Industrial Biotechnology and Climate Change

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

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Objectives • A framework of incentive – based and demand – stimulating policies, such as mandates, public procurement, subsidies and other incentives to stimulate the demand for sustainable biobased products, should be implemented. • The implementation of a source-separated, high quality composting system for organic waste treatment could also help boost the market development of biodegradable and compostable plastics. The organic recycling of biodegradable and compostable plastics would offer many benefits to boost the market as composting is cost-efficient and is a concept that consumers can easily engage with and participate in. For short life products such as fresh food packaging, biowaste, shopping bags or disposables such as compostable packaging for catering, composting is the best method to recover and recycle biodegradable and compostable plastics. Standards for measuring sustainability and GHG savings Addressing sustainability issues through all segments of the value chain of biobased products (from biomass production to end-use) in a fair, evidence- based regulatory framework, represents an enormous policy challenge. Addressing these sustainability concerns is a major challenge for biofuels and other biobased products, and the sector must demonstrate that it possesses sustainability credentials in order to gain a strong “license to operate” from governments and consumers, especially if supporting policies are to be developed. Unfortunately the lack of a widely-accepted mechanism to assess and confirm sustainability is an important barrier to consumer and government confidence. The OECD is currently developing best guidance to assess the environmental and economic sustainability of biobased products. This best guidance is based on an analysis of existing approaches and on the identification of key elements of best-practice assessment methodologies. Consumers increasingly demand products with low environmental impacts. While the primary focus is currently on carbon, impacts on biodiversity are less frequently taken into account. In addition, there is currently no standard procedure available to measure this criterion as a part of Life Cycle Analysis. INDUSTRIAL BIOTECHNOLOGY AND CLIMATE CHANGE: OPPORTUNITIES AND CHALLENGES – © OECD 2011 23

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