below50 renewable fuels group launches in South America

October 30, 2016 |

In Brazil, Below50, an initiative that brings businesses together with the World Business Council for Sustainable Development (WBCSD), Roundtable for Sustainable Biomaterials (RSB) and Sustainable Energy for All (SE4ALL) to promote the best-of-breed of sustainable fuels has launched in South America.

The companies and organizations driving the initiative include ABBI, Arizona State University, Audi, BSR, CGEE, Carbon Recycling International, Carbon War Room, Copersucar, DSM, DuPont, GranBio, the International Energy Agency (IEA), SkyNRG, Joule Unlimited, LanzaTech, LGE Fund, Low Carbon Fuels Coalition, Novozymes, Poet, Red Rock Biofuels, RSB, SE4ALL and Yale University.

A key outcome of the Low Carbon Technology Partnerships initiative, below50 is a game-changing collaboration designed to grow a global corporate market for the best-of-breed  sustainable low-carbon transport fuels (LCTFs).

Any company who produces, uses and/or invests in fuels that are at least 50% less carbon intensive than conventional fossil fuels can join below50. Companies must publicly commit to the campaign, show evidence that supports their claim, and disclose their progress towards achieving this goal.

This campaign was launched today at the BIO Latin America Conference in Sao Paulo. The collaboration is designed to increase the number of companies using below50 fuels and demonstrate that these fuels make both good business and environmental sense. The campaign will centralize resources and dialogue; produce a go-to resource for regulators and policymakers; create a marketplace for companies across the supply chain; and host regional roadshows to engage financiers, policymakers and companies, as well as explore how to regionally scale sustainable fuel technology.

below50 is working closely with world-renowned sustainability standards to ensure that key sustainability parameters (for example related to water, land use and food security) are integrated into the below50 admission criteria.

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