Biobased and Renewable Products News: International

June 21, 2019
EU TEG On Sustainable Finance Publishes Proposal For EU Green Bond Standard
In June 2019, the European Commission (EC) Technical Expert Group (TEG) on Sustainable Finance, published its Report on EU Green Bond Standard. The report proposes the creation of a European Union (EU) Green Bond Standard (EU-GBS) to address barriers to market development of green financial products. Also proposing the establishment of a framework to facilitate sustainable investment -- “Taxonomy Regulation” -- TEG makes ten recommendations in its GBS Report to: Create a voluntary EU-GBS;   EU-GBS should have four core components -- (1) alignment of Green Projects with ... read more >
June 7, 2019
AATF Initiative Makes GM Seeds Available For Seed Companies In Africa
The African Agricultural Technology Foundation (AATF) has negotiated with patent holders to make genetically modified (GM) seeds available at the right time, price, and place to international and African-based technology owners. A business model provided by AATF and its partners, this initiative, called Seeds2B Project (Seeds2B), enables these business owners with the appropriate technologies to license their products to seed companies in Africa. Seeds2B aims to engender agricultural transformation in Sub-Saharan Africa, replacing low quality, costly, and unavailable seeds with GM modern, ... read more >
June 7, 2019
Brazil Holds Auction For Projects In Sustainability
On May 31, 2019, the Brazilian government’s Ministry of Energy’s Empresa de Pesquisa Energética (EPE -- Energy Research Company) held an auction for the supply of sustainable energy and biofuel sources for the State of Roraima’s capital, Boa Vista, and its neighboring areas. A federal energy company, EPE provides the Ministry of Energy with R&D services designed for subsidies of the energy sector, covering electricity, petroleum, natural gas and its derivatives, and biofuels. Out of 156 competitions, the nine auction winners presented projects on natural gas, ... read more >
May 3, 2019
Biofuels In Canada Report Published
In April 2019, Navius Research Inc. (Navius Research) published a report titled “Biofuels in Canada 2019: Tracking biofuel consumption, feedstocks and avoided greenhouse gas emissions.” Using public data, the report analyzes the volume of transportation biofuels consumed in each Canadian province and estimates the impact of this consumption on greenhouse gas (GHG) emissions and transportation energy costs. An increase in both ethanol and renewable fuel consumption is noted in the report, which has led to reduced fuel expenditures in Canada by 0.42 percent from 2010 through 2017. ... read more >
April 26, 2019
European Financial Leaders Publish Open Letter On Climate-Related Financial Risks
On April 17, 2019, Mark Carney, Governor of the Bank of England, Francois Villeroy de Galhau, Governor of the Banque de France, and Frank Edelson, Chair of the Network for Greening the Financial Services (NGFS), published an open letter on the financial implications of global warming.  Co-signed by the NGFS coalition, consisting of 34 central banks, the letter warns of global warming’s potential damage to infrastructure and private property, negative human health effects, decrease in productivity, and wealth destruction.  The letter states that no countries are immune to the ... read more >
March 15, 2019
EC Publishes Fact Sheet On The Sustainability Criteria For Biofuels
On March 13, 2019, the European Commission (EC) published a fact sheet on the sustainability for biofuels specified.  EC adopted a delegated act that sets out the criteria for determining high low indirect land-use change (ILUC) risk feedstock for biofuels and the criteria for certifying ILUC-risk biofuels, bioliquids, and biomass fuels.  ILUC-risk fuels consist of fuels produced from food and feed crops that significantly expand globally into land with high carbon stock (high ILUC-risk fuels).  The consequences of creating high ILUC-risk fuels relate to the release of ... read more >
February 8, 2019
Growth Energy Applauds Made-In-Ontario Environment Plan
On January 28, 2019, Growth Energy, an ethanol supporters group, submitted joint comments with the U.S. Grains Council (USGC) to the Government of Ontario, Canada, in support of the Made-in-Ontario Environment Plan (Plan). The Plan outlines the government’s commitment to addressing climate change through the protection of land, air, water, and reduction of waste and greenhouse gas (GHG) emissions. Posted by the Ontario Ministry of the Environment, Conservation and Parks, the Plan would increase ethanol use in gasoline by 15 percent in 2025, increase the use of renewable gas and fuels, ... read more >
February 1, 2019
Dutch Ministry Of Defense Announces Transition Into 70 Percent Biofuels In Air Force Flying Equipment
On January 16, 2019, the Dutch Department of Defense announced that the Dutch Air Force is taking the next steps in reducing its carbon footprint given better affordability of biobased fuels. Provided with biokerosene, the Air Force intends to increase gradually the mixing percentage of biofuels and eventually have all of its equipment fly on biofuel mixtures. The Dutch goal is to achieve 20 percent less dependency on fossil fuels by 2030, and 70 percent by ... read more >
January 4, 2019
UK Publishes Policy Paper On Resources And Waste Strategy
On December 18, 2018, the Department for Environment, Food & Rural Affairs and the Environment Agency of the United Kingdom (UK) published a policy paper titled “Our Waste, Our Resources:  A Strategy for England.” The paper outlines the strategy to be implemented for the preservation of material resources through minimizing waste, promoting resource efficiency, and moving towards a circular economy. The strategic framework to be put forth is guided by two objectives: (1) to maximize the value of resource use; and (2) to minimize waste and its impact on the environment. It ... read more >
December 14, 2018
UK’s Bioeconomy Policy In Years To Come
On December 5, 2018, the United Kingdom (UK) published a policy paper titled “Growing the Bioeconomy, Improving Lives and Strengthening Our Economy: A National Bioeconomy Strategy to 2030.” As the UK strives to double its bioeconomy value by 2030, four main goals are outlined as part of the strategic plan: Capitalize the research, development, and innovation base; Maximize productivity and potential from existing bioeconomy assets; Deliver real, measurable benefits for the UK economy; and Create the right societal and market conditions to allow innovative biobased products ... read more >
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