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Biomass is organic material that comes from plants and animals, and includes crops, waste wood, and trees. When biomass is burned, the chemical energy is released as heat and can generate electricity with a steam turbine.
Biomass is often mistakenly described as a clean, renewable fuel and a greener alternative to coal and other fossil fuels for producing electricity. However, recent science shows that many forms of biomass—especially from forests—produce higher carbon emissions than fossil fuels. There are also negative consequences for biodiversity. Still, some forms of biomass energy could serve as a low-carbon option under the right circumstances. For example, sawdust and chips from sawmills that would otherwise quickly decompose and release carbon can be a low-carbon energy source.
The following pages contain summary feedback from the 124 participants from a range of private, public and NGO sectors who attended the G&I webcast event and Q&A. It provides a valuable snapshot of the positive response to integrating a gender lens with climate investing and the wide range of gender frameworks and tools available to do so.
Conversely, it highlights that the majority of participants said they require tailored advice on tool selection and application and accompanying data to build their specific business case for integrating gender targets in their work