The report, entitled Policies and Collaborative Partnership for Sustainable Aviation, noted that bio-fuels had proven to be a viable alternative to current jet fuel for existing aircraft types.
The industry has set itself the ambitious target of capping net emissions from 2020 with carbon neutral growth and a 50 percent reduction by 2050 compared to the baseline year of 2005.
However to achieve the industry’s goal would require 13.6-million barrels of bio-fuel per day in 2050.
To further the industry’s sustainability goals, the report also says much more work needs to be done in the areas of aviation infrastructure improvements and the research and development of radical new aircraft technologies.
The report is the culmination of a year of collaboration among leaders in the aviation, energy and financial services industries, governments, universities and international organizations with the analysis and support of Booz & Company.
Speaking shortly after the report’s release, South Africa’s Minister of Tourism, Mathinus van Schalkwyk, who also happens to chairs the WEF Global Agenda Council for Aviation, Travel and Tourism, stressed the importance of global agreements on carbon reduction rather than a proliferation of regional agreements which would be discriminatory towards travellers.
For additional information
Policies and Collaborative Partnership for Sustainable Aviation
