European Aviation Leaders Demand Urgent Investment In Esaf Production

The latest and trending news from around the world.

European Aviation Leaders Demand Urgent Investment in eSAF Production | AIN
European Aviation Leaders Demand Urgent Investment in eSAF Production | AIN from

European Aviation Leaders Demand Urgent Investment in eSAF Production

Aviation Industry Calls for Government Support to Scale Up Sustainable Aviation Fuel Production

At the recent European Aviation Summit, industry leaders emphasized the critical need to accelerate the production of sustainable aviation fuel (eSAF) to decarbonize air transport. They called on governments to play a pivotal role by providing incentives, funding, and regulatory support to scale up eSAF production.

Why Invest in eSAF?

eSAFs are drop-in fuels that can be used in existing aircraft without modifications, significantly reducing greenhouse gas emissions. They offer a practical, near-term solution to decarbonize the aviation sector, which accounts for approximately 2.5% of global CO2 emissions.

Investing in eSAF production would create new jobs, stimulate economic growth, and strengthen Europe's energy security by reducing reliance on imported fossil fuels.

Urgency of Action

The aviation industry is committed to achieving net zero emissions by 2050, in line with the Paris Agreement. However, eSAF production is currently insufficient to meet the scale required for decarbonization. Urgent action is needed to accelerate the transition to sustainable aviation.

Industry leaders at the summit highlighted the need for clear government policies, stable funding mechanisms, and a supportive regulatory environment to provide the necessary investment incentives for eSAF producers.

Government Support Needed

Governments play a crucial role in scaling up eSAF production by providing incentives, such as tax breaks, subsidies, and carbon credits. They can also support research and development, incentivize sustainable feedstock production, and streamline certification processes.

Regulatory support, such as blending mandates and sustainability criteria for eSAFs, will provide long-term market stability for investors and ensure the production and use of sustainable fuels.

Conclusion

The future of sustainable aviation depends on the urgent investment in eSAF production. European aviation leaders have called on governments to prioritize this critical area, recognizing its immense potential for decarbonization, economic growth, and energy security. By working together, the aviation industry and policymakers can create a sustainable future for air transport.