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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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Sustainability criteria should aim to, if possible, measurably reduce the key impacts associated with feedstock production, consumption and use. While dependency on the feedstock variations will persist, it is likely that key aspects to consider for the future will be biodiversity, soil protection, water conservation, carbon dioxide emissions reductions, air quality and social sustainability. Objectives • Production and processing of materials should be done using best management practices. • Sustainability filters should be integrated into lending policies. • Sustainability requirements should be addressed through public/private partnerships. Feedstock producing countries – especially in the global South – will also need significant technical and financial support to implement adequate safeguards. Communication and education Biobased products comprise a great variety of innovative products in many applications. However most of these products cannot be easily recognised by users and consumers, due to the fact that no external, perceptible characteristics differentiate biobased products from traditional products made with petrochemicals. Thus the specific features of biobased products are mostly invisible to the purchaser. This lack of awareness and knowledge of the potential of industrial biotechnology, in manufacturing industry and amongst policy makers, consumers and even investors17 represents a major obstacle to increased market uptake of biobased products. In its recent bio-economy report, the OECD18 suggested creating an ongoing dialogue between regulators, citizens and industry, as many of the policies to support the bio-economy and its sustainability will require the active participation of these groups. Sustainability should be made more visible as the core value driving the development process. As environmental awareness grows, the demand for products from sustainable manufacturing processes, including biobased products, is likely to grow. 24 INDUSTRIAL BIOTECHNOLOGY AND CLIMATE CHANGE: OPPORTUNITIES AND CHALLENGES – © OECD 2011

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