To ensure energy security, affordability, and accessibility for the future, the GBA will facilitate global collaboration, supporting the development and deployment of sustainable biofuels. According to G20 Biofuels Study report, biofuels account for 0 to 7 per cent of G20 country’s energy mix. It drives global sustainable biofuel development, aids national programs, shares policy insights, builds capacity, reshapes perception, and boosts global trade. The Global Biofuels Alliance (GBA) announcement was made by Indian Prime Minister Narendra Modi on September 9, 2023, on the sidelines of the G20 Summit held in New Delhi. And 12 international organisations such as World Bank, Asian Development Bank, World Economic Forum, World LPG Organization, UN Energy for All, UNIDO, Biofutures Platform, International Civil Aviation Organization, International Energy Agency, International Energy Forum, International Renewable Energy Agency, World Biogas Association are supporting.

Source: The Hindu September 18, 2023 21:06 UTC