The aviation industry is establishing the Council on Sustainable Aviation Fuels Accountability (CoSAFA), which is intended to accelerate the industry’s movement toward further sustainable aviation fuel (SAF) use.
The global aviation industry currently accounts for around 2% of man-made CO2 emissions. The aviation industry is committed to limit and reduce these emissions through the deployment of advanced technology, operational measures, infrastructure improvements and SAF.
While most SAF transactions to date have involved a limited set of SAF producers and aircraft operators, there is increasing interest in multiple-party purchase and deployment agreements.
CoSAFA represents a unified vision across the aviation industry for advancing consistent, accurate accounting practices documenting the production and use of SAF in such multi-party transactions – a crucial tool for further reducing the industry’s carbon footprint.
CoSAFA’s mission is to work through an orderly, global approach toward providing the necessary transparency for multi-party SAF transactions.
Timothy Obitts, CoSAFA board chair and president and CEO of the National Air Transportation Association, said: “SAF provides a viable means of decarbonising the majority of aviation operations both now and for the foreseeable future.
“The formation of CoSAFA is a critical step toward the aviation industry further reducing its carbon footprint and achieving its sustainability goals. The movement toward a cleaner future is continuing to gain traction and make inroads – unifying every sector of the industry. We look forward to continuing to make progress and advancements that can make a meaningful difference.”
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