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Consider the following statements with reference to the Global Biofuel Alliance (GBA):
1. It is a multi-stakeholder alliance of Governments, International Organizations and Industries.
2. It is an initiative by the United Nations to position biofuels as a key to the energy transition.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements with reference to the Global Biofuel...
The Global Biofuel Alliance (GBA) has adopted a work plan focused on assessing country landscapes, drafting policy frameworks, and conducting biofuel workshops, petroleum and natural gas ministry officials said recently.
About Global Biofuel Alliance (GBA):
- GBA is a multi-stakeholder alliance of Governments, International Organizations, and Industries.
- It is an initiative by India, bringing together the biggest consumers and producers of biofuels to drive the development and deployment of biofuels.
- It was launched on the sidelines of the 2023 G20 summit in New Delhi.
- The initiative aims to position biofuels as a key to the energy transition and contribute to jobs and economic growth.
- Significance of the alliance:
- It will place emphasis on strengthening markets, facilitating global biofuels trade, developing concrete policy lesson-sharing and providing technical support for national biofuels programs worldwide.
- It intends to expedite the global uptake of biofuels through facilitating capacity-building exercises across the value chain, technology advancements, and intensifying the utilization of sustainable biofuels through the participation of a wide spectrum of stakeholders.
- GBA will facilitate the development, adoption, and implementation of internationally recognized standards, codes, sustainability principles, and regulations to incentivize biofuel adoption and trade.
- The alliance will also act as a central repository of knowledge and an expert hub.
- 24 countries and 12 international organizations have already agreed to join the alliance.
Hence only statement 1 is correct.
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Consider the following statements with reference to the Global Biofuel...
Understanding the Global Biofuel Alliance (GBA)
The Global Biofuel Alliance (GBA) is an initiative aimed at promoting biofuels as a sustainable energy source. Let's break down the statements provided:
Statement 1: Multi-Stakeholder Alliance
- The GBA indeed is a multi-stakeholder alliance.
- It comprises various stakeholders, including governments, international organizations, and industries.
- This collaborative approach is essential for addressing the complexities of biofuel development and deployment globally.
Statement 2: Initiative by the United Nations
- This statement is incorrect. The GBA is not directly initiated by the United Nations.
- While it aligns with global goals regarding renewable energy, its formation is primarily driven by countries and organizations interested in biofuels, rather than being a UN-led initiative.
Conclusion: Correct Answer
- Given the analysis above, only the first statement is correct.
- Therefore, the correct answer is option 'A': 1 only.
In summary, the Global Biofuel Alliance serves as a cooperative platform among various stakeholders focused on advancing biofuels, but it is not a UN initiative. This distinction is crucial for understanding the GBA's role in the global energy transition.
The Global Biofuel Alliance (GBA) is an initiative aimed at promoting biofuels as a sustainable energy source. Let's break down the statements provided:
Statement 1: Multi-Stakeholder Alliance
- The GBA indeed is a multi-stakeholder alliance.
- It comprises various stakeholders, including governments, international organizations, and industries.
- This collaborative approach is essential for addressing the complexities of biofuel development and deployment globally.
Statement 2: Initiative by the United Nations
- This statement is incorrect. The GBA is not directly initiated by the United Nations.
- While it aligns with global goals regarding renewable energy, its formation is primarily driven by countries and organizations interested in biofuels, rather than being a UN-led initiative.
Conclusion: Correct Answer
- Given the analysis above, only the first statement is correct.
- Therefore, the correct answer is option 'A': 1 only.
In summary, the Global Biofuel Alliance serves as a cooperative platform among various stakeholders focused on advancing biofuels, but it is not a UN initiative. This distinction is crucial for understanding the GBA's role in the global energy transition.
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Consider the following statements with reference to the Global Biofuel Alliance (GBA):1. It is a multi-stakeholder alliance of Governments, International Organizations and Industries.2. It isan initiative by the United Nations to position biofuels as a key to the energy transition.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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