The United Nations (UN) recently announced the launch of the International Biofuels Forum, a project aimed at promoting the sustained use and production of biofuels on an international scale. Initiated by Brazil, the European Union, the United States, India and China, the project is expected to “help countries with agricultural potential to become major suppliers of alternative fuels”. The forum, according to the UN, would contribute toward the creation of an “alternative fuels market” which will bring economic, social and environmental benefits for both developed and developing countries. The forum will also have regular meetings, to “help set industry standards, and eventually work toward the commodization of biofuels”..