Developing a robust biofuels industry

As global efforts increase to combat climate change and secure sustainable energy sources, biofuels have emerged as a critical factor in the energy transition.
For Nepal, a nation heavily reliant on imported fossil fuels, adopting biofuels is not just an environmental requirement, but it is an economic imperative. The Nepalese government is now prioritising the development of a robust biofuel industry, leveraging international collaborations like the Global Biofuel Alliance (GBA) to accelerate this transition and secure a sustainable energy future.

The case for biofuels in Nepal

Nepal’s energy sector is characterised by a heavy dependence on fossil fuels, which accounts for a significant portion of the country’s energy consumption. This reliance burdens the nation’s foreign exchange reserves and exposes the economy to the volatility of global oil markets.
Developing a domestic biofuel industry will be a game-changer in a country where energy security is risky. By reducing dependence on imported fuels, biofuels can enhance national energy security, stabilise the economy and insulate it from the shocks of global...