https://sputniknews.in/20230910/whats-global-biofuels-alliance--4174200.html
What's Global BioFuels Alliance?
What's Global BioFuels Alliance?
Sputnik India
India, Brazil, and the USA announced a global biofuel alliance, joined by 19 countries and 12 international organizations on the sideline of the G20.
2023-09-10T19:16+0530
2023-09-10T19:16+0530
2023-09-10T19:16+0530
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India, Brazil, and the US announced a global biofuel alliance, joined by 19 countries and 12 international organizations on the sideline of the G20.The initiating member countries include Argentina, Bangladesh, Italy, Mauritius, South Africa, and the United Arab Emirates–while Canada and Singapore are observing countries.Biofuel or bio energy is generated from organic materials, mostly agriculture waste called biomass, which can reduce emissions and help can help enable countries reach their net-zero carbon emissions.During the India Energy Week 2023 in February, India’s federal minister, Hardeep Singh Puri, unveiled the alliance.India aims to reach net-zero carbon by 2070. India is the world's third-biggest oil importer and consumer, which imports about 85% of its crude needs and is looking forward to boosting its biofuel output capacity.
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global biofuels alliance, what is biofuel alliance, netzero carbon, g-20, g-20 summit, g-20 summit results
global biofuels alliance, what is biofuel alliance, netzero carbon, g-20, g-20 summit, g-20 summit results
What's Global BioFuels Alliance?
Deexa Khanduri
Sputnik correspondent
Prime Minister Narendra Modi on Saturday, with 19 other nations, launched the Global Biofuels Alliance (GBA), which aims to enhance global cooperation in biofuels and intensify their use.
India, Brazil, and the US announced a global biofuel alliance,
joined by 19 countries and 12 international organizations on the
sideline of the G20."The Alliance intends to expedite the global uptake of biofuels through facilitating technology advancements, intensifying utilization of sustainable biofuels, shaping robust standard setting and certification through the participation of a wide spectrum of stakeholders. The alliance will also act as a central repository of knowledge and an expert hub. GBA aims to serve as a catalytic platform, fostering global collaboration for the advancement and widespread adoption of biofuel," reads the press release shared.
The initiating member countries include Argentina, Bangladesh, Italy, Mauritius, South Africa, and the United Arab Emirates–while Canada and Singapore are observing countries.
Biofuel or bio energy is generated from
organic materials, mostly agriculture waste called biomass, which can reduce emissions and help can help enable countries reach their net-zero carbon emissions.
During the India Energy Week 2023 in February, India’s federal minister, Hardeep Singh Puri, unveiled the alliance.
India aims to reach
net-zero carbon by 2070. India is the world's third-biggest oil importer and consumer, which imports about 85% of its crude needs and is looking forward to boosting its biofuel output capacity.
