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It can be assumed that the net GHG impact of industrial biotechnology will be strongly influenced by the overall socio-economic environment and the policy landscape promoting the dissemination of these technologies. In many instances, current policies and private sector strategies are neither strong nor efficient enough to fully develop and harvest the GHG emissions reduction potential of industrial biotechnologies. A significant effort is therefore required to achieve the socio-economic environment and policy landscape that would nurture such potential. The following figure illustrates policies proposed by Bang et al. (2009)24 that can maximise the impact of industrial biotechnology on climate change. Figure 5. Policies for a low GHG path Source: WWF (2009). Industrial biotechnology. More than green fuel in a dirty economy? 28 INDUSTRIAL BIOTECHNOLOGY AND CLIMATE CHANGE: OPPORTUNITIES AND CHALLENGES – © OECD 2011PDF Image | Industrial Biotechnology and Climate Change
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