With reference to the Global Biofuels Alliance (GBA), an international multilateral initiative, consider the following statements:
1. The alliance was jointly launched by India, the United States, and Brazil on the sidelines of the 18th G20 Summit in New Delhi.
2. The three primary initiating member countries collectively account for over 80 percent of global ethanol production.
3. The alliance operates as a specialized administrative organ under the International Renewable Energy Agency (IRENA) with its permanent secretariat located in Vienna.
Which of the statements given above are correct?
- Statements 1 and 2 onlyAnswer
- BStatements 2 and 3 only
- CStatements 1 and 3 only
- DStatements 1, 2, and 3
Answer
Statements 1 and 2 only are correct.
The choice selecting 'Statements 1 and 2 only' is correct. The Global Biofuels Alliance was launched during the G20 Leaders' Summit in New Delhi in September 2023 by India, the US, and Brazil. The three founding leaders dominate global biofuel production, accounting for over 85% of world ethanol output. The alliance is an independent initiative rather than an organ under IRENA, and IRENA itself is headquartered in Abu Dhabi, making the third statement false.
Step-by-Step Solution
Key Concept
Global Biofuels Alliance (GBA) founding context, market share metrics, and institutional governance