On August 12, 2020, the Biofuture Platform, an international initiative with 20 member states aimed at promoting the bioeconomy, in collaboration with the International Energy Agency (IEA), International Renewable Energy Agency (IRENA) and the Global Bioenergy Partnership (GBEP), launched the five principles that governments should adopt as post-COVID-19 economic recovery measures.

The five principles for post-COVID bioeconomy recovery and acceleration are as follows:

1) Do not backtrack

2) Consider short-term COVID support for producers

3) Reassess fossil fuel subsidies

4) Build Back Better with Bio

5) Reward sustainability

Please refer to the link below:

Biofuture Platform launches Five Principles for Post-COVID Bioeconomy Recovery and Acceleration  Biofuture Platform Aug 12. 

Contributor: MASUYAMA Toshimasa (Research Strategy Office)