the notion of the sociobioeconomy and can be contrasted with bioeconomy pathways that rely on large- scale production of low value-added agricultural or forestry products. Using the examples of the heterogeneous experiences of Thailand and Brazil, we develop principles and recommendations to support the development of the sociobioeconomy worldwide. The outcomes of applying the principles and implementing the recommendations are correlated with some key aims within the three Rio Conventions, thereby illustrating how the sociobioeconomy approach can help address the polycrisis of biodiversity loss, land Degradation, And Climate Change.