Ricardo was appointed by the European Commission (DG MOVE) to carry out a support study for the impact assessment of the ReFuelEU Aviation initiative.
FGA was invited as a stakeholder of the sustainable aviation fuel (SAF) development and debate to respond to a survey recently sent out by the European Commission. We responded to the initial consultation in April this year with our market observations, and through this follow up survey we have commented on market measures, EU policy and funding mechanism to support for the advancement of the deployment of sustainable aviation fuels. SAF is technology/energy source which reduces emissions from air travel by up to 80% on the lifecycle. As we begin to fly again it will be a key measure to the decarbonisation of the industry agreed and approved by the United Nations, European Commission, member states., International Air Transport Association (IATA) and many more.
A key aspect of the discussion is increasing commitment to purchase the fuel by corporates and in time leisure travellers. This is why we are working with American Express Global Business Travel, The BTA and Gold Standard to advance this crucial future focused work.
Our response from April.
We are pleased to be able to comment on these proposed measures and look forward to supporting the development of the work to decarbonise the travel sector.