During the 11th Session of the Conference of the Parties of the UN Framework Convention on Climate Change and the First Meeting of Parties of the Kyoto Protocol in Montreal, Canada, in December 2005, UNCTAD convened a high-level side event on the Biofuels Initiative: Moving towards a Sustainable Energy Future.
This event was organized in partnership with various institutions and initiatives such as the United Nations Foundation (UNF), the G8 Global Bioenergy Partnership, the Food and Agriculture Organization (FAO), UNEP-Risoe, and the Global Environment Facility Small Grants Programme, among others.
At the event, UNCTAD presented papers on biofuels (Biofuels: Advantages and Trade Barriers) and a technical paper (An Assessment of Biofuels Industry in India).
These publications aim to assess the potential for greater market penetration of biofuels, including ethanol and biodiesel, and other alternative sources of energy. They address current impediments to greater production, domestic use and trade in biofuels, with particular attention to rural development and energy security, and discuss prospects for the greater use of alternative energy sources that are less carbon-intensive.
In addition, the UNCTAD Secretary General, Dr Supachai Panitchpakdi delivered a video message.