Liquid biofuels have been the subject of much debate about their potential to reduce greenhouse gas emissions through their substitution for fossil fuels. The motivation for countries to consider using liquid biofuels for transport is primarily the desire to reduce GHG emissions and also to reduce dependency on imported fossil fuels. Liquid biofuels need to be placed in the much larger context of bioenergy, and the modernization of traditional biomass use which, for example, must consider questions of ecosystem resilience, food security and sustainable markets. This report examines GHG emission reductions and other environmental benefits of biofuels, as well as to evaluate the potential impact of biofuels on biodiversity, land degradation, water and food production, job creation, and to provide guidance to the GEF in this area. A workshop of experts and practitioners was organized by STAP from August 29 – September 1, 2005 in New Delhi. The present document contains the conclusions reached by the Panel, and the recommendations to the GEF. The conclusions are largely based on the background papers, the expert workshop organized by STAP, and subsequent discussions between STAP members involved in the activity.

By: GEF-STAP

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