Below50

General

Name of initiative Below50
LPAA initiative No
NAZCA Initiative No
Website address www.below50.org
Related initiatives
Starting year 2017
End year
Secretariat
Organisational structure The core partners include the World Business Council for Sustainable Development (WBCSD), Sustainable Energy for All, and Roundtable on Sustainable Biomaterials. 16 partners and 19 companies have joined the initiative as of November 2017
Geographical coverage Global
Name of lead organisation WBSCD
Type of lead organisation
Location/Nationality of lead organisation

Description

Description below50 is a global collaboration that brings together the entire value-chain for sustainable fuels – that is, fuels that produce at least 50% less CO2 emissions than conventional fossil fuels. below50 aims to create a critical mass of players (developers, users and investors) through the below50 campaign to grow the global market for the world’s most sustainable fuels.
Objectives The initiative commits to reduce CO2 emissions by replacing 10% of global transportation fossil fuel use with low-carbon transport fuels by 2030 and 27% by 2050.
Activities Outreach and coalition building:
  • Initiated partnerships with the Brazilian Business Council for Sustainable Development (CEBDS), the Biotechnology Innovation Organisation (BIO) and the Queensland Renewable Fuels Association (QRFA) to establish three new below50 hubs (in South America, North America and Australia respectively). These hubs will allow below50 activity to be focused on overcoming region- specific barriers, recognizing the global differences in market maturity.
  • A below50 policy document was communicated by companies to policy makers on a united view on the European Renewable Energy Directive (REDII). The document included a call for REDII to be focused on not only second generation biofuels. It acknowledged the important role that conventional biofuels, with high GHG reduction potential, can play in meeting decarbonization and renewables targets for the transport sector.
  • Introducing regional below50 hubs and diversifying the membership structure has allowed below50 to better reflect its marketplace. This in turn has led to a significant uptake in engagement with a 60% increase in membership. below50 has also attracted an official partnership with the We Mean Business coalition to further expand the reach and uptake of below50’s work on low carbon fuels. • The aim beyond 2017 is to expand the number of regional hubs to directly address the barriers in additional markets. Countries of immediate interest include China and the Philippines.

Capacity building:

  • In July 2017, below50 partnered with BIO to organize a below50 event at BIO World Congress on Industrial Biotechnology (#BIOWC17) in Montreal. Industry leaders, government officials and academic researchers met to share the latest advances across the spectrum of industrial biotechnology including renewable chemicals, synthetic biology, food ingredients and advanced biofuels.
  • below50 will also look to share the insights gained in regional campaigns across the global platform, continuing to build the market drivers needed to replace 10% of global transportation fossil fuel use with low-carbon transport fuels by 2030. Policy-making and implementation:
  • In 2017 below50 has continued to work on combatting market and policy barriers to scaling up production and use of low carbon fuels. Particular focus has been placed on improving the market driven side, making the most of below50’s unique global platform of stakeholders across the entire value chain of sustainable transport fuels.
  • In Brazil, where challenges exist around a lack of biofuel to meet demand, below50 members (with the assistance of CEBDS) submitted a letter of support for the RenovaBio program to the Brazilian government. The RenovaBio program is designed to incentivize investment by enabling biofuels producers to issue certified emissions reductions certificates
One or two success stories achieved

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-13.png  
Function of initiative Implementation
Activity of initiative Goal setting (ex-ante)
Indicators
Goals The initiative commits to reduce CO2 emissions by replacing 10% of global transportation fossil fuel use with low-carbon transport fuels by 2030 and 27% by 2050.
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative Reported annual together with the other transport initiatives in:

http://www.ppmc-transport.org/wp-content/uploads/2017/11/2017-MPGCA-Transport-Initiatives-Report_Final.pdf

Available reporting

Participants

Participants Number Names
Members 25  
Companies 20 Agrisoma Biosciences Inc. (Canada),ArcelorMittal (Luxembourg),Audi AG (Germany),Carbon Recycling International (Iceland),Clariant AG (Switzerland),Copersucar (Brazil),E.I. du Pont de Nemours and Company (USA),Gol Linhas Aereas Inteligentes (Brazil),GoodFuels (Netherlands),GranBio (Brazil),ICM (USA),LanzaTech (USA),Novozymes (Denmark),Poet-DSM Advanced Biofuels (USA),Red Rock Biofuels (USA),Scania (Sweden),SkyNRG (Netherlands),United Continental Holdings (USA),UPM-Kymmene Corporation (Finland),UPS (USA).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 4 Queensland Renewable Fuels Association (Australia),  World Business Council for Sustainable Development (Switzerland),  Biotechnology Innovation Organization (USA),  The Brazilian Business Council for Sustainable Development (Brazil)
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 1 Leveraged Green Energy (USA)
Other members 0
Supporting partners 2 Sustainable Energy for All (Denmark),  and Roundtable on Sustainable Biomaterials (Switzerland).
Number of members in the years
2017
19
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
Yes No No No No No No No No No No No No No No No No No No No No No
Last update: 13 September 2019 08:44:04

Not only have national states as participators