January 13, 2010
"Certification Strategies, Industrial Development and a Global Market for Biofuels"
Discussion Paper
By Ricardo Hausmann and Rodrigo Wagner
In a discussion paper released by Harvard University's Sustainability Science Program and the Belfer Center's Environment and Natural Resources Program at the Harvard Kennedy School, Ricardo Hausmann and Rodrigo Wagner lay out five organizing principles for maximizing the development impact of a global biofuel market.
A disproportionately large amount of the world's agronomic potential for the production of bio-ethanol is concentrated in a subset of developing countries. To develop that potential, countries need both the existence of an appropriate local business ecosystem and reliable global demand. The creation of a global market for green biofuels, however, is affected by a constellation of diverse and sometimes conflicting policy goals, which tend to complicate policy discussion. In this paper we compile a set of principles to guide the design of a global market for green biofuels.
