India, Oct. 17 -- Global use of sustainable fuels could quadruple by 2035, according to a new IEA report.

Biofuels, biogases and low-emissions hydrogen are key to cutting fossil fuel dependence in transport and industry.

The IEA says sustainable fuels already reduce global oil demand by 2.5 million barrels per day.

Up to USD 1.5 trillion in investment and nearly 2 million new jobs could be generated by 2035.

The agency urges stronger policy support, innovation and international cooperation to accelerate deployment.

The International Energy Agency (IEA) has said that global use of sustainable fuels could quadruple by 2035 if countries implement existing and announced policies, alongside targeted measures to attract investment and remo...