Global Biofuel Alliance: India’s big multi-billion dollars biofuels’ bet explained – watch video – Times of India
Global Biofuel Alliance: India’s big multi-billion dollars biofuels’ bet explained - watch video Times of India
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Global Biofuel Alliance: India’s Big Multi-Billion Dollars Biofuels Bet Explained
Introduction
The Global Biofuel Alliance (GBA) was recently announced at the G20 Summit. This initiative by India aims to expedite the uptake of biofuels globally by facilitating technology advancements and intensifying the utilization of sustainable biofuels.
Announcement and Participants
The alliance was announced by PM Modi along with the leaders of the United States, Brazil, Singapore, Italy, Bangladesh, Argentina, UAE, and Mauritius.
Significance of the Global Biofuel Alliance
The Global Biofuel Alliance holds significant importance in promoting sustainable development goals (SDGs) related to renewable energy and climate action. It provides an opportunity for India and participating countries to play a pioneering role in biofuels production and adoption worldwide.
Opportunities in the Biofuels Sector
Gaurav Kedia, Chairman of the Indian Biogas Association (IBA), highlights the potential opportunities worth $500 billion for India and the participating countries in the biofuels sector.
Industries Benefiting from Biofuels
According to Kedia, various industries are likely to benefit from biofuels, including job creation, research and development, and direct and indirect job opportunities.
Reduction in Greenhouse Gas Emissions
Biofuels have the potential to significantly reduce greenhouse gas emissions. The adoption of biofuels can contribute to achieving SDG 13: Climate Action.
India’s Leadership Role
Kedia emphasizes the importance of India taking the lead in the biofuels sector. He believes that India can not only be a rule taker but also a rule maker in this field.
Policy Measures and Challenges
Kedia discusses the policy measures implemented by the central and state governments to incentivize biofuels production. However, he also acknowledges that there are still some challenges that need to be addressed.
SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase substantially the share of renewable energy in the global energy mix | Not mentioned in the article |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes | Not mentioned in the article |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning | Reduction in greenhouse gas emissions |
| SDG 17: Partnerships for the Goals | 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources | Global Biofuel Alliance as a partnership initiative |
1. Which SDGs are addressed or connected to the issues highlighted in the article?
SDG 7: Affordable and Clean Energy
The article discusses the Global Biofuel Alliance’s aim to expedite the uptake of biofuels globally. Biofuels are a form of renewable energy, which aligns with SDG 7’s goal of increasing the share of renewable energy in the global energy mix.
SDG 9: Industry, Innovation, and Infrastructure
The article mentions the opportunities worth $500 billion for India and participating countries in the biofuels sector. This highlights the potential for industry growth and innovation in the production and adoption of biofuels, connecting to SDG 9’s focus on sustainable infrastructure and technologies.
SDG 13: Climate Action
The article emphasizes the impact of biofuels on reducing greenhouse gas emissions. This aligns with SDG 13’s objective of integrating climate change measures into national policies and strategies.
SDG 17: Partnerships for the Goals
The article announces the Global Biofuel Alliance as an initiative by India, involving partnerships with various countries. This connects to SDG 17’s emphasis on enhancing global partnerships for sustainable development.
2. What specific targets under those SDGs can be identified based on the article’s content?
Target 7.2: Increase substantially the share of renewable energy in the global energy mix
The article highlights the aim of the Global Biofuel Alliance to expedite the uptake of biofuels globally. This aligns with the target of increasing the share of renewable energy, specifically biofuels, in the global energy mix.
Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes
The article mentions the opportunities for industry growth and job creation in the biofuels sector. This connects to the target of upgrading infrastructure and industries to make them sustainable, with a focus on clean and environmentally sound technologies and processes.
Target 13.2: Integrate climate change measures into national policies, strategies, and planning
The article emphasizes the impact of biofuels on reducing greenhouse gas emissions. This aligns with the target of integrating climate change measures into national policies, strategies, and planning.
Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources
The article announces the Global Biofuel Alliance as a partnership initiative involving multiple countries. This connects to the target of enhancing global partnerships for sustainable development.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
The article mentions the reduction in greenhouse gas emissions as an impact of biofuels. This can be used as an indicator to measure progress towards Target 13.2 of integrating climate change measures into national policies, strategies, and planning.
The article also mentions the Global Biofuel Alliance as a partnership initiative. This can be used as an indicator to measure progress towards Target 17.16 of enhancing global partnerships for sustainable development.
Overall, the article does not provide specific indicators for measuring progress towards Targets 7.2 and 9.4.
4. SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase substantially the share of renewable energy in the global energy mix | Not mentioned in the article |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes | Not mentioned in the article |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning | Reduction in greenhouse gas emissions |
| SDG 17: Partnerships for the Goals | 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources | Global Biofuel Alliance as a partnership initiative |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: m.timesofindia.com
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