IATA issues first post-CORSIA update on quest for net zero emissions by 2050

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Willie Walsh CEO of IATA
Willie Walsh CEO of IATA

IATA has issued a summary of progress in its guest for net zero emissions by 2050. The first phase of the ICAO Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is the only global market-based measure scheme to address CO2 emissions from international aviation began on January 1.

Partnerships and Initiatives: Various airlines and entities worldwide are actively engaging in partnerships and initiatives to promote sustainable aviation fuel (SAF) production and use:

  • Asia: Korean Air Lines, Cathay, and Japan Airlines have been actively involved in SAF initiatives.
  • Europe: Neste, Norwegian, Amelia, and Velocys are making contributions to promote SAF technology.
  • Americas: IAG, Emirates, and United Airlines are engaging in large-scale SAF purchase agreements and investments.
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Promotion of Hydrogen-Powered Aviation:

  • Efforts are underway globally to advance the adoption of hydrogen as a sustainable fuel source in aviation.
  • Airbus and various entities are exploring the feasibility of a hydrogen infrastructure at airports.
  • Collaboration between Cranfield Aerospace Solutions, ZeroAvia, and regulators is driving the readiness for hydrogen fuel use in aircraft in England.

Electricity:

  • Transition to Electric Aviation: Significant developments are witnessed in the electric aircraft domain, aiming to revolutionize regional air travel.
  • Milestones: Swedish Heart Aerospace raising funding and Italian Swissport investing in electric vehicles exemplify progress in sustainable aviation infrastructure.

Airports:

  • Sustainable Airport Practices: Airports worldwide are implementing progressive sustainability initiatives to reduce emissions and drive environmental responsibility.
  • Examples: Long Beach Airport and Dublin airport operators announcing sustainable aviation fuel availability and environmental initiatives at airports underline the commitment to net zero emissions.
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Sustainability:

  • Industry-Wide Initiatives: Airlines and cargo terminals are adopting innovative solutions and sustainable practices to minimize environmental impact.
  • Partnerships: IndiGo and Cathay Cargo Terminal demonstrate a focus on innovative environmental practices to reduce water consumption and use of recycled materials.

CDP Environmental Rankings:

  • Climate Data Disclosure: Various airlines, including ANA Holdings, easyJet, United Airlines, and others, received high grades in the CDP rankings for transparent environmental data disclosure.
  • Progress: Improved rankings and grades across several airlines showcase a commitment to environmental stewardship and transparency.
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