FIGURE 22 Global Supply of Ethanol, Biodiesel and Renewable Diesel, 2014-2023

Note: FAME stands for Fatty Acid Methyl Ester, a type of biodiesel produced through the transesterification of vegetable oils or animal fats with methanol. It is commonly used in transport and is typically blended with fossil diesel in varying proportions (e.g., B7, B20)