- 5 years ago
Despite mounting evidence that the use of biofuels does not significantly reduce greenhouse gas emissions and that the expansion of biofuel crop plantations is displacing small farmers and jeopardizing the food security of the poorest populations, national and international policy agendas are accelerating biofuel production in Asia. The national policies of many Northern and emerging economies, including subsidies and fuel blending regulations, have stimulated the expansion of plantations for biofuel production in Asia. International financing for climate change mitigation is also contributing to the development of the industry by providing tradable carbon credits to investors and producers of biofuels. This paper explores the relevance of two key international policy agendas for biofuel production in Asia : the UNFCCC negotiations and the Rio+20 Conference.