Biofuels got a big boost and biotech collaboration moved forward as world leaders met at this weekend’s G20 summit in New Delhi, India.
A win for biofuels: India on Saturday announced the launch of the Global Biofuel Alliance. Founded with the United States and Brazil, the Alliance seeks to share best practices, provide technical support, and build capacity to create new markets for sustainable biofuels.
India bets on biofuels: India’s climate targets include carbon neutrality by 2070, having 20% of the country’s gasoline blended with ethanol by 2025, and building 12 biorefineries, Reuters reported.
A positive step for collaboration: The U.S. National Science Foundation and India’s Department of Biotechnology signed an agreement “to enable scientific and technological research collaborations in biotechnology and biomanufacturing innovations,” the White House said.
Mixed results on fossil fuels: Efforts to agree on phasing out fossil fuels, particularly coal at power plants, were unsuccessful—though G20 leaders did endorse tripling global renewable energy capacity and agreed emissions should peak by 2025, AP reported.
What’s next: International collaboration on climate continues Nov. 30-Dec. 12 at COP 28 in the United Arab Emirates. UAE (the host) joined the Global Biofuel Alliance in July and more support for this and other biotech climate initiatives can be expected in November. "COP 28 will present opportunities to commit to the adoption of biotech solutions to the earth's climate challenges, including biofuels, biomanufacturing and biotech agricultural traits that help us feed a growing world," said Nancy Travis, BIO Vice President for International Affairs. "BIO looks forward to the important deliberations in November, and we hope for concrete outcomes to advance climate-tech."