World leaders have launched the Global Biofuels Alliance (GBA) on the sidelines of the G20 summit in New Delhi, India, Ethanol Producer reported.

Initiated by India as the G20 chair, the country’s Prime Minister Shri Narendra Modi joined the leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and United Arab Emirates (UAE) at the GBA’s launch on 9 September 2023.

Leaders from Bangladesh and Singapore also attended the launch as observer countries to the alliance, the 19 September report said.

One of the aims of the initiative is to increase the global uptake of biofuels by facilitating technological advances, according to a statement published by the G20 Summit.

A White House statement said the alliance would focus on securing the supply of biofuels while ensuring biofuels remained affordable and were produced sustainably.

Founding members of the alliance will continue working with other countries committed to these shared values with the goal of more members joining the alliance, according to the statement.