ABOUT: Global Biofuel Alliance: One of the priorities under India’s G20 Presidency
India, United States, Brazil to work together towards development of a Global Biofuels Alliance along with other interested countries Aims at facilitating cooperation and intensifying the use of sustainable biofuels, including in the transportation sector.
Brazil, India, and the United States, as leading biofuel producers and consumers, will work together during the next few months towards the development of a Global Biofuels Alliance along with other interested countries. This Alliance will be aimed at facilitating cooperation and intensifying the use of sustainable biofuels, including in the transportation sector. It will place emphasis on strengthening markets, facilitating global biofuels trade, development of concrete policy lesson-sharing and provision of technical support for national biofuels programs worldwide. It will also emphasize the already implemented best practices and success cases.
The Alliance shall work in collaboration with and complement the relevant existing regional and international agencies 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).
The Global Biofuel Alliance is one of the priorities under India’s G20 Presidency and was announced by Shri Hardeep S Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs during India Energy Week 2023.
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‘Field to fuel’: 19 countries join India to launch Global Biofuels Alliance
Brazil, Italy, Kenya and UAE underlined the need for sharing best practices across policy, technology and implementation. The forum also recognized that overcoming challenges such as feedstock management, developing standards and technological innovations will require a collaborative approach and welcomed the initiative by Indian presidency to create the global alliance.
The biofuels initiative is part of ‘Fuels for Future (3F)’ tag for one of the G20 priority areas identified under India’s presidency. The scale of biofuels potential can be judged from International Civil Aviation Organisation estimating that more than 600 billion litres of sustainable aviation fuel is required to replace all fossil fuels, translating into more than $4 trillion investment by 2050.
According to World Biogas Association, only 2% of waste is being recycled currently and absence of recycling to consumable products is contributing to methane emission.
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