Sign In
Learn bits
Ecology & Environment
Mahesh

10/09/23 12:53 PM IST

Global Biofuel Alliance (GBA)

In News
  • Prime Minister Shri Narendra Modi along with the leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE, launched the Global Biofuel Alliance on 9 September 2023, on the sidelines of the G20 Summit in New Delhi.
About GBA
  • Originally announced by Hardeep S Puri, minister of petroleum & natural gas and housing & urban affairs, during India Energy Week 2023, GBA was one of India's priorities at the G20 Summit.
  • The main aim of GBA is to accelerate the transition to sustainable biofuels and reduce the world's dependence on traditional fossil fuels.
  • India sees this alliance as a means to advance energy transition in developing countries and promote a circular economy.
  • This alliance will aim to facilitate cooperation and intensify the use of sustainable biofuels, including in the transportation sector.
  • It places emphasis on strengthening markets, facilitating global biofuels trade, developing concrete policy lesson-sharing and providing technical support for national biofuels programmes worldwide.
  • It will also emphasise the already implemented best practices and success cases.
  • The alliance will 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.
  • This includes the Clean Energy Ministerial Biofuture Platform, the Mission Innovation Bioenergy initiatives and the Global Bioenergy Partnership (GBEP).
  • GBA is similar to the International Solar Alliance (ISA) piloted by New Delhi and Paris in 2015 to bring clean and affordable solar energy within the reach of all.
  • GBA also aligns with India's goal of transitioning to alternative fuels and achieving net-zero carbon emissions by 2070.
About Biofuels
  • Biofuels are renewable energy fuels derived from biomass like crop stubble, plant waste and municipal solid waste.
  • India, which is a major oil importer, is currently working on building its capacity to produce biofuels, particularly from sugarcane and agricultural waste.
  • India also aims to increase the blending of ethanol in petrol to 20 per cent by 2025. It is also establishing compressed biogas (CBG) plants.
Source- PIB

More Related Current Affairs View All

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

05 Mar

Arresting women at night

'The Madurai Bench of the Madras High Court in Deepa versus S. Vijayalakshmi and Others ruled that the legal provision in the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, which

Read More

05 Mar

Digital Personal Data Protection Act, 2023

'The Ministry of Electronics and Information Technology (MeitY) looking to wrap up public consultations on the draft Rules for the Digital Personal Data Protection Act, 2023 by Mar

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps