Biotech Updates

Latin American Countries Commit to Advancing Biofuels

August 10, 2016
http://www.biodisol.com/biocombustibles/latinoamericanos-comprometidos-a-impulsar-los-biocombustibles-biodiesel/

Twenty Latin American countries have pledged to continue "promoting" the development of biofuels, with support from multilateral financial institutions, during The Latin American seminar of Biofuels in San Salvador.

The forum, which closed last August 5, 2016, was organized by Latin American Energy Organization (OLADE) and the Inter-American Institute for Cooperation on Agriculture (IICA). Participating countries include Brazil, Colombia, Chile, Venezuela, Peru, Argentina, Bolivia, Mexico, Cuba, the six Central American countries, Dominican Republic, Jamaica and other Caribbean nations.

"There is a belief by the countries where it is increasingly necessary to promote the development of biofuels, it is a reality we can not look away and is fortunately gaining more support among those who need biofuels and as well as those institutions can support funds for their development, "said Alvaro Rios, secretary of OLADE.

The Inter American Development Bank (IDB) is also set to announce a program called "Green Energy" for the development of private business initiatives for ​​renewable energies in Latin America.