IEA launched the report “Biofuel Policy in Brazil, India and the United States – Insights for the Global Biofuel Alliance”, developed in collaboration with Biofuture Platform.
Paolo Frankl, Head of the Renewable Energy Division at the IEA, presented key findings from the report at a special meeting of government ministers convened at the G20 Energy Transitions Ministerial Meeting, which identified Fuels For the Future as a priority area.
The event in Goa, India, on 22 July was opened by India’s Minister for Petroleum and Natural Gas Hardeep Singh Puri. More than a dozen energy ministers participated, with representation from Argentina, Bangladesh, Brazil, Canada, India, Italy, Kenya, Mauritius, Paraguay, Seychelles, the United Arab Emirates, Uganda and the United States. The heads of nine international organisations also took part in the event.
The new IEA report is aimed at guiding the Alliance’s efforts to expand biofuel adoption. It suggests that countries can expand sustainable biofuel production and usage by designing long-term strategies, fostering investment, supporting innovation, securing affordable supplies, addressing sustainability concerns promptly, and encouraging international collaboration.
The report outlines three priority areas for the Global Biofuel Alliance to facilitate sustainable deployment in support of the global energy transition:
1. Identifying and helping develop markets with high potential for sustainable biofuels production
2. Accelerating technology deployment
3. Seeking consensus on performance-based sustainability assessments and frameworks
