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Ethanol (Representative Image)
India, Brazil and the United States, as leading biofuel producers and consumers in the world, will work together during the next few months towards the development of a Global Biofuels Alliance along with other interested countries, an official release said on Saturday (11 February).
The Global Biofuel Alliance is one of the priorities under India’s G20 Presidency and was announced by India's Petroleum and Natural Gas Minister Hardeep Sing Puri during India Energy Week 2023.
The aim of this Alliance is to encourage cooperation and promote the use of sustainable biofuels, including in the transportation industry.
The focus of the alliance will be on strengthening markets, facilitating global biofuels trade, development of concrete policy lesson-sharing and provision of technical support for national biofuels programs worldwide, the Ministry of Petroleum and Natural Gas said in a release.
The Alliance will also emphasise the already implemented best practices and success cases, the ministry said.
The Global Biofuel Alliance will collaborate with and complement existing regional and international organisations as well as initiatives in the bioenergy, bioeconomy, and energy transition fields more broadly, including the Clean Energy Ministerial Biofuture Platform, the Mission Innovation Bioenergy initiatives, and the Global Bioenergy Partnership (GBEP).
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