Today's launch of the International Biofuels Forum would contribute to creating a world market for alternative fuels, resulting in economic, social and environmental benefits for developed and developing countries.
The forum, a joint project of Brazil, China, India, South Africa, the United States and the European Commission, would initially be established for one year and meet regularly to discuss ways to promote the sustained use and production of biofuels around the globe.
http://www.un.org/News/briefings/docs/2007/070302_Biofuels.doc.htm