• Thursday, June 20, 2024

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Delhi G20: Modi announces Global Biofuels Alliance launch

Indian PM 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’.

Indian prime minister Narendra Modi launches Global Biofuel Alliance with a number of leaders at the G20 summit in New Delhi on Saturday, September 9, 2023. (Picture: X/@MEAIndia)

By: India Weekly Staff

INDIA on Saturday (9) announced the launch of the Global Biofuels Alliance and urged G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent.

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 and prime minister Mohammed bin Salman, UK prime minister Rishi Sunak among others.

(PTI)

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