According to foreign reports, 23 countries led by the United States and China have reached consensus on the first guidelines for biofuel production (such as the extraction of palm oil that can be used as food, soap, fuel, etc.).

The UN’s Global Bioenergy Partnership (GBEP) announced on May 24 a non-mandatory policy that countries must not influence climate change and food prices when producing or using biomass or biofuels. It is reported that the GBEP was established in 2005 and consists of eight countries and five groups of emerging economies, as well as 13 international organizations and institutions.

As consumers and businesses have increased their use of palm oil in the fields of cooking, detergents, cosmetics, and biodiesel products, palm oil climbed to the highest point in nearly three years in February this year. Corrado Clini, director of GBEP** and the Italian environment-territory and ocean, said that with the successive years of global destruction of tropical rain forests, it will intensify the global warming trend. We need to grow more palm oil trees and store carbon dioxide.

"Biofuels investment will account for 25% of total investment in the next 30 years," Clini said in an interview with the media. "Environmental certification of biofuels will be very important to promote the entry of biofuels into the market."

Biomass energy is a renewable energy source, such as wood, crops, fertilizers or garbage, which can be converted into biofuels in a certain way.

The GBEP will evaluate the sustainable development of biofuels from 24 indicators, such as greenhouse gas emissions, biodiversity, domestic food supply and prices, energy access, economic development and energy security. According to the statement, this indicator is not a limitation and does not constitute a standard.

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