Launch of Global Biofuels Alliance
10-09-2023
By Admin
CURRENT AFFAIRS FOR 10TH SEPTEMBER, 2023
Launch of Global Biofuels Alliance
- India launched the Global Biofuels Alliance with Prime Minister Modi urging G-20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20%.
- The Alliance was launched by Mr. Modi along with a host of global leaders including U.S. President Biden, Brazilian President Lula da Silva, Bangladesh Prime Minister Sheikh Hasina and Italian Prime Minister Giorgia Meloni on the sidelines of the G-20 summit.
- The initiating members include: India, Argentina, Bangladesh, Brazil, Italy, Mauritius, South Africa, the UAE, and U.S., while Canada and Singapore are observer countries.
- While speaking at the G20 session on 'One Earth', Mr. Modi also proposed launching the G-20 Satellite Mission for Environment and Climate Observation and urged leaders to commence work on the Green Credit Initiative.
- The Global Biofuels Alliance is focused on securing the supply of biofuels, ensuring these remain affordable and are produced sustainably.