Unilever has waded into the debate over biofuels after the consumer products giant backed moves to scrap biofuel targets.
The company is part of a delegation from the Commonwealth Business Council (CBC) petitioning finance ministers to pull back from targets on the use of biofuels, writes the Guardian.
Unilever will argue that a surge in the of biofuels has contributed to soaring commodity prices and damaged food security.
“This would be the first major world signal to stop the current rush to produce energy from biofuels that has impacted on food, security and prices,” said CBC director general Mohan Kaul.
The use of biofuels has become increasingly controversial in recent times, with some variants criticised for a lack of efficiency and for accelerating deforestation.