Enhancing financiers’ accountability for the social and environmental impacts of biofuels

Enhancing financiers’ accountability for the social and environmental impacts of biofuels

Author: Jan Willem van Gelder

Publisher: CIFOR



Page: 60

View: 367

This report summarises 20 case studies on investments in the production of biofuel and the feedstocks used for biofuel (palm oil, soybeans, sugarcane and jatropha) in forest-rich countries in Africa, Asia and Latin America. The investments were financed by private entrepreneurs, public financing and private financial institutions. A large number of private financial institutions such as banks, asset managers and pension funds were investing, most of which are located outside the country where the investment took place. Dozens of public financial institutions—many of which are foreign—play a significant role. Since the availability of finance is a crucial precondition for the further growth of the biofuel sector, these actors could play an important role in leveraging more sustainability in the sector. However, our findings suggest that most investors are not yet effectively addressing key environmental and social sustainability challenges, either because they lack sustainability policies or because their policies are of insufficient quality. Realising the potential influence of investors on minimising the negative social and environmental costs associated with feedstock expansion and biofuel production requires improved dissemination of high-quality governance instruments. Whilst private and public investors could develop and adopt better policies voluntarily, we also discuss regulatory options available to governments in production and consumption countries. These options could motivate or assist private financial institutions in developing and applying sound, responsible financing policies.

The Economics of Biofuels

The Economics of Biofuels

Author: Stefania Bracco

Publisher: Routledge

ISBN: 9781317218975

Category: Business & Economics

Page: 166

View: 489

Biofuels are a renewable source of energy used mainly for transportation. They link together food, energy and natural resources sectors, and involve ecological, social and inequality issues. They are an emblematic example of the interactions between economic, environmental, social and political decisions and, as a recent and complex issue, require updated and detailed information to be understood. This book aims to shed light on several economic, social and environmental issues connected to biofuel production and policies. The Economics of Biofuels adopts detailed descriptions, rigorous data analysis and precise econometric methods to estimate the effects of biofuel on different socio-economic factors, avoiding complicated and sometimes ineffective models based on context-specific parameters. In particular, the book focuses on the impact of bioenergy policy on biocommodity production and trade, and on the related phenomenon of land acquisitions to grow biofuel commodities. The book’s main findings are derived by an original and unique dataset collecting information on the investors acquiring land in Africa and on the voluntary standard, certification and labelling schemes adopted by them as Corporate Social Responsibility (CSR) strategy. The analysis links together in an original way public and private initiatives to make biofuel sustainable. Therefore, this book represents an improvement in the understanding of biofuel production and policy’s sustainability. This book is of interest to those who study environmental economics, agricultural economics and sustainable development. It is also suitable for those in the renewable energy sector, with a particular focus on biofuel sustainability.

Sustainability Challenges in Sub-Saharan Africa I

Sustainability Challenges in Sub-Saharan Africa I

Author: Alexandros Gasparatos

Publisher: Springer Nature

ISBN: 9789811544583

Category: Science

Page: 360

View: 413

The aim of this 2-volume book is to highlight how Sustainability Science approaches can help solve some of the pervasive challenges that Africa faces. The volumes collect a number of local case studies throughout Africa that adopt transdisciplinary and problem-oriented research approaches using methodologies from the natural and the social sciences. These are put into perspective with chapters that introduce key sustainability challenges such using a regional focus. Through this multi-scale and inter/transdisciplinary approach the proposed volume will provide an authoritative source that will pack in a single volume a large amount of information on how Sustainability Science approaches sustainability challenges in African contexts. While there have been general books about sustainability science, none has had a strong African focus. As a result the 2-volume set fills a major gap in the Sustainability Science scholarship. This volume sets the stage for the series. Part I introduces key sustainability challenges in Africa. Parts II‐III highlights specific case studies related to these challenges from West and Central Africa.

Challenges and Opportunities for the World's Forests in the 21st Century

Challenges and Opportunities for the World's Forests in the 21st Century

Author: Trevor Fenning

Publisher: Springer Science & Business Media

ISBN: 9789400770768

Category: Technology & Engineering

Page: 838

View: 827

This book addresses the challenges and opportunities faced by the world’s forests posed by climate change, conservation objectives, and sustainable development needs including bioenergy, outlining the research and other efforts that are needed to understand these issues, along with the options and difficulties for dealing with them. It contains sections on sustainable forestry & conservation; forest resources worldwide; forests, forestry and climate change; the economics of forestry; tree breeding & commercial forestry; biotechnological approaches; genomic studies with forest trees; bio-energy, lignin & wood; and forest science, including ecological studies. The chapters are contributed by prominent organisations or individuals with an established record of achievement in these areas, and present their ideas on these topics with the aim of providing a ready source of information and guidance on these topics for politicians, policy makers and scientists for many years to come.