3.2 Sustainable financing and bioeconomy investment opportunities
At least $30 trillion is now held as green or sustainable investments according to Bloomberg, but much of that does not relate to the bioeconomy. While money is gushing into green investments, much of it either just excludes the negatives (think weapons or tobacco), or it focuses narrowly on renewable energy, predominantly solar and wind. International financial sources more directly linked to bioeconomy businesses can relate to REDD++, the process moderated by the United Nations Framework Convention on Climate Change (UNFCCC), which supports countries' efforts to reduce emissions from deforestation and forest degradation and foster conservation, sustainable management of forests, and enhancement of forest carbon stocks, or climate finance more generally. While the Green Climate Fund is the largest climate finance institution that offers funding for climate mitigation and adaptation in developing countries, there are many other mechanisms and funds that provide international climate finance that may offer opportunities for bio-economy businesses. This workshop targets discussions of financing and investment opportunities both from the perspective of bioeconomy businesses that want to attract finance, as well as the perspective of green investors with an interest in bio-economy businesses. Specific questions the workshop aims to address are provided below:
- Role of financial institutions and new developments from international sustainable finance initiatives, sustainable/green/climate finance taxonomies.
- Funding and financing mechanisms for bioeconomy businesses.
- Risks and benefits of investing into the bioeconomy; Case studies around environmental/climate/social benefits. Bioeconomy and mitigating climate risks, as well as increasing climate resilience.
- Where can/should industry and investors invest, both geographically and in terms of specific bioeconomy applications attractive to investors, and what are the policy bottlenecks for these investments?
Marcelo Regunaga, Group of Producing Countries from the Southern Cone
Frank Rijsberman, Global Green Growth Institute (GGGI)
Frank Rijsberman leads the Global Green Growth Institute (GGGI) in supporting governments transition towards a model of economic growth that is environmentally sustainable and socially inclusive. With over 30 years’ experience addressing the challenges of environmental sustainability and poverty reduction with leading international organizations and philanthropic foundations, Mr. Rijsberman was appointed as the Director- General of the Institute, on October 1, 2016. He holds a PhD degree in water resources management and planning from Colorado State University (US) and a MSc and BS in Civil Engineering from Delft University of Technology (Netherlands).
Marcelo Regunaga is Professor of the Graduate Program on Agribusiness at the University of Buenos Aires. He is further Academic Director of the Formation and Training Department of Bolsa de Cereales de Buenos Aires. Regunaga is a former Secretary of Agriculture, Livestock and Fisheries; and a former Secretary of Industry, Commerce and Mining of Argentina. He is member of several organizations and advisory committees, e.g. the Argentine Council for International Relations, the GPS Group (Group of Producing Countries from de Southern Cone), and the Hemispheric Program on Bioeconomy and Productive Development of IICA. In addition, he is a member of the steering group of the Global Bioeconomy Summit 2020.