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Biofuture Campaign

Biofuture Campaign

Goals

The mission of the Biofuture Campaign is to enable the reduction of GHG emissions and foster a circular economy by showcasing pathways by which countries, companies, and consumers can substitute sustainable bio- and waste-based Fuels, Chemicals, and Materials for their fossil equivalents. Efforts in hard-to-abate sectors of the economy, such as aviation, construction, maritime, mining, and road transport, will be strongly promoted in close cooperation and partnership with the private sector. 

To foster ambition and catalyze action, the Biofuture Campaign will develop and implement the Bio-based Substitution Challenge, whose signatories aspire to substitute bio- and waste-based Fuels, Chemicals, and Materials for 10% of their fossil carbon equivalent in relevant sectors and products by 2030, relative to a 2019 baseline.

Overview

Biofuture Campaign

The Biofuture Campaign falls under the Biofuture Platform Initiative (BfPI). The BfPI was launched at the 11th Clean Energy Ministerial in Riyadh, Saudi Arabia with the aim to raise international ambition and advance sustainable commercial scale bioenergy production, trade and use globally, thus making bioenergy a key enabler in the global clean energy transition. The BFPI builds upon four years of collaborative effort among the 20 founding countries of the Biofuture Platform.
The Biofuture Campaign will play a key role in mobilizing the necessary private sector engagement under the BfPI.


The opportunity

A concerted effort is required to accelerate the development and deployment of bio- and waste-based FCMs globally. Investments in this area are not growing quickly enough, and deployment suffers from a number of barriers, including early-stage scale challenges, financial risks, oil and feedstock price volatility and policy uncertainty. International and regional partnerships are needed to assist decision-makers identify policy mechanisms, de-risking tools, and modes of investment that are tailored to local resources.

The Biofuture Campaign will leverage its connections to the broader CEM community to highlight and illustrate the contributions that bio- and waste-based FCMs can make to the growing number of Net Zero (Carbon Emissions) campaigns, commitments, and pledges.


Why it’s needed

The Biofuture Campaign will seek to strengthen Biofuture Platform Initiative (BFPI) workstreams by providing a mechanism to create vibrant, engaged communities with Industry and NGO partners to work jointly on increasing and/or improving:

  1. Bioeconomy policy ambition
  2. Feedstock availability & sustainability governance, and 
  3. Sustainable & Climate Finance participation in the bioeconomy.



Social media

At @GCEAF_USA @SecGranholm announced the Roadmap to turn the Challenge into action. Every part of the aviation value chain has an important role to play in helping the market for sustainable aviation fuel thrive. @Biofuture_ #SustainableAviationFuel #SAF

Did you miss our SAF event at #GCEAF on #decarbonization of the #aviation sector? No problem, you can find the recording on our website
https://biofutureplatform.org/news/sustainable-aviation-fuel-taking-off-across-the-globe%ef%bf%bc/?preview_id=846&preview_nonce=b94ec6137f&preview=true&_thumbnail_id=847

Global Clean Energy Action Forum, the Clean Energy Ministerial (CEM) Biofuture Statement – Governments and Industry Affirm the Future of Bio-Based Fuels, Chemical, and Materials https://advancedbiofuelsusa.info/global-clean-energy-action-forum-the-clean-energy-ministerial-cem-biofuture-statement-governments-and-industry-affirm-the-future-of-bio-based-fuels-chemical-and-materials/ via @advancedbiofuel

Our event "Biofuture Business Forum" is starting at 9:30 in Room 318.
Together with the U.S. Loan Program Office.
See the full agenda: https://biofutureplatform.org/news/biofuture-business-forum%ef%bf%bc/
#GCEAF

The @GCEAF_USA has brought hundreds of clean energy movers and shakers to #Pittsburgh to work on creating a prosperous, secure green future for citizens across the globe.

Are you in? https://gceaf.org/registration #GCEAF #CEM13MI7

Wonderful day at @GCEAF_USA Clean Energy Ministerial! Proud to share @eni’s contribution to a just energy transition in buofuels with @Biofuture_ , and in fusion energy with @Fusion_Industry, Sally Benson White House 46 OSTP, DoE @turkdm and SPEC @DLinDC ! Grazie #Pittsburgh!

Andrew Chen @RockyMtnInst talks about how certificates for sustainable aviation fuel give corporations a chance to influence the market for this crucial solution to decarbonizing flight #GCEAF #Pittsburgh @Biofuture_

"Counting Carbon Side Event" is about to start! “If you can’t measure it, then you can’t improve it.” A series of rapid “TED-style” talks among leaders, Companies, Industry Associations, a National Lab, and NGOs. #GCEAF #decarbonization See the full agenda https://biofutureplatform.org/news/counting-carbon-side-event-22-sept/

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