Economic Growth
Increasing sugarcane production and processing would not only enhance energy security and improve the environment. It would also contribute significantly to economic growth and development.
More than 100 tropical countries – many of them needing expanded economic opportunities – grow sugarcane and could build upon Brazil’s successful experience. Benefits could include:
- Enhanced energy security and trade balance relief by reducing oil import bill.
- Job creation and electrification of rural areas.
- Revival of agricultural activities.
- Additional export revenues where surplus ethanol is exported.
- Reduction of greenhouse gas emissions.
Brazil is actively promoting cooperation with other large biofuels producers to help developing countries that are also sugarcane producers increase their ethanol production.
– In 2007, Brazil and the United States signed a Memorandum of Understanding (MOU) to cooperate on research, development, and deployment of biofuels. Under this agreement, both countries work jointly to bring the benefits of biofuels to other developing countries through feasibility studies and technical assistance aimed at stimulating private sector investment in biofuels. The project began in Central America and the Caribbean with the intention to continue joint work in key regions across the globe.
– Brazil, the European Union and Mozambique signed a tri-partite agreement in 2011 to develop bioenergy in the African country, focusing on the production of biofuels and bioelectricity.
SUGARCANE PRODUCING COUNTRIES
Source: British Sugar
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