Biofuture Platform to Launch November 16
(UNCTAD) During the second week of COP22 in Morocco, a number of countries will launch a multi-stakeholder mechanism to facilitate collaboration and policy dialogue in the areas of advanced bioenergy and biomaterials. The platform – named Biofuture – follows the commitments from Rio+20, the SDGs and the Paris Agreement and will serve to promote economic diversification and market expansion in areas that carry positive environmental impact.
The platform includes key countries driving markets and innovation in advanced biofuels and biomaterials, namely Brazil, the United States of America, China, India, Denmark, Italy, Finland and Sweden, among others. A number of international organizations, such as IRENA, SE4ALL, IEA, FAO/GBEP, UNIDO and UNCTAD are supporting this initiative.
The Biofuture Platform aims to be an action-oriented, country-led, multistakeholder mechanism for policy dialogue and collaboration among leading countries, organizations, academia and the private sector conscious of the need to accelerate development and scale up deployment of modern sustainable low carbon alternatives to fossil based solutions in transport, chemicals, plastics and other sectors.
Since the Biofuture Platform is to be a mechanism for international collaboration, and not a new organization, no binding commitments, financial or otherwise, are required from member countries and partners, and no signing of any instruments. Requirements are just the will to participate and engage, according to the broad vision outline in the Biofuture launch statement.
While lots of international attention, investment and collaboration have been taking place in the renewable energy field, most of that recent action has been directed to the power sector. While that is welcome and critical, the world needs also to do more for scaling up alternatives to fossil fuels in the transport sector and industry, taking advantage of new, sustainable technologies already in place.
In light of the fact that low carbon transport fuels are the fastest alternative to reduce the carbon intensity of the transport sector without waiting for fleet and infrastructure changes, the Biofuture Platform aims to help filling that attention gap, promoting policy coordination and raising the issue in the global agenda. READ MORE and MORE and MORE (Biofuels Digest)