A Global Biofuels Alliance might be launched on July 22 during the upcoming G20 Clean Energy Ministerial meeting in Goa.
Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri shared details on the issue and tweeted: " As a landmark initiative during India’s G20 Presidency under the leadership of PM Sh @narendramodi Ji, Global Biofuels Alliance will be opened for signature on 22 July 2023 in Goa."
"Brazil, India, and the United States, as leading biofuel producers and consumers, will work together during the next few months towards the development of a Global Biofuels Alliance along with other interested countries," the Indian government earlier said in a statement.
What is the aim of the alliance?
This Alliance will be aimed at facilitating cooperation and intensifying the use of sustainable biofuels, including in the transportation sector.
It will place emphasis on strengthening markets, facilitating global biofuels trade, development of concrete policy lesson-sharing and provision of technical support for national biofuels programs worldwide.
It will also emphasize the already implemented best practices and success cases.
The Alliance shall work in collaboration with (and complement) the relevant existing regional and international agencies as well as initiatives in the bioenergy, bioeconomy, and energy transition fields more broadly, including the Clean Energy Ministerial Biofuture Platform, the Mission Innovation Bioenergy initiatives, and the Global Bioenergy Partnership (GBEP).