Launch of Global Biofuels Alliance a key moment in quest for clean energy: PM

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Last Updated12/09/2023

Recently, the Prime Minister of India announced the launch of the Global Biofuels Alliance.
He launched the GBA in the presence of leaders from the US, Brazil, the UAE, Singapore, Italy, Argentina, Bangladesh, and Mauritius.

It is a grouping of more than 30 countries and international institutions.
It is formed to facilitate adoption of biofuels, in order to unlock bioenergy access in emerging economies.
So far, a total of 19 countries and 12 international organisations have agreed to join the GBA.
Seven of the 19 countries are from the G20, four are among the G20 invitee countries, while eight are neither G20 members nor invitees.
In July, consultations about the GBA were held on the sidelines of the G20 energy ministers’ meeting in Goa.
Organisations that have joined the alliance are:
- World Bank
- Asian Development Bank
- World Economic Forum
- International Energy Agency
- International Energy Forum
- International Renewable Energy Agency
- International Civil Aviation Organisation

Due to Climate change and the need to increase the use of alternate fuels that can protect the environment
To work together to achieve the goal of sustainable energy.
It will facilitate mobilizing a virtual marketplace to assist industries, countries, ecosystem players and key stakeholders in mapping demand and supply.
It will also facilitate:
- development, adoption and implementation of internationally recognized standards, codes
- sustainability principles and regulations to incentivize biofuels adoption and trade."
India is the world’s third largest consumer of crude oil.
Thus, increasing the use of biofuels is likely to significantly help in reducing the country’s carbon footprint.

It refer to the renewable fuels derived from biomass, meaning biowaste that comes from agricultural, animal, or industrial production.
These are known to be significantly cleaner than conventional fossil fuels.
The US and Brazil are seen as global leaders in biofuels and account for 52 percent and 30 percent of global ethanol production, respectively.