Brazil eyes potential biofuel production collaboration with ASEAN – Lula

KUALA LUMPUR – Brazil is eyeing a potential collaboration with ASEAN to boost biofuel production, aiming to reduce reliance on other energy-producing countries and accelerate decarbonisation efforts, according to President Luiz Inácio Lula da Silva.

He said biofuels represent a cost-effective and rapidly deployable solution for decarbonising a wide range of sectors from light vehicles to aviation and maritime transport, and has the potential to reduce emissions makes them a key component of the global clean energy transition.

“(The potential) for expanding (collaboration with) Southeast Asia is immense. Together, we can create global biofuel markets based on sustainability parameters developed by the Global South instead of standards imposed by richer countries,” he said.

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