IATA backs SAF Long Term Aspirational Goals
In Canada, the International Air Transport Association (IATA) said it is strongly encouraged by the adoption of a Long Term Aspirational Goal (LTAG) to achieve net zero CO2 emissions by 2050 at the 41st Assembly of the International Civil Aviation Organization (ICAO).
IATA highlighted that this decision adopted by ICAO member countries aligns with both the objectives of the Paris Agreement and the net zero CO2 emissions by 2050 resolution agreed by airlines at the 77th IATA Annual General Meeting in October 2021.
“The significance of the LTAG agreement cannot be under-estimated. The aviation industry’s commitment to achieve net zero CO2 emissions by 2050 requires supportive government policies. Now that governments and industry are both focused on net zero by 2050, we expect much stronger policy initiatives in key areas of decarbonization such as incentivizing the production capacity of Sustainable Aviation Fuels (SAF). And the global determination to decarbonize aviation that underpins this agreement must follow the delegates home and lead to practical policy actions enabling all states to support the industry in the rapid progress that it is determined to make,” said Willie Walsh, IATA’s Director General.
“With LTAG in mind, state efforts should now be focused on ways to incentivize an increase in SAF production capacity and thereby reduce its cost. The tremendous progress made in many economies on the transition of electricity production to green sources such as solar power and wind is a shining example of what can be achieved with the right government policies, particularly production incentives,” Walsh added.
Category: SAF
