OBJECTIVES OF GLOBAL BIOFUEL ALLIANCE:
- Foster international collaboration and cooperation to promote the adoption and utilization of biofuels on a global scale.
- Establish robust markets for biofuels and facilitate international trade in biofuels.
- Promote the widespread use of sustainable biofuels within the transportation sector.
- Provide policy guidance and technical support to assist national biofuels programs worldwide, promoting knowledge sharing and capacity building.
- Highlight and build upon the successful best practices and case studies already implemented in biofuels.
- Complement and collaborate with relevant existing regional and international agencies and initiatives focused on bioenergy, the bioeconomy, and energy transition, further enhancing global efforts in these areas.
SIGNIFICANCE FOR INDIA:
- Increased Technology Transfers: GBA allows India to access advanced technologies and international climate funds.
- Higher Blending of Petrol with Ethanol: India’s goal of achieving E-20 (20% ethanol blending with petrol) by 2025-26 can benefit from insights and experiences shared by countries like Brazil, which have achieved higher ethanol blending levels (E-85).
- Flex Fuel Vehicle Introduction: India can utilise GBA to collaborate with Brazil in adopting flex fuel vehicle technologies. These vehicles can use a wide range of fuel blends, reducing emissions and curbing India’s crude oil import bills.
- Global Climate Action: By being a part of GBA, India positions itself at the forefront of global climate action. It strengthens India’s role in combating climate change and demonstrates its commitment to sustainability.
This article is about Global Biofuel Alliance and Rishabh wrote this article under the guidance of our highly qualified mentor Prateek Tripathi. The article focuses on the global collaboration on biofuel utilization and aiming for net zero emission.
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