The report analyses the reduction scope for the production costs of a range of advanced biofuels and identifies under what conditions they could become affordable.

Given the tremendous focus on climate and actions to mitigate climate change, steps are being taken to move from today’s fossil-based economy to a more sustainable economy based on renewable energy, biomass and recycling. This IEA Bioenergy Task 42 report shows that global bio-based chemical and polymer production is estimated to be around 90 million tonnes.

IEA Bioenergy’s vision is to achieve a substantial bioenergy contribution to future global energy demands by accelerating the production and use of environmentally sound, socially accepted and cost-competitive bioenergy on a sustainable basis, thus providing increased security of supply whilst reducing greenhouse gas emissions from energy use.