A global coalition focused on business aviation sustainability announced that the industry, aligned with the World Economic Forum’s Clean Skies for Tomorrow initiative is offering a market-based solution to help reduce carbon emissions for flights to and from the forum’s annual meeting in Davos.
Basel-based Jet Aviation is encouraging those utilising business aviation to participate in the Davos forum to use book-and-claim, a transaction that enables the purchase of sustainable aviation fuel (SAF), even if SAF is not available from their departing airport.
Book-and-claim, which has been used for many years in the energy sector, reduces carbon emissions and increases demand for SAF, incentivising more production.
“Each year participants traveling to Davos are encouraged to purchase sustainable aviation fuel to inset their transportation,” said the World Economic Forum’s Clean Skies for Tomorrow’s Policy Lead, Adrienne Gibbs.
“Purchasing SAF provides travelers with a way to directly invest in eliminating aviation lifecycle emissions. Clean Skies for Tomorrow is excited about the progress made on SAF in recent years, and about the purchase options that exist for both business aviation customers and those traveling on commercial airlines. Our hope is that in the future, flying on SAF becomes the norm.”
“We are committed to providing sustainable choices for our customers,” said Jet Aviation President, David Paddock. “We also recognise that achieving a more sustainable future is not just about the services we provide, but how we provide them and how we do business in the communities in which we operate. Book & claim allows anyone traveling to and from Davos to support sustainability and grow the market for sustainable aviation fuels.”
The Book-and-claim buyer does not consume the sustainable fuel - instead, the SAF will be inserted by Jet Aviation into the supply chain in an independent transaction while the buyer, or operator, gets a credit for their SAF purchase and the emissions reduction.
This initiative is just one of business aviation’s comprehensive set of actions to decarbonise the sector and achieve net-zero carbon emissions by 2050.
Popular News Stories
LATEST VIDEOSLead the way beyond fossils with advanced biofuels by UPM Biofuels
BDI's statement against ReFuelEU