The notion of a "great green technological transformation" enabling a "green economy" is now being widely promoted as the key to our planet's survival. The ultimate goal is to substitute the extravtion and refining of petroleum with the transformation of biomass. Who will be in control of the future green economy?

In this joint report, the Heinrich Böll Foundation and the ETC Group reveal the new "Biomassters" and argue that in the absence of effective and socially responsive governance, the green economy will perpetuate the greed economy.

Big foundations like Gates and giant agribusinesses like Syngenta are taking an interest in multilateral public institutions committed to ending hunger. The international agencies are having trouble with the “public/private” boundaries. It’s time to evaluate them all.

ETC Group dedicates this Communiqué to the memory of Dr. Erna Bennett who passed away at the beginning of January 2012.

Issue: Three recent incidents show that the UN’s Food and Agriculture Organization (FAO) and the Consultative Group on International Agricultural Research (CGIAR) seem to be redacting their reports, or opening their gene banks and looking the other way as the private sector overrides governments and farmers to commandeer agricultural policy and practice. Private foundations and OECD states are causing public institutions to lose their focus on “public goods.”

Will a “great green technological transformation” bring about a “green economy” to help us save ourselves and our planet? Or will it serve those already controlling today’s “greed economy?” In its new report, ETC Group provides a snapshot of the state of corporate control in more than a dozen economic sectors relevant to the green economy (including seeds, energy, bioinformatics and food) and argues that in the absence of effective and socially responsive governance, the green economy will spur even greater convergence of corporate power and unleash the most massive resource grab in more than 500 years.

What you will find in the 'Who Will Control the Green Economy?' Report

- Naming The Green Economy's “One Percent”

'Who Will Control the Green Economy?' provides hard data on the largest and most powerful corporate players controlling 25 sectors of the 'real economy'. This is the only freely available report to assemble top 10 listings of companies (by market share) from 18 major economic sectors relevant to the Green Economy. These lists include the top 10 players in Water, Energy, Seeds, Fishing and Aquaculture, Food Retail and Processing, Chemicals, Fertilizer, Pesticides, Mining, Pharmaceuticals, Biotech, the Grain Trade and more. The report also identifies the leading players in a handful of new and emerging industrial sectors including Synthetic Biology, Big Data, Seaweed and Algae production and Livestock Genetics (pp.1-2).

Earth Grab - Geopiracy, the New Biomassters and Capturing Climate Genes' - essential, cutting-edge climate science in everyday language - published this week (27 October 2011). The authors reveal information that the large corporations who profit from climate change do not want the public to know.
'Earth Grab' analyses how Northern governments and corporations are cynically using concerns about the ecological and climate crisis to propose geoengineering 'quick fixes'. These threaten to wreak havoc on ecosystems, with disastrous impacts on the people of the global South. As calls for a 'greener' economy mount and oil prices escalate, corporations are seeking to switch from oil-based to plant-based energy.
minent environmentalist Vandana Shiva, founder of the Research Foundation for Science, Technology and Ecology, writes in her foreword that this research 'pulls back the curtain on disturbing technological and corporate trends that are already reshaping our world and that will become crucial battlegrounds for civil society in the years ahead'.

The book has already captured the attention of writer Naomi Klein, who writes that this 'crucial book reveals ... Indispensable research for those with their eyes wide open'. Campaigner George Monbiot adds that its exploration of 'three crucial issues which will come to dominate environmental and human rights debates in the coming years make it an essential resource for anyone trying to keep up with the times'.