Book-and-Claim SAF Initiative for Davos Attendees
(Biofuels International) 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.”
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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. READ MORE
Supplying SAF for WEF (Jet Aviation)