World Bio‐trade Equity Fund Study For IEA Task 40 Bio‐trade April 18, 2010 Douglas Bradley President, Climate Change Solutions, Canada Bo Hektor HPP AB, Sweden Peter‐Paul Schouwenberg Nidera Handelscompagnie B. [...] V, Netherlands 1 Contents Executive Summary 1. Introduction 2. Investing in Bioenergy 2.1. [...] Consequences of 2007‐09 Financial Crisis 3. Green Funds 3.1. [...] CIS 6. Example Projects to Promote Biotrade 7. Bio‐trade Fund 7.1. [...] Example Project path Appendix 2 Executive Summary Biomass energy is a major plank in global strategies to achieve renewable energy objectives. While the EU may have sufficient local biomass sources, international trade is seen as necessary to getting large volumes of biomass to where they are needed, and at low‐cost. Biomass trade between developed nations is increasing, suc