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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

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