Global Biofuel Alliance: India takes a leadership role
Global Biofuel Alliance. In this editorial, we will dig into this agreement and find out how India benefits from this. Read on… Biofuels are fuels from biomass such as animals, plants and algae.
These are ethanol biodiesel, green diesel, and biogas. These are among the many renewable energy sources available to the world. This alliance brings together biofuel producers and consumers to strengthen trade and help nations meet their emission reduction targets and enable their energy transition away from fossil fuels.
It’s goals include ensuring energy security, affordability, and access to cleaner fuels. It will also help to raise awareness about the role biofuels plays in reducing greenhouse gas emissions. The alliance will work to achieve these goals by facilitating global collaboration as well as helping the development of biofuels in member countries.
The alliance will also act as a central repository of knowledge and an expert hub. The Global Biofuels Alliance is an initiative of the G20, specifically 7 member nations – Argentina, Brazil, Canada, India, Italy, South Africa, and the USA. There are 8 other nations supporting this initiative – Sri Lanka, Kenya, Paraguay, Seychelles, Uganda, Iceland, Finland, and Guyana.
Read more on livemint.com
