Food and Agriculture Organization of the United Nations (FAO)
Climate Impact & Sustainability Data (2019)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Food security
- Natural resources management
- Climate change
- Responsible consumption and production
- Economic growth
- Good governance
Environmental Achievements
- Reduced GHG emissions through various methods including shifting from burning agricultural residues to using them as biomass feedstock, improving soil carbon sequestration, and implementing water-saving measures.
- Improved water quality and quantity through efficient water use in bio-based industries and sustainable end-of-life options for wastewater treatment.
Social Achievements
- Increased employment opportunities, particularly for rural women and youth.
- Enhanced rural and urban economic resilience through income diversification and improved territorial cohesion.
- Supported vulnerable stakeholders, including low-income communities, smallholder agricultural producers, and indigenous peoples.
Governance Achievements
- Established inclusive decision-making processes and broad social agreement and engagement.
- Implemented territorial approaches to rural bioeconomy development.
- Developed regional bioeconomy clusters.
- Utilized contract farming mechanisms.
Climate Goals & Targets
Environmental Challenges
- Competition for biomass and natural resources among different bioeconomy sectors.
- Challenges in applying circularity principles to the use of residues.
- Risks associated with intermittent supply of raw materials.
- Risks associated with new and uncertain investments in bioeconomy.
- Potential competition between traditional jobs and new jobs in bioproduct value chains.
- Potential for new technologies to reduce employment opportunities.
Mitigation Strategies
- Using biomass residues and food that are otherwise lost or wasted.
- Adopting integrated systems and value web approaches.
- Implementing contract farming agreements.
- Strengthening collaboration between stakeholders.
- Diversifying incomes of farmers and industrial actors.
- Developing technologies adaptable to different feedstocks.
- Establishing mechanisms to create an enabling environment for new activities.
- Providing training and access to technology.
Supply Chain Management
Responsible Procurement
- Contract farming
- Purchasing agreements
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Increased rainfall variability
Opportunities
- Development of climate-smart practices
- Carbon sequestration
Reporting Standards
Frameworks Used: ISBWG Principles and Criteria for Sustainable Bioeconomy, SDGs
UN Sustainable Development Goals
- SDG 2
- SDG 7
- SDG 8
- SDG 9
- SDG 12
- SDG 13
- SDG 15
The report details how various bioeconomy initiatives contribute to these goals.