Innovation roadmap of the mission integrated bio-refineries

Share with Your Friends

Innovation roadmap of the mission integrated bio-refineries

Recently India has announced the launch of “Innovation Roadmap of the Mission Integrated Bio-refineries” (IRMIB) at the Global Clean Energy Action Forum.

IRMIB has been developed co-led by Brazil, Canada, the United Kingdom and the European Commission.

IRMIB aims to fill the vacancy through the following:

  • By identifying the gaps and challenges in the existing bio-refining value chain,
  • By prioritizing eight key tasks to support the mission,
  • By guiding its overall path in achieving the mission’s goals.

Mission Integrated Bio-refineries (MIB) is the 7th mission under Mission Innovation (MI). It was launched in April 2022. MI is a global initiative to make clean energy affordable, attractive, and accessible to all. To achieve this goal, a decadal plan to encourage action and investment in Research, Development, and Demonstration (RD&D) has been drawn up.

The MIB consists of 22 countries and the European Union. India is its founding member. MIB aims to promote greater international cooperation and funding for RD&D in the energy sector during the next five years.

Objective: It aims to develop and showcase innovative solutions to accelerate the commercialization of integrated bio-refineries.

Target: To increase the use of bio-alternatives in place of fossil-based fuels, chemicals, and materials by 10% by 2030.

Benefits of MIB-

  • Fills the gap by identifying the gaps and challenges in the current bio-refining value chain.
  • Provides a strategy framework to policy makers to establish an emerging RD&D portfolio.
  • Offers exclusive financing proposals across the full range of critical bio-refinery technologies.
  • Helps in efficient cycle of public and private investment.

Source- The Hindu

Download Our App

More Current Affairs

Click to Join Our Current Affairs WhatsApp Group

Join Our Whatsapp Group For Daily, Weekly, Monthly Current Affairs Compilation & Daily Mains Answer Writing Test & Current Affairs MCQ

In Our Current Affairs WhatsApp Group you will get daily Mains Answer Writing Question PDF and Word File, Daily Current Affairs PDF and So Much More in Free So Join Now

Register For Latest Notification

Register Yourself For Latest Current Affairs

November 2022
M T W T F S S
« Oct    
 123456
78910111213
14151617181920
21222324252627
282930  

Mains Answer Writing Practice

Recent Current Affairs (English)

Current Affairs (हिन्दी)

Subscribe Our Youtube Channel

Register now

Get Free Counselling Session with mentor

Download App

Get Youth Pathshala App For Free

Open chat
1
Youth Destination IAS . PCS
To get access
- NCERT Classes
- Current Affairs Magazine
- IAS Booklet
- Complete syllabus analysis
- Demo classes
https://online.youthdestination.in/