The Port of Tyne, based in Newcastle, UK, has signed the Glasgow Declaration on Sustainable BioEnergy to help tackle climate change.
The Declaration uses International Energy Agency (IEA) data to highlight the role that sustainable bioenergy will play to help achieve global net-zero by 2050, in line with the goals of the Paris Agreement.
The document has already been signed by a coalition of 13 wood bioenergy companies and organisations from around the world and sets a global standard of sustainability for the industry, aiming to launch a cross-sector dialogue about how wood bioenergy can deliver to its full potential as an indispensable tool for reaching global net-zero.
The declaration also details a framework of sustainability principles that are already helping to deliver sustainable wood-based bioenergy. This includes robust carbon accounting and supply chain transparency, resource management, biodiversity and supporting economies.
In a statement from the Port of Tyne, it revealed that the expansion of wood bioenergy could also support more than 200,000 additional jobs in the supply chain by 2030, and more than 450,000 additional jobs by 2050.
The Port of Tyne has also recently announced it is now operating a net-zero port-centric warehouse, ran entirely on clean energy from renewable sources. Announced in October 2021, the now completely green Warehouse 21 is a huge milestone for the port in its Tyne 2050 transformation strategy where it aims to become a carbon-neutral port by 2030 and all-electric by 2040.