Global and local market challenges, including greater energy security and the need for effective responses to climate change, are stimulating interest and demand for biofuels worldwide.Biofuels are a practical solution for reducing carbon emissions now and in coming decades, due to their compatibility with existing supply chains, liquid storage and handling infrastructures and vehicle engines.They already provide 3% of the world s transport energy mix.As demand continues to grow in future due to rising populations, biofuels provide one of a range of portfolio options that will be adopted in different countries.