Open figure viewer
Significance
There is an obvious tension between promoting forests to capture carbon and burning wood for energy. Increased demand risks unsustainable indirect changes of land use. However, modern forestry practices suggest woody biomass can be used sustainably, if forest eco-systems are well managed.
Impacts
Although it continues to carry a green label, debate over its sustainability may damage financial flows into the biomass sector.
The sector focus on secondary and tertiary wood sources, as well as wood industry by-products, will increase.
Woody biomass use for heat and power will make up a key part of renewable energy generation, particularly in heavily forested countries.
Keywords:
economy,
climate,
energy,
environment,
infrastructure,
manufacturing,
renewable energy,
Fossil fuels,
Renewable energy,
International,
INT
© Oxford Analytica 2021. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2021
You do not currently have access to this content.
