Draft Details
This BDO Zone Technical Specification provides a clear framework for Issuers to accelerate and derisk Biomanufacturing project development in specific geographic regions. It guides Issuers in conducting technical and geographic evaluations of BDO Zones, comprehensively assessing Supply Chain and Infrastructure Risks to achieve this goal.
It is organized into two Risk Categories – Supply Chain Risk and Infrastructure Risk – that are foundational to two key project developer questions: What is the Supply Chain Risk and what is the Infrastructure Risk for a New Entrant locating in a particular region?
Each Risk Category identifies specific Risk Factors (i.e., the itemized risk elements within each category), Risk Indicators (i.e., the markers of risk for each factor), and establishes guidance to point Issuers to best available methods and tools, to measure and mitigate risks (see Figure 1).
The Technical Specification is meant to provide a framework and guidance document for the use of the Biomass Supply Chain Risk (BSCR) Standard (CSA W209) to assess the regional readiness of geographical areas for Biomanufacturing. The CSA W209 BSCR Standard enables more accurately quantification of biomass Supply Chain Risk for Biomanufacturing projects. The Technical Specification enables more accurately quantification of Supply Chain and Infrastructure Risk for geographic regions. CSA W209 serves as a due diligence tool to support the financing of biomanufacturing projects. The Technical Specification complements this by acting as an economic development tool that enhances decision-making for site locations, benefiting project developers and governments by enabling faster and more informed choices.
By achieving these objectives, the Technical Specification will enable the creation of a comprehensive network of rated BDO Zones, facilitating informed decision-making for biobased developers and investors, and catalyzing the growth of the bioeconomy.
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