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Friday, February 5, 2021
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GAIN Reports from Thursday, February 4, 2021
| The following Global Agricultural Information Network (GAIN) reports were released on Thursday, February 4, 2021.
Germany: Call for Technology Neutrality Dominates Fuel of the Future Congress The 18th edition of the annual, international "Fuels of the Future" congress was held on January 18-22, 2021, in a purely digital format, due to the COVID-19 pandemic. Hot topics included the EU's renewable energy directive RED II and its transposition into German national law; biofuels and its alternatives (e-mobility, hydrogen, electricity-based fuels); and market conditions for biofuels and their feedstocks. Multiple speakers stressed that governments should remain neutral regarding which technologies to use for achieving greenhouse gas (GHG) emission reduction goals. They criticized the trend of favoring e-mobility over other options and demanded that sustainable biofuels must continue to play an important role in the foreseeable future.
The Government of Japan's 2020 third supplementary budget allocates 1.05 trillion yen ($10 billion) to the Ministry of Agriculture, Forestry and Fisheries (MAFF) to fund trade agreement countermeasures, continuation of COVID-19 economic relief support programs, and disaster preparedness and land reinforcement measures. Highlights from the supplementary budget include new support payments to encourage the conversion of acres away from table rice to other products, the continuation of support payments for the export of perishable products, and the establishment of a livestock products export consortium. MAFF is also expected to receive 2.31 trillion yen ($22.2 billion) for its 2021 budget, down 4.4 percent from last year.
For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/.
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