WTTC: Governments Must Take Bold Action to Prioritise Sustainable Aviation Fuel
The World Travel & Tourism Council (WTTC) has called on governments to incentivise Sustainable Aviation Fuel (SAF) production and set ...
The World Travel & Tourism Council (WTTC) has called on governments to incentivise Sustainable Aviation Fuel (SAF) production and set ambitious targets to produce adequate quantities. Without SAF, the aviation sector cannot decarbonise on a scale that will allow it to reach Net Zero by 2050. WTTC calls on governments to provide strong incentives to encourage investment in SAF production, work with the sector to set ambitious SAF production targets and coordinate their actions through the International Civil Aviation Organisation (ICAO) to ensure global uniformity in SAF regulations.
“At today’s prices, SAF is on average three to five times more expensive than traditional fossil fuels. Governments must address this cost disparity by providing financial support and incentives to make SAF more accessible and affordable. Without those targets and without those incentives, the sector cannot decarbonise.”
Julia Simpson, WTTC President & CEO