The Biofuels Trade Challenge

As output of biofuels increases in response to concerns about climate change, policymakers must ensure that global supplies are allocated effectively and smoothly between countries that produce and consume them. That means eliminating the significant trade barriers that are often placed on them.

There is rightly growing concern among the public and policymakers about climate change and its consequences. Combating climate change is an enormous and truly global challenge, requiring local, national, and international action. We must tackle it both effectively and urgently.
A key part of meeting our climate objectives is to minimize the harmful effects of transport on the environment. So-called “biofuels,” such as bioethanol and biodiesel, as well as developing the next generation of biofuels, must play a part in this. After all, every liter of petrol that is replaced with a biofuel benefits the environment.