IEA Commentary – Biofuels in the time of Covid-19: Staying the course on clean transport fuels in Latin America

May 2020

Modern bioenergy is an often-overlooked giant among renewable energy sources, accounting for half of the world’s renewable energy consumption. Biofuels are by far the largest source of clean transport fuels, with almost a quarter of the demand coming from Latin America. Biofuels have numerous benefits for the region, from ensuring energy security to lowering emissions and creating jobs in rural areas. Therefore, it is essential to understand the impact of the Covid-19 crisis on this key sector for Latin America’s clean energy transitions.