A carregar...
Publicação
How can biochar systems achieve financial viability in the current market setting while maintaining their environmental impact? Analysis of enablers and barriers in the biochar market
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 894.77 KB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
Biochar systems present a promising solution for climate change mitigation through carbon sequestration and sustainable resource use. However, adoption faces the challenge of variable financial viability, leaving the biochar market underdeveloped. To address the question, “How can biochar systems achieve financial viability while maintaining their environmental impact?”, we extensively analyzed market enablers, barriers, and cost-revenue dynamics, foundational for our primary research. Interpreting expert interviews through deductive and inductive analysis methods, we developed 10 principles to guide financially viable biochar systems. These principles,
demonstrated through a Cascais case study, offer context-sensitive strategies to navigate market complexities and promote broader biochar adoption. Within the wider scope of the group work, my individual part aims to explore the factors contributing to the large difference in biochar´s potential, detailed in the first individual part by Dedde Gombert, and current economic realities. While increasing climate awareness has significantly driven biochar´s growth, an interplay of factors concerning the regulatory landscape, feedstoc availability, technological considerations, and demand uncertainties, result in uncertainties regarding the financial viability of biochar systems. By consequence, there is insufficient funding in biochar carbon removal which stifles the growth of this emerging industry. This individual part, together with a system-level analysis of key cost and revenue drivers that follows it, lays the groundwork for the development of our hypotheses and ultimately the principles for financial viability.
Descrição
Palavras-chave
Biochar Biochar system Carbon dioxide removal Financial profitability Environmental impact Sustainability Strategy development Eco-innovation