Participants will work to accelerate investment in sustainable aviation fuels.
WASHINGTON – RMI and Environmental Defense Fund (EDF) launched the Sustainable Aviation Buyers Alliance (SABA) supported by founding companies Boeing, BCG, Deloitte, JPMorgan Chase, Microsoft, Netflix, and Salesforce. SABA’s mission is to accelerate the path to net zero aviation by driving investment in high quality sustainable aviation fuel (SAF), catalyzing new SAF production and technological innovation, and supporting member engagement in policy-making.
Despite a temporary setback in global air travel due to COVID, aviation’s contribution to climate change is expected to grow in the coming years. According to the U.S. Department of Energy, demand for jet fuel could reach double pre-pandemic levels by 2050.
“The Sustainable Aviation Buyers Alliance adds momentum to existing airline-company partnerships that support the purchase of sustainable aviation fuels,” said Kelley Kizzier, Vice President of the Global Climate program at EDF. “SABA will build on the work of these early movers, many of whom seek a more scalable, standardized approach, by establishing a SAF certificate system with robust environmental criteria. Working with sustainability certification schemes, this system will verify and track emission reductions from SAF so that companies, organizations and even individual travelers can achieve their ambitious climate goals.”
SABA is one piece of a much broader global effort to decarbonize aviation. The environmental community and the International Air Transport Association (IATA) and its members have been championing the role of SAF for over a decade. The International Civil Aviation Organization (ICAO) and the World Economic Forum’s Clean Skies for Tomorrow coalition incubated many of the concepts SABA now takes forward to implementation.
“We are excited to work with the Sustainable Aviation Buyers Alliance and like-minded initiatives to develop the SAF certificate registry system, which will help make robust SAF certificates a reality for the broader community Clean Skies has worked so hard to build,” said Christoph Wolff, Global Head of Mobility at the World Economic Forum.
“SABA will build on the strong foundation of these global efforts, and develop a system that enables SAF to grow at the same pace and scale that renewable electricity grew over the last decade,” said Ned Harvey, Managing Director, Climate Intelligence, RMI. “The benefits of investing in SAF will go beyond the aviation sector, creating vast new clean energy jobs and new, sustainable revenue sources for farmers and tech innovators.”
Key aspects of SABA’s work will include:
- Education and Policy Support: SABA will help members navigate the technical aspects of SAF and the SAF market, aviation emissions accounting, and the SAF policy landscape.
- Technology Innovation: SABA will assess emerging SAF technologies and work with like-minded organizations to help address barriers to scale and cost reduction.
- Investment Opportunity: SABA will establish a rigorous, transparent SAF certificate system enabling air transport customers – not only aircraft operators – to invest in high quality SAF to meet their ambitious climate goals.
“The time is ripe to launch SABA now, as we begin to return to the skies and gather to celebrate Earth Day and support the U.S. Climate Summit,” said SABA Secretariat lead Kim Carnahan, former U.S. Chief Negotiator for Climate Change and Director of Disruption Technologies at ENGIE Impact. “Today is just the beginning for SABA. We will announce additional founding companies soon and plan to open for broad membership at the COP26 climate conference in November 2021.”
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
