India on Saturday launched the Global Biofuel Alliance and urged G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20% or alternatively work on another blending mix for the greater global good, thus contributing to climate security.
Speaking at the G20 Summit session on 'One Earth', Prime Minister Narendra Modi also proposed to launch the 'G20 Satellite Mission for Environment and Climate Observation' and urged leaders to start working on 'Green Credit Initiative'.
"Today, the need of the hour is that all countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20 per cent," he said.
"Or alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security," Modi said at the session attended by US President Joe Biden, Saudi Arabia Crown Prince Mohammed bin Salman, U.K. Prime Minister Rishi Sunak among others.
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, too witnessed the launch of the Global Biofuels Alliance at the G20 Summit in New Delhi, reported Wam.
The GBA is led by India and includes the UAE and several other countries. It aims to develop and promote the use of sustainable biofuels, which are fuels produced from biological sources such as plants and animals. Biofuels can help reduce greenhouse gas emissions and contribute to efforts to achieve net zero emissions.
Sheikh Abdullah praised the launch of the GBA, calling it a "pioneering global initiative" that will support global efforts to promote clean energy and combat climate change. He also thanked India for its leading role in the G20 and its commitment to sustainable development.
The UAE top diplomat added that the UAE has always been committed to supporting India's presidency of the G20, noting that the two countries are bound by long-standing relations, and their strategic partnership has helped them achieve many development goals.