GreenieRE at the AFCC Global Biobased Economy Conference
Takeaways from the AFCC Conversation
Last week, GreenieRE attended the 5th Annual AFCC Global Biobased Economy Conference & Exhibit in National Harbor, Maryland. The event brought together leaders in renewable fuels, biobased chemicals, circular economy, and clean technology to explore how we can scale a sustainable, innovation-driven bioeconomy.
The “Risk Management Innovation to Accelerate the Bio-based Economy” panel featured two speakers from GreenieRE — our board member Christopher Lowell and COO Amy Antczak — and examined how innovative tools and approaches can help overcome the “innovation risk” that frequently stifles growth in the bio-based economy.
Three key themes emerged from the conversation:
- Risk Assessment – the need to better quantify and understand risk in nascent bio-technology ventures
- Risk Transfer – exploring how to tailor insurance and financial structures (such as underwriting of performance, supply chain, and technology risk) for these emerging opportunities
- Risk Reduction – what strategies can be implemented for de-risking early-stage companies so they can become more attractive to investors and insurers
The trajectory of the bioeconomy doesn’t just depend on scientific breakthroughs; it equally relies on financial innovation and risk infrastructure. Without the right risk-management frameworks, promising companies may never transition from lab to commercial scale.