By Cindy Thyfault, CEO, Global Biofuture Solutions
Special to The Digest
Innovative financing solutions to realize the next generation of Global Bioeconomy projects that will revolutionize the way the we produce, use and re-use carbon for energy, materials and food.
Consumers, investors, and policymakers are looking for Low Carbon and Circular Economy projects to realize positive, long-lasting financial growth that simultaneously preserves the environment and climate for future generations. The ongoing development of Industrial Biotechnology is creating a sustainable, circular Global Bioeconomy which in turn is yielding innovative profit centers for farmers, rural communities, innovators, and project developers. The time is ripe for investments in the Global Bioeconomy that will revolutionize the way the we produce, use and re-use carbon for energy, materials and food.
Global Biofuture Solutions, Inc. (GBS) applies a sectoral-specific risk-mitigation based approach to unlock increased investment in the low carbon bioeconomy both domestically and internationally. GBS is the evolution and extension of the successful financial consulting company Westar Trade Resources.
“Gerard and I, in coordination with our Global Advisory Team members, have been researching the needs and opportunities to assist with rapidly accelerating the growth of the global Low Carbon Economy for the last two years. Our research led us to develop this new business model, which features a suite of products and services that can help countries, developers, and financiers work smarter, not harder, and increase the pace of new biorefinery development. We understand that only results count, and we wanted to re-position Westar to increase and expand the offering of products and services that can assist our clients to get there as well. Re-branding as Global Biofuture Solutions highlights our expanded suite of services and highlights our increased ambition,” explains Cynthia Thyfault, Founder and CEO.
The mission of Global BioFuture Solutions is to accelerate the development and deployment of low carbon technologies worldwide by combining our deep understanding of industry best practices with best-in-class project risk assessment and mediation techniques to:
- Provide expertise to guide legislators and regulators as they develop the policies and approaches to realize new investment in the global bioeconomy.
- Effectively evaluate, share and promote sustainable best practices for the entire bio-project value chain through consulting services that includes feasibility studies and other technical support.
- Use the QuantaVision Risk Management System to successfully measure, manage and mitigate the diverse risks of any given bio-project. These initial risk evaluations can unlock previously untapped financing opportunities, and the independent, regularly scheduled reports can be used for financing servicing requirements for boards of directors, investors, lenders and other stakeholders.
- Build a global network of highly knowledgeable investors interested in using ERM, EGC, and Green Bond criteria to more rapidly develop low-carbon bioeconomy-related investments.
- Deploy a team of experienced global consultants that can assist clients to understand sector specific issues across the entire bioeconomy value chain, including fuel standards and incentives, regulation and legislation, international markets and relations, multilateral financing approaches, bio-based engineering, environmental issues, and bio-based product sales channels.
Principals of the new company include:
Cynthia Thyfault, Founder and CEO: Ms. Thyfault has led the company for over 26 years and completed financial consulting assignments that have resulting in over $3 billion of financing for biomass conversion technologies, including biofuels, bio-chemicals, and bio-power, both domestically and internationally, as well as value-added agriculture manufacturing and rural commercial businesses. She has served in leadership for many civic organizations and has served for 6 years on the Department of Commerce Renewable Energy and Energy Efficiency Advisory Committee (REEEAC), including the past two years as Chairman. She has also served on the Bioenergy Standards Industry Working Group for the Climate Bonds Initiative, as well as the IRIS Standards Industry Working Group for the Global Impact Investor Network.
Dr. Gerard Ostheimer, Ph.D., Co-Founder and Chief Strategic Officer: Dr. Ostheimer serves as the Global Lead for Sustainable Bioenergy for Sustainable Energy for All. Working with diverse international partners, like the UN Food and Agriculture Organization, International Energy Agency and the International Renewable Energy Agency, he promotes the development and deployment of sustainable bioenergy solutions thru Knowledge Sharing, Policy Support and Deployment Support. In collaboration with the World Business Council for Sustainable Development, Dr. Ostheimer co-founded below50, which works to deploy the world’s most sustainable Low Carbon Fuels. He now serves as a Senior Advisor for the below50 campaign.
The Global Advisory Team includes:
Chris Tindal, Assistant Director, Commercial Aviation Alternative Fuels Initiative (CAAFI): Chris works to promote the development and commercialization of alternative jet fuel options that offer equivalent levels of safety and compare favorably on cost with petroleum-based jet fuel, while also offering environmental improvement and security of energy supply for aviation. He also helps to manage the coalition of CAAFI stakeholders and provide leadership and strategic guidance to CAAFI’s Work Teams, Federal government interagency initiatives, State and Regional programs, airport authorities, and International initiatives consistent with CAAFI priorities.
Graham Noyes, Managing Attorney of Noyes Law Corporation (NLC): For the past fifteen years, Graham has worked in commercial and legal roles in the low carbon fuels industry. Through NLC, Graham represents producers, developers, marketers, and distributors of solid, liquid, and gaseous fuels based in the US and abroad on fuel, energy, and carbon law issues. Graham is licensed to practice law in California, and Washington D.C. He is a recognized authority regarding the nature and value of environmental attributes, particularly RINs under the Renewable Fuel Standard, and credits under California’s Low Carbon Fuel Standard.