Financial Times FT.com

Biofuels should benefit the poor, not the rich

By Jacques Diouf

Published: August 15 2007 03:00 | Last updated: August 15 2007 03:00

Much of the current debate on bioenergy, focusing on negative aspects such as sharply increased food prices and erosion of biodiversity, ob-scures the sector's huge potential to reduce hunger and poverty.

If we get it right, bioenergy provides us with a historic chance to fast-forward growth in many of the world's poorest countries, to bring about an agricultural renaissance and to supply modern energy to a third of the world's population.

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