India invites Global South to join biofuel alliance

economictimes.indiatimes.com:

India on Friday invited Global South to join the recently launched Global Biofuels Alliance, saying it is willing to share its expertise with developing and less developed nations. A global alliance for promoting biofuels was launched at the Group of 20 leaders meeting in September with a view to reducing emissions in the transportation and industrial sectors.

The Global Biofuel Alliance, which includes top producers Brazil and the US, will help build the worldwide market for trade in biofuel, which is obtained from biomass.
Speaking at the 2nd Voice of Global South Summit, Oil Minister Hardeep Singh Puri said India achieved the target of mixing 10 per cent ethanol in petrol in May 2022, five months ahead of the deadline, and has advanced the deadline for doping 20 per cent ethanol in petrol by five years to 2025.

Turning biomass into fuel helped the world's third largest energy consumer provide an additional source of income for farmers as well as cut emissions.
«The Global Biofuels Alliance is a multi-stakeholder alliance of governments, international organisations and industries which is intended to expedite global uptake of biofuels.

The alliance presently has 22 member countries and 12 international organisations and is continuously expanding. I invite countries of the Global South, those who have already not joined the GBA, to join us where we can collaborate further towards a cleaner and greener future,» Puri said.