The aviation industry announced that \u2013 to build on its\nalready impressive scope of activities for reducing carbon dioxide (CO2)\nemissions \u2013 they are establishing the Council on Sustainable Aviation Fuels\nAccountability (CoSAFA), which is intended to accelerate the industry\u2019s\nmovement toward further decarbonizing aviation and increasing the adoption of\nsustainable aviation fuels (SAF).<\/p>\n\n\n\n
The global aviation industry currently accounts for around 2\npercent of man-made CO2 emissions. The aviation industry is committed to limit\nand reduce these emissions through the deployment of advanced technology,\noperational measures, infrastructure improvements and SAF. While most SAF\ntransactions to date have involved a limited set of SAF producers and aircraft\noperators, there is increasing interest in multiple-party purchase and\ndeployment agreements. CoSAFA represents a unified vision across the aviation\nindustry for advancing consistent, accurate accounting practices documenting\nthe production and use of SAF in such multi-party transactions \u2013 a crucial tool\nfor further reducing the industry\u2019s carbon footprint.<\/p>\n\n\n\n
CoSAFA\u2019s efforts will be led by a broad aviation industry\nBoard of Directors, including representatives from Airlines for America (A4A),\nEuropean Business Aviation Association (EBAA), General Aviation Manufacturers\nAssociation (GAMA), International Air Transport Association (IATA),\nInternational Business Aviation Council (IBAC), National Air Transportation Association\n(NATA), and the National Business Aviation Association (NBAA).<\/p>\n\n\n\n
All of these organizations recognize the scale-up of SAF\nproduction will be enabled by well-designed protocols for SAF chain of custody\nthroughout the supply chain life cycle, allowing for product and transaction\ntracing, a means of verifying relevant data, and the appropriate accounting or\nclaiming of environmental benefits.<\/p>\n\n\n\n
CoSAFA\u2019s mission is to work through an orderly, global\napproach toward providing the necessary transparency for multi-party SAF\ntransactions. CoSAFA standards will ensure transactional transparency,\npreventing double-counting of emissions savings and other potential accounting\nquestions that could undermine market confidence and investments in the\nenvironmental benefits of SAF production and use.<\/p>\n\n\n\n
Recognizing that many in the aviation sector are eager to\nincorporate SAF into their operations, the organizing bodies of CoSAFA\nidentified the need for a system to efficiently match SAF supplies with demand,\ntrack chain of custody and use with transparency, and ensure consistency with\nenvironmental and sustainability criteria. The standards of practice\nestablished by CoSAFA will be publicly available for voluntary use by any party\nwithin the aviation sector, including entities that supply fuel and related\nservices to the aviation sector.<\/p>\n\n\n\n
The industry has seen great success over the past several\nyears in building awareness and uptake of SAF, wherever it is available.\nHowever, before significant SAF scale-up can occur, investors need confidence\nthat producers and SAF purchasers will be able to reliably capture\nenvironmental premiums from lower carbon intensity fuels, and that SAF carbon\nintensity and other sustainability data can be consistently reported,\nauditable, and traceable.<\/p>\n\n\n\n
\u201cSAF provides a viable means of decarbonizing the majority\nof aviation operations both now and for the foreseeable future. The formation\nof CoSAFA is a critical step toward the aviation industry further reducing its\ncarbon footprint and achieving its sustainability goals. The movement toward a\ncleaner future is continuing to gain traction and make inroads \u2013 unifying every\nsector of the industry. We look forward to continuing to make progress and\nadvancements that can make a meaningful difference,\u201d stated Timothy Obitts,\nCoSAFA Board Chair and President and CEO of the National Air Transportation\nAssociation.<\/p>\n\n\n\n
BACKGROUND<\/p>\n\n\n\n
The industry is pursuing technological, operational and\ninfrastructure advances in addition to the deployment of SAF as means to limit\nand reduce its CO2 emissions as it returns to growth after the COVID-19 crisis.\nThe industry also supports the International Civil Aviation Organization\u2019s\nCarbon Offsetting and Reduction Scheme for International Aviation (CORSIA),\nwhich includes mechanisms for crediting aircraft operators\u2019 use of SAF with\ndemonstrated lifecycle greenhouse gas emissions savings and other\nsustainability criteria.<\/p>\n\n\n\n
SAF is low-carbon synthetic jet fuel derived from\nsustainable feedstocks, including cellulosic biomass, wastes and residues,\nwaste steel mill gases, and captured CO2.<\/p>\n\n\n\n
The formation of CoSAFA is aimed at supporting and\ncomplementing the industry\u2019s commitment to SAF deployment, particularly in\nmulti-party transactions. <\/p>\n","protected":false},"excerpt":{"rendered":"
The aviation industry announced that \u2013 to build on its already impressive scope of activities for reducing carbon dioxide (CO2) emissions \u2013 they are establishing the Council on Sustainable Aviation Fuels Accountability (CoSAFA), which is intended to accelerate the industry\u2019s movement toward further decarbonizing aviation and increasing the adoption of sustainable aviation fuels (SAF). The […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[],"class_list":["post-18211","post","type-post","status-publish","format-standard","hentry","category-international-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=18211"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18211\/revisions"}],"predecessor-version":[{"id":18212,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/18211\/revisions\/18212"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=18211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=18211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=18211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}