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
Total Pages: 48
Release: 2011-06-10
Genre: Biomass energy
ISBN:

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.

Sustainable Development of Biofuels in Latin America and the Caribbean

Sustainable Development of Biofuels in Latin America and the Caribbean
Author: Barry D. Solomon
Publisher: Springer Science & Business Media
Total Pages: 257
Release: 2013-10-30
Genre: Science
ISBN: 1461492750

This book examines recent developments in Latin American biofuel production. Taking “sustainable development” as a central theme, each chapter considers one country in the region and explores how biofuel production is evolving given concerns about food sovereignty, trade and other social issues. Environmental conservation, as well as an increasingly complex and globalized economic structure, Is also taken into account. The contributions to this volume critically explore the ways in which biofuel production in Latin America impact social, economic and environmental systems: the so-called “three pillars of sustainability". Numerous stakeholders, drawn from government, industry, civil society and academia have attempted to define “Sustainable Development” in the context of biofuel production and to operationalize it through a series of principles, criteria, and highly specific indicators. Nevertheless, it remains a fluid and contested concept with deep political and social ramifications, which each chapter explores in detail.

The Economics of Biofuels

The Economics of Biofuels
Author: Stefania Bracco
Publisher: Routledge
Total Pages: 216
Release: 2016-06-17
Genre: Business & Economics
ISBN: 1317218973

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.

Biofuels, Land Grabbing and Food Security in Africa

Biofuels, Land Grabbing and Food Security in Africa
Author: Prosper B. Matondi
Publisher: Zed Books Ltd.
Total Pages: 255
Release: 2011-06-09
Genre: Social Science
ISBN: 1848138814

The issue of biofuels has already been much debated, but the focus to date has largely been on Latin America and deforestation - this highly original work breaks fresh ground in looking at the African perspective. Most African governments see biofuels as having the potential to increase agricultural productivity and export incomes and thus strengthen their national economies, improving energy balances and rural employment. At the same time climate change may be addressed through reduction of green house gas emissions. There are, however, a number of uncertainties mounting that challenge this scenario. Using cutting-edge empirical case studies, this knowledge gap is addressed in a variety of chapters examining the effects of large-scale biofuel production on African agriculture. In particular, 'land grabbing' and food security issues are scrutinised, both of which have become vital topics in regard to the environmental and developmental governance of African countries. A revealing book for anyone wishing to understand the startling impact of biofuels and land grabbing on Africa.

Biofuels in Africa

Biofuels in Africa
Author: Donald Mitchell
Publisher: World Bank Publications
Total Pages: 220
Release: 2010-11-24
Genre: Business & Economics
ISBN: 0821385178

A new economic opportunity for sub-Saharan Africa is looming large: biofuel production. Rapidly rising energy prices are expected to remain high for an extended period of time because of the increasing demand in prospering and populous countries such as China and India, the depletion of easily accessible supplies of crude oil, and concern over global climate change. As a result, there is renewed interest in biofuels as an alternative to fossil fuels. Africa is uniquely positioned to produce these new cash crops for both domestic use and export. The region has abundant land resources and preferential access to protected markets with higher-than-world-market prices. The rapid growth in the demand for transport fuels in Africa and high fuel prices create domestic markets for biofuels. The European Union and the United States have approved legislation that requires large increases in the consumption of biofuels over at least the next decade. Imports are expected to be needed to meet these mandates, thus opening the door to African and other developing countries that can produce biofuels or feedstocks for biofuels competitively. Expanding the production of crops for biofuels will affect the entire rural sector in Africa as resources are shifted away from traditional crops and the prices of all agricultural commodities rise. Even smallholders can participate in producing biofuel crops. To promote the sustainability and significant contribution of this enterprise, Biofuels in Africa provides guidance in formulating suitable policy regimes, which are based on protecting the rights of current land users, developing revenue-sharing schemes with local communities, safeguarding the environment and biodiversity, expanding institutional capacity, formulating new regulations and procedures, and emulating best practices from experienced countries. This volume will be of value to anyone interested in biofuels, including policy makers, development practitioners, private investors, researchers, and the general public. Now that African countries are trying to significantly increase their energy supply systems, biofuels are an attractive option using both dedicated crops and agricultural waste. This book provides guidance for them to develop a suitable policy regime for a significant contribution by biofuels. Professor Ogunlade R. Davidson, Minister of Energy and Water Resources, Sierra Leone Biofuels in Africa is a sorely needed resource for our understanding of the problems of expanding biofuels production in Africa. A high point of the book is a description of the projects that were started in several countries. A very useful book! Professor Jos Goldemberg, University of S o Paulo, Brazil As Africa most likely will play the same role for global biofuels as the Middle East does for oil, this comprehensive book on African biofuels should be compulsory reading for anyone interested in either African development or biofuels. The book captures the essence of long-term drivers and opportunities as well the complex challenges for investors and society of this huge emerging industry. Per Carstedt, Executive Chairman, EcoEnergy Africa

