IEA forecasts sharp rise in marine biodiesel demand under IMO rules
Global demand for marine biodiesel could increase significantly by 2031, with future growth largely dependent on the adoption of international emissions regulations.
The International Energy Agency (IEA), in its Renewables 2026 report, forecasts that marine biodiesel demand will more than double by 2031 under existing policy conditions. However, implementation of the International Maritime Organization’s (IMO) proposed Net-Zero Framework could accelerate demand considerably, highlighting the influence of regulatory decisions on shipping’s transition to lower-emission fuels.
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