This Innovation Challenge is striving to develop ways to produce, at scale, widely affordable, advanced biofuels for transportation and industrial applications. In recent years, we have become more aware of the need to optimize the way we are using global bio-resources. First, we need to replace not only fossil fuel-based energy with biofuel – in parallel, we must also develop methods for replacing fossil fuel-based chemical building blocks and materials. Furthermore, the observed effects of climate change are challenging food pro- duction in many areas of the world. This, together, with a rap- idly growing population, makes it of the utmost importance to ensure that global bio-resources are being used much more efficiently than we use them now, when we are throw- ing away approximately 35% of them. We conclude here that the introduction of bioeconomy-related technologies, upgrading residues, side-streams and wastes can feed many more people and at the same time contribute significantly to the production of biobased fuel, materials and chemicals at commercially viable prices. In this way, technologies can contribute to meeting the UN SDGs (Figure 6) while at the same time contributing to climate change mitigation and to improved resource efficiency overall, as well as, eventually, to more responsible habits of consumption.
Sustainable Bioenergy and Biofuels Innovation Challenge – Page 71
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