To strengthen global cooperation for rapid adoption and deployment of biofuels, the Global Biofuels Alliance (GBA) was launched on 9^th September 2023, on the sidelines of the G20 Summit in New Delhi with the support of 19 countries and 12 international organizations.

GBA is a multi-stakeholder alliance of Governments, International Organizations and Industries, bringing together the biggest consumers and producers of biofuels and interested Countries from Global South to drive development and deployment of biofuels. The initiative aims to position biofuels as a key to energy transition. GBA intends to expedite the global uptake of biofuels through facilitating capacity-building, providing technical support for national programs, sharing of best practices and promoting technology advancements, with the participation of a wide spectrum of stakeholders. GBA is also expected to act as a central repository of knowledge and an expert hub.

GBA is expected to provide additional opportunities to Indian industries in the form of exporting technology and equipment,  generating employment and skill development.

This information was given by the THE MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS SHRI RAMESWAR TELI, in a written reply in Rajya Sabha today.

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