Biofuel development in Latin American and the Caribbean

Biofuel development in Latin American and the Caribbean
Author: Cinthya Guerrero
Publisher: GRIN Verlag
Total Pages: 123
Release: 2009-05-29
Genre: Nature
ISBN: 3640335627

Master's Thesis from the year 2008 in the subject Environmental Sciences, grade: 100%, Brandenburg Technical University Cottbus, course: Environmental and Resource Management, language: English, abstract: In the light of availability concerns and environmental implications of fossil fuels, attached with the remarkable rise in the price of oil during the past several years; biofuels are getting a significant increase in interest worldwide from governments, private investors, farmers and the public in general. Nevertheless, the use of cropland for biofuels had become a very controversial topic. On one hand, promoters state that biofuels represent opportunities to increase the energy security and to generate environmental and social benefits (through greenhouse gases emissions reductions and poverty alleviation through rural development respectively). On the other hand, topics such as the effects on food prices and availability, soil fertility and erosion, competition for scarce land and water resources and biodiversity loss are also widely discussed as important concerns related to further development of bioenergy. Notwithstanding this, several developing countries around the world are turning into the biofuels direction to satisfy the demand of developed countries while contributing to their economical growth and/or diversifying their current options of energetic arrangements. For Latin America and the Caribbean (LAC), a geographical area with privileged natural resources; home-grown energy crops emerge as an appealing possibility, especially given the example of Brazil, a historical leader in ethanol production. After assessing some core elements of the biofuel’s debate, the evidence seems to suggest that biofuels may represent a valuable source of renewable energy. Nonetheless, in order to represent a promise to the LAC region, local governments will be required to firmly normalize land use and agricultural activities, while cautiously shaping public policies. Whether the biofuels’ boom will represent an opportunity or a risk for the LAC region would depend on how each country regulate agricultural and manufacturing practices, including how many small farmers and workers from rural areas would benefit from the industry. Keywords: Renewable resources, Biofuels risks and opportunities, Latin America and the Caribbean, Ethanol, Biodiesel, Food vs. Fuel debate, GHG reduction, Holistic approach to biofuels.

The Global Biofuel Production and its impact on the Land Tenure of the Rural Poor

The Global Biofuel Production and its impact on the Land Tenure of the Rural Poor
Author: Martina Schöb
Publisher: GRIN Verlag
Total Pages: 34
Release: 2013-04-17
Genre: Social Science
ISBN: 365641288X

Seminar paper from the year 2012 in the subject Ethnology / Cultural Anthropology, grade: 1, University of Luzern (ethnologisches Seminar), course: Land Grabbing, language: English, abstract: The global biofuel production has been rapidly increasing since 2007-08 and with it the new demand for land, which has a strong focus on Africa as it has weak land rights protection. Most foreign investors, who intend to buy land for the biofuel production take advantage of the lack of proper property rights in several African countries. Therefore, many of the rural poor, who depend on land for their living, suffer from expulsion or dispossession. In summary, it can be said that the formalization of land titles only serves the poor, when secondary rights as for example for women, herders or migrants, are respected by the state or the foreign investors when allocating, buying or leasing land. In addition, during the processes of allocating, buying or leasing land, the state as well as the foreign investor should give whole local communities (not only local elites) the possibility to negotiate over the future use of the land they tilled for years. From the four land tenure reforms outlined, where land based wealth and power transfers occurs, the two best possible solutions, which serve the poor, would be the redistribution and the distribution of land. In my opinion, the preferable one of this two solutions is distribution as this solution is less conflict-prone. In the present paper two case studies are used to show how (as in the case of Ghana) local elites or foreign investors make decisions without consulting local communities or, that simply changing laws or introduce policies is not enough to protect the land rights of the affected local communities (as in the case of Mozambique). Even if local communities are compensated for loss of their land rights, many agreements between communities and investors emphasize one-off compensations rather than long-term benefit sharing, such as job creation or leasing incomes and the agreements usually involve very small payments compared to for example the value of the forest concessions acquired by investors.

Sustainability Challenges in Sub-Saharan Africa I

Sustainability Challenges in Sub-Saharan Africa I
Author: Alexandros Gasparatos
Publisher: Springer Nature
Total Pages: 363
Release: 2020-09-04
Genre: Science
ISBN: 9811544581

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.

Rethinking Global Land Use in an Urban Era

Rethinking Global Land Use in an Urban Era
Author: Karen C. Seto
Publisher: MIT Press
Total Pages: 409
Release: 2014-03-14
Genre: Business & Economics
ISBN: 0262026902

Today, global land use is affected by a variety of factors, including urbanization and the growing interconnectedness of economies and markets. This book examines the challenges and opportunities we face in achieving sustainable land use in the twenty-first century. The contributors, from a range of disciplines and countries, present new analytical perspectives and tools for understanding key issues in global land use.