Global Biofuel Alliance

·   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.

·      Under the leadership of India during its G20 Presidency and with the support of Brazil and the United States, the alliance will focus on fostering international collaboration and cooperation to encourage the widespread acceptance and utilisation of biofuels. 

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).

·     The establishment of the GBA could assist India in achieving greater energy independence and reduce its reliance on foreign oil by promoting the increased utilisation of biofuels.The transfer of technologies and mobilisation of international climate funds through this alliance will definitely help India to move faster in the compressed biogas sector