To achieve aviation decarbonisation IATA pledges to promote the use of SAF which reduce emissions by up to 80 pct compared to traditional jet fuel. IATA noted insufficient supply and high prices have limited airline uptake to only 120 million litres in 2021.
(Source: IATA, PR, 20 July, 2021) Contact: IATA, Willie Walsh, Dir. Gen. www.iata.org
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ACE, which was developed in conjunction with commodities trader Xpansiv CBL Holding, enables airlines and other aviation stakeholders, enable aviation industry players to offset their carbon footprint by purchasing credits in certified forestry projects, clean wind energy operations, protection of eco-systems and remote community-based, and other projects to cut emissions.
The platform will be a key tool for airlines in fulfilling their obligations under CORSIA which was agreed by governments through the International Civil Aviation Organization (ICAO) in 2016. (Source: IATA, Mirage, 25 Nov., 2020) Contact: IATA, Alexandre de Juniac, CEO, Director General, www.iata.org
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The program is built on a partnership with the International Air Transport Association's (IATA) Carbon Offset Programme, providing customers to offset emissions.
IATA's Carbon Offset Programme has been approved by the independent audit organization Quality Assurance Standard which assesses how organizations calculate emissions, select offset projects and how they communicate this information to their customers. IATA is one of only four organizations worldwide to meet this standard. (Source: Qatar Airways, FTN, 3 Nov., 2020)
Contact: ClimateCare, Robert Stevens, CEO, +44 (0) 1865591000, email@example.com, www.climatecare.org: IATA, Michael Gill, Director Aviation Environment, Alexandre de Juniac, CEO, +41 22 770 2967, (514) 874-0202 -- Montreal Office, www.iata.org; Qatar Airways, www.qatarairways.com
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According to the International Energy Agency (IEA) energy related global emissions flatlined for the first time in 2019 as economies continue the switch from polluting fuels to cleaner power generation.
(Source: International Air Transport Authority, 4 April, 2020) Contact: International Air Transport Authority, www.iata.org
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From 2020, the aviation industry aims cap net emissions and cut emissions to half 2005 levels by 2050. To that end, Airlines have invested some $1 trillion in new aircraft since 2009, and signed forward purchase agreements for sustainable aviation fuel (SAF) amounting to approximately $6 billion.
In addition, the introduction of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will ensure carbon-neutral growth on international flights from 2020 and raise around $40 billion in climate finance. (Source: IATA, PR, 28 Dec., 2019) Contact: IATA, Carsten Spohr, Chairman, Michael Gill, Director Aviation Environment, Alexandre de Juniac, CEO, +41 22 770 2967, (514) 874-0202 - Montreal Office, www.iata.org; CORSIA, www.icao.int
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Some European countries are reportedly planning to require airlines to gradually increase share of renewable and low-emission fuels blend rate and Brussels is reportedly likely to follow the trend.
(Source: IATA, AIN, 21 Nov., 2019) Contact: IATA, Carsten Spohr, Chairman, Michael Gill, Director Aviation Environment, Alexandre de Juniac, CEO, +41 22 770 2967, (514) 874-0202 - Montreal Office, www.iata.org
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The commercial air transport industry is targeting a cap of CO2 emissions through carbon neutral growth from 2020 and aims
to halve emissions by 2050, compared to 2005 levels, ensure the aviation industry's compatibility with the Paris climate agreement goals. (Source: International Air Transport Association, Biofuels Int'l, 24 June, 2019)
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