According to a study by the United Nations Economic Commission for Latin America and the Caribbean, Brazil, Argentina, and Colombia are among the top countries in Latin America for biofuel development and are among the few Latin American countries that have entered the world as major producers of fuel ethanol and biodiesel.
Since 2000, the global biofuel production has increased at an average annual growth rate of 10%. In 2009, the total output reached 90.187 billion liters. Of these, 82% are fuel ethanol and 18% are biodiesel. In terms of fuel ethanol production, Brazil’s production is second only to the United States in the world, accounting for 33.2% of the world’s total production. Colombia ranks tenth and production accounts for 0.4% of total production. In terms of biodiesel production, Argentina’s output ranks second in the world, accounting for 14.3% of total production. Brazil ranks fifth, accounting for 9.7% of total production.
According to the report, most countries in the world, including countries in Latin America and the Caribbean, have certain policies and mechanisms to promote the development of the biofuel industry. However, governments of all countries should have potential for development before they begin to produce biofuels. The influential links between environmental and social impacts and food safety are thoroughly analyzed.
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