{"id":15751,"date":"2024-07-24T11:56:34","date_gmt":"2024-07-24T08:56:34","guid":{"rendered":"https:\/\/aviation-news.info\/?p=15751"},"modified":"2024-08-12T15:11:27","modified_gmt":"2024-08-12T12:11:27","slug":"airbus-backs-sustainable-aviation-fuel-financing-fund","status":"publish","type":"post","link":"https:\/\/aviation-news.info\/?p=15751","title":{"rendered":"Airbus backs sustainable aviation fuel financing fund"},"content":{"rendered":"

With sustainability a key talking point among exhibitors at this year\u2019s Farnborough International Airshow, Airbus has joined other partners, including Air-France-KLM Group , Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi and Qantas Airways, to co-invest in a financing fund to accelerate the production of sustainable aviation fuel (SAF).<\/p>\n

With SAF key to decarbonising aviation and meeting the industry\u2019s net zero goals, the Sustainable Aviation Fuel Financing Fund (SAFFA) will be used to accelerate the availability of SAF by investing in technologically mature SAF-producing projects, including waste-based feedstocks. SAFFA is focusing on SAF that is eligible for RefuelEU Aviation or Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) certification.<\/p>\n

The commitment from all partners amounts to an aggregate of approximately US$200 million with investments diversified by region and across different SAF production pathways.<\/p>\n

Crysalis Biosciences, a tech company dedicated to renewing US chemical manufacturing infrastructure with innovative fuel and chemical production technologies, is the first company SAFFA has invested in. Crysalis\u2019 recent accomplishments include the acquisition and renovation of the Monarch facility, an ethanol plant in Illinois. The plant has already received the required environmental authorisation to resume operations with the aim to produce low carbon intensity SAF and biochemicals<\/p>\n

Source:https:\/\/aerospaceglobalnews.com\/news<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With sustainability a key talking point among exhibitors at this year\u2019s Farnborough International Airshow, Airbus has joined other partners, including Air-France-KLM Group , Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi and Qantas Airways, to co-invest in a financing fund to accelerate the production of sustainable aviation fuel (SAF). With SAF key to decarbonising aviation …<\/p>\n","protected":false},"author":1,"featured_media":15752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[102,88],"tags":[],"class_list":["post-15751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-en","category-flights"],"yoast_head":"\nAirbus backs sustainable aviation fuel financing fund - aviation news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aviation-news.info\/?p=15751\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Airbus backs sustainable aviation fuel financing fund\" \/>\n<meta property=\"og:description\" content=\"With sustainability a key talking point among exhibitors at this year\u2019s Farnborough International Airshow, Airbus has joined other partners, including Air-France-KLM Group , Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi and Qantas Airways, to co-invest in a financing fund to accelerate the production of sustainable aviation fuel (SAF). 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