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On January 5, 2024, The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy authorized for the first time the commercialization of four genetically modified (GM) yeasts to enhance bioethanol production through grain fermentation. Industry supports this decision and expects it to help pave the way for a cleaner and more sustainable future in fuels.

India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.

Colombia recently increased their biofuel blend mandate to 10 percent for most of the country.

On June 14, 2018, an agreement on the successor to the Renewable Energy Directive (RED) was reached for 2021-2030.

The development of the biofuels sector remains a low priority for the Russian government whose agricultural programs are largely focused on “import substitution” and export support programs.