| Event | India signs Host Country Agreement (HCA) with Global Biofuels Alliance (GBA) |
| Date of Agreement | November 8, 2024 |
| Signatories | - Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs |
| - Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas |
| Establishment of Secretariat | GBA Secretariat to be set up in India, staffed by Indian and international personnel |
| Legal Status | Grants GBA legal status, privileges, and immunities under UN (Privileges and Immunities) Act, 1947 |
| Launch of GBA | Launched on September 9, 2023, during India's G20 Presidency |
| Founding Members | Argentina, Bangladesh, Brazil, Italy, Mauritius, Singapore, UAE, USA, and India |
| Current Membership | 27 countries and 12 international organizations |
| Objective | Promote global biofuel usage, address challenges like feedstock availability, attract investments, and set common technical standards |
| Opportunities for India | Job creation for Indian biofuel experts, platform for private sector innovations |
| Alignment with India's Vision | Supports "Atma Nirbhar Bharat" (self-reliant India) and global sustainable energy efforts |
| Definition of Biofuel | Fuel produced from biomass in a short time span, unlike fossil fuels |
| Generations of Biofuel | - First generation: Sugar, starch, vegetable oil, animal fats |
| - Second generation: Non-food crops, waste biomass |
| - Third generation: Micro-organisms like algae |
| - Fourth generation: Sustainable energy with CO2 capture and storage |
| Significance of GBA | Strengthen markets, facilitate biofuel trade, provide technical support, and develop international standards |
