Bioeconomy leaders met in São Paolo for the Biofuture Summit

São Paolo, Brazil

“We simply have no choice. We have to massively scale up bioenergy, and do it fast”, said Paolo Frankl, Head of the Renewable Energy Division at the International Energy Agency (IEA). “Sustainable bioenergy is an indispensable component of the necessary portfolio of low-carbon technologies in ALL climate-change mitigation scenarios”, said Frankl, based on the findings of a key upcoming report on the matter. “And there is a major, major gap between what we need and what is happening today in terms of the speed of deployment and the scale of investments in bioenergy”.

 The declarations were made as part of the Biofuture Summit, the first major conference of the Biofuture Platform, a coalition of twenty country governments, industry and the research community launched in November 2016 during UNFCCC COP23 in Marrakesh, aimed at the development of a modern, sustainable, low-carbon bioeconomy.

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