“Climate change is multiplying risks for investors in Asia, and unless unprecedented actions are taken we are on track to a 3°C world, with serious, severe impacts on water resources. Investment portfolios of Asian asset owners are uniquely exposed, putting the continent’s savings at risk”, says the new report presented by the Asian Investor Group on Climate Change, an initiative to create awareness among Asia’s asset owners and financial institutions about the risks and opportunities associated with climate change and low carbon investing
Climate change, population growth, soil degradation, biodiversity loss. These are the main challenges that humanity is called to face at the beginning of the millennium. The bioeconomy is one of the keys to tackling them and overcoming them, reconciling the economy, the environment and society. Based on the use of renewable biological resources as raw materials for industrial, energy, food and feed production, according to the European Union it has the potential to create at least one million jobs by 2030. The book that I wrote together with Irene Baños Ruiz aims at drawing a precise and up-to-date picture of the concept of bioeconomy, its origins, connections with sustainability and the circular economy and the multiple applications that we find in different products of our daily life.
I would like to thank particularly Philippe Mengal, executive director at BBI JU, and Marc Palahì, director at the European Forest Institute, who have written in a truly passionate way the foreword and the introduction of the book. Now “Che cosa è la bioeconomia” (What is the bioeconomy) is available only in Italian, soon also in English.
I would also like to thank all those who have accepted to be interviewed (Fabio Fava, Chris Patermann, Catia Bastioli, Massimo Centemero, Sandy Marshall, Mathieu Flamini, Jennifer Holmgren, Michael Carus and Frank Rijsberman) and in general all those who are making the sustainable and circular bioeconomy possible worldwide.
World’s largest pension fund GPIF (Government Pension Investment Fund) of Japan is now supporting the Climate Action 100+ Initiative, adding further significant momentum in global growth of the investor-led corporate engagement initiative.
Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer headquartered in Canada, has successfully produced a clean, renewable bio-dimethyl ether (Bio-DME), a by-product of biomethanol, that could help address global climate change efficiently by replacing the use of diesel fuel in the transportation sector.
Last Thursday’s decision to pull out of the Paris Climate Agreement was short-sighted and contrary to the best interests of this country, not to mention disappointing and embarrassing.
It fails to respect the science on climate change. It abandons the best opportunity we have to protect the health and well-being of American families and our children’s future. It runs contrary to the advice of hundreds of business leaders and investors who want the U.S. to lean into climate action — not run away and bury our heads in the sand. And it neglects the wishes of nearly 70 percent of the American public who want strong actions to curb climate change.
There is a new Finnish initiative to educate children in bioeconomy and climate change. Neste Corporation has launched an international environmental exchange that is open to schools throughout Finland. Pupils in schools can exchange experiences of climate change with their counterparts in schools abroad. The schools selected for the exchange will be given an EduCycle game. It is an augmented reality game created by Neste that makes it clear what climate change means in practice.
The South African Department of Agriculture, Forestry and Fisheries has approved four NexSteppe sorghum hybrids for commercial sale in country. Approved hybrids include both Malibu sweet sorghum and Palo Alto biomass sorghum hybrids. NexSteppe is a US company dedicated to pioneering the next generation of scalable, reliable, cost-effective and sustainable feedstock solutions for the biofuels, biopower, biogas and biobased products industries.
Yesterday, at COP22, in Marrakech (Morocco), a coalition of leading countries in the clean energy and the bioeconomy fields announced the launching of the Biofuture Platform, a new collective effort to accelerate development and scale up deployment of modern sustainable low-carbon alternatives to fossil based solutions in transport fuels, industrial processes, chemicals, plastics and other sectors.
Published “to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.”
We can borrow this mission statement written on the contents page of the first issue of The Economist, published by James Wilson in September 1843, to define exactly the reason that today, 173 years later, leads to the launch of The BioJournal.
The bioeconomy is alive and is set to grow. This is the strong message coming from Vicenza, Italy, where last Thursday and Friday was held the sixth edition of IFIB, the Italian Forum on Industrial Biotechnology and Bioeconomy.
About 300 participants. Among them some of the big global companies active in the bioeconomy: Braskem, Dow, Novamont, NatureWorks, Mossi Ghisolfi, Clariant, GFBiochemicals and Carlsberg. Innovative start-ups, universities and research centers, as well as clusters such as Clib2021 (Germany), IAR Pole (France) and Bio-based Delta (Netherlands). And again: OECD, European Investment Bank, German Bioeconomy Council.
“Sustainability – Rafael Cayuela, Chief Economist at Dow Chemical, stated – is a huge technological challenge but also the single largest business opportunity of this generation”.