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Industrial Biotechnology and Climate Change

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Industrial Biotechnology and Climate Change ( industrial-biotechnology-and-climate-change )

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Industrial biotechnology as part of the solution to climate change Since the industrial revolution, economic growth has been inextricably linked with accelerating negative environmental impact. Industrial biotechnology challenges this pattern and has the potential to break the cycle of resource consumption by allowing for a rethinking of traditional industrial processes. Industrial biotechnology, by providing a range of options for competitive industrial performance in selected sectors, could enhance economic growth, while at the same time save water, energy, raw materials and reduce waste production. Industrial biotechnology, based on renewable resources, can save energy in production processes and significantly reduce CO2 emissions.2 The impacts of biotechnology on industry are confirmed by scientific studies and reports, such as the OECD’s report on the application of biotechnology to industrial sustainability3 and, more recently, by a EuropaBio report (2009) on the potential of industrial biotechnology to help mitigate climate change.4 Even though the industrial biotechnology sector is still embryonic, it globally avoids the creation of 33 million tonnes of CO2 each year through various applications, without taking ethanol use into consideration, whilst globally emitting 2 million tonnes of CO2. It has been claimed that the full climate change mitigation potential of biotechnology processes and biobased products ranges from between 1 billion and 2.5 billion tons CO2 equivalent per year by 2030. To put this in context, it represents more than Germany’s total reported emissions in 1990. INDUSTRIAL BIOTECHNOLOGY AND CLIMATE CHANGE: OPPORTUNITIES AND CHALLENGES – © OECD 2011 7

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