WORKSTREAMS | CEM & G20 EVENTS

IMPLEMENTATION LEADS: Core Group Countries, IEA & Biofuture Campaign

OBJECTIVE

1. Raise awareness of bioenergy and the wider bioeconomy with policy makers, especially through CEM, G20 and other international events.

2023 ACTIONS

Develop and implement Biofuture Events for CEM and G20 meetings India (2023) and Brazil (2024)

Engage and align with interests of India and Brazil

Mediate input from Industry

Enable high-level dialog with stakeholders and critics

Showcase progress and outputs of Biofuture Initiative workstreams 

WORKSTREAMS |BIOMASS QUANTIFICATION & SUSTAINABILITY

IMPLEMENTATION LEADS: U.S. DOE & IEA Biofuture Team

OBJECTIVES

• Improve understanding of sustainable biomass supplies
• Document areas of consensus, concern, and disagreement relating to sustainability of biomass
• Develop collaborations to build mutual understanding & de-risk use of sustainable biomass

2023 ACTIONS

Finalize “Review of issues impacting sustainable biomass supplies” (aka Background paper).

• Implement multi-pronged stakeholder outreach and analysis to understand concerns and areas of agreement and develop collaborative partnership(s) to advance good practice 
• Design and implement strategies to share tools that promote positive outcomes and reduce risks and concerns related to specific feedstocks and issues:
  – Tools to de-risk investments
  – Best practices to address concerns over competition for land and inputs (LUC/ILUC, agricultural)
  – Forestry-specific bioenergy issues 
• Support improved communications and evidence-based messaging (e.g., inputs for workshops and materials for CEM and other outreach efforts)

WORKSTREAMS | POLICY & BEST PRACTICES

IMPLEMENTATION LEADS: IEA Biofuture Team

OBJECTIVE

• Identify and promote policy best practices for the bioeconomy

2023 ACTIONS

• Update the Biofuture Policy Blueprint and increase coverage of “good” policies
  – Complete profiles for transport biofuels for Argentina and Hungary
  – Extend the policy blueprint to heat and power (based on policy examples rather than profiles)

• Comparative analysis of policies supporting transport biofuels policies across
  – Showcase technology-neutral policies that reduce GHG emissions
  – Increase mutual understanding of carbon accounting and its application in low carbon fuel standards

WORKSTREAMS | ADVANCING BIOCHEMICALS & BIOMATERIALS

IMPLEMENTATION LEADS: CEM Biofuture Campaign

OBJECTIVE

• Identify barriers slowing the uptake of bio-based chemicals and materials and propose solutions, including better data on production and use, carbon accounting, and lack of supportive policies

2023 ACTIONS

• Convene workshop(s) with OECD, other organisations and industry partners to identify key issues and propose joint solutions

• Develop analytical workstreams on
  – Bio-based chemicals
  – Bio-based materials

WORKSTREAMS | DE-RISKING PROJECT FINANCE

IMPLEMENTATION LEADS: CEM Biofuture Campaign

OBJECTIVE

• Facilitate dialogue between Governments, Industry and various types of Investors to enable a flow of finance to biomass-based projects

2023 ACTIONS

• Convene investor workshops to enable dialog between project developers and financiers

• Identify barriers to scaling investment in biomass-based projects

• Identify specific role in finance where the Biofuture Initiative can make a material difference and develop appropriate analytical workstreams

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