IATA announced the creation of the SAF Matchmaker platform at the World Sustainability Symposium to connect airlines with SAF suppliers, launching in early 2025.
Publish Time:
2024-10-07 13:19:01
Source:
Travel Daily News
The International Air Transport Association (IATA) will create the Sustainable Aviation Fuel (SAF) Matchmaker to link airlines and SAF suppliers. The development was announced at the World Sustainability Symposium (WSS) with an expected launch date in the first quarter of 2025.
“Our vision is to create a transparent, efficient, and accessible matchmaking platform that will accelerate the uptake of SAF as the aviation industry progresses towards net zero CO2 emissions by 2050. The platform will do that by reducing the costs and complications that airlines face when looking for SAF suppliers. The SAF market’s maturity and globalization will be enhanced by the transparency that the SAF Matchmaker will enable. Every step in that direction is of great importance, considering that SAF is air transportation’s most significant decarbonization tool,” said Marie Owens Thomsen, Senior Vice President Sustainability and Chief Economist in IATA.
Specifically, the SAF Matchmaker will address three critical issues:
The initial focus of the platform will be airlines and SAF suppliers. In due course governments and non-aviation corporate SAF buyers will also be able to participate.