"Advanced Biofuels are the fast-track option to developing Europe’s bioeconomy and supporting transport decarbonization," stated UPM’s Marko Janhunen who continues as the Chair of Leaders of Sustainable Biofuels (LSB) after members unanimously re-elected Janhunen at the Annual Meeting held June 5.
Founded in 2012 to promote the uptake of advanced biofuels, and to support a specific mandate for advanced biofuels in EU legislation, Leaders of Sustainable Biofuels (LSB) held its Annual Meeting in Brussels, Belgium on June 5.
At the meeting representatives of 13 leading advanced biofuels companies gathered to discuss the status of policy developments and the state of play in the industry. Members also unanimously re-elected Marko Janhunen, Director, Public Affairs of UPM as Chair of LSB for the upcoming year.
We welcome the fact that in the past years, advanced biofuels have been recognized as a fast-track option to decarbonize transport. At this very moment many countries are looking to outline their strategy for reaching the decarbonization targets set out by the Paris climate agreement and advanced biofuels can play a significant role in that”, states Marko Janhunen.
LSB welcomes the current policy discussions on the Renewable Energy Directive II (REDII) and the proposed specific mandate for advanced biofuels, based on Annex IX part A. LSB considers such a measure necessary to create investor security, and to “unleash the potential” of the sector.
LSB’s members are committed to making a significant contribution to meeting the EU’s ambitions of decarbonizing the transport sector. Advanced biofuels bring multiple benefits in terms of carbon dioxide (CO2) reduction, investments, revenues for farmers and forestry, improved waste management practices, job creation and an increase in energy security.
