A lignin dispersion composition comprising spherical lignin particles dispersed in an aqueous medium, wherein the spherical lignin particles have a size exclusively within a range of 100 nm to 5 microns. Also described herein is a method of producing the lignin dispersion, by: (i) dissolving lignin in an organic solvent substantially devoid of water yet miscible with water to result in a solution of the lignin in the organic solvent; and (ii) producing the lignin dispersion by dialyzing the solution of the lignin with water until substantially all of the organic solvent is replaced with water with simultaneous formation of spherical lignin particles dispersed in the water. Also described herein is a method for stabilizing an emulsion by intimately mixing the emulsion with the lignin dispersion. Also described herein is a hierarchical assembly of porous microparticles produced by mixing the lignin dispersion with an emulsion and an amphiphilic block copolymer.