At least 60 companies globally, including Spicejet and Bangalore airport from India, have committed to accelerate their efforts to take the supply and use of sustainable aviation fuel to 10 per cent of global jet aviation fuel supply by 2030, the World Economic Forum (WEF) said on Thursday. Releasing a ‘2030 Ambition Statement’, the WEF said carbon-free energy is in sight in some sectors but progress on abating carbon emissions in the aviation sector has been slower.
Signatory companies to the Statement represent a global group of airlines, airports, fuel suppliers and other industry stakeholders who are making a mission-critical commitment on the path to net-zero emissions by 2050.
The World Economic Forum’s Clean Skies for Tomorrow Coalition – whose mission is to accelerate the deployment of sustainable aviation fuels (SAF) – has achieved a milestone on the path to net-zero emissions by 2050, by working together to power global aviation with 10 per cent SAF by 2030, it added.
As aviation remains a “hard to abate” sector in reducing Greenhouse Gas (GHG) emissions, strong climate action from the industry is particularly important as travel begins to return to pre-pandemic levels, it said.