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Bioenergy is critical to combat climate change, an ominous threat to life on earth as we know it. The strong political appeal of measures to combat climate change provides a unique opportunity for realizing the potential of sustainable bioenergy in Latin America, Caribbean and Africa via production, consumption and free international trade. This paper focuses on the development prospects of sustainable biofuels markets in Latin America and Sub-Saharan Africa - LACAf, regions with large potential to become global suppliers of biofuels, where 500--900 million hectares of land are available for bioenergy production while simultaneously enhancing food security and biodiversity. Biofuels markets are evolving fast and at rates higher than conventional fossil fuels. Currently, bioethanol and biodiesel provide about 3% of the world?s transportation fuels. In the most promising scenario, most of Latin American countries could implement at least E10. In Africa, ethanol could displace at least 15% of gasoline consumption. Life cycle analysis (LCA) is the method of choice used for sustainability certification. A Biofuture Platform was created to serve as a political and policy forum.

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