Amex GBT has set forth a compelling manifesto urging the UK’s next government to prioritise the advancement of sustainable aviation fuel (SAF).
This manifesto is a call to action for recognising ‘book and claim’ programmes, thereby encouraging corporate investment and long-term commitment to environmental sustainability within aviation.
Amex GBT’s manifesto emphasises the critical need for government support in scaling sustainable aviation fuel (SAF). The manifesto outlines the importance of ‘book and claim’ programmes, which allow corporate consumers to invest in SAF and make necessary sustainability claims without the burden of demonstrating direct usage. Such initiatives are poised to unlock significant investments if backed by firm accounting and reporting standards.
On the day of the manifesto’s release, Amex GBT, in collaboration with BritishAmerican Business and the Department for Transport, convened a roundtable discussion focused on SAF scaling. Chaired by aviation minister Anthony Browne, the event underscored the necessity for coherent government policies to harness private sector action. The dialogue highlighted the synergistic approach required to foster SAF development.
Amex GBT projects SAF production to triple by 2024, yet acknowledges it’s still a fraction of overall renewable fuel output. The goal is for SAF to comprise 25% to 30% of annual renewable fuel production capacity by 2030. Achieving this requires ongoing dialogue between industry stakeholders and government representatives.
Aviation minister Anthony Browne asserts that the development of SAF represents a crucial pathway towards a cleaner travel future. With government initiatives, including a £135m Advanced Fuels Fund, the UK aims to maintain its leadership role in SAF advancement.
The collaboration between government and business is deemed pivotal in setting the right incentives for SAF distribution networks, ultimately leading to a substantial reduction in aviation’s environmental impact.
Amex GBT’s vision encapsulates a broadened focus on renewable fuel production, with SAF at the forefront. The manifesto details an aligned commitment from industry leaders to expedite the transition towards sustainable aviation.
The Amex GBT manifesto is a comprehensive initiative pushing for strategic government and industry partnerships to elevate SAF scaling.
Increased focus on sustainable practices within aviation highlights the sector’s readiness to embrace innovative solutions for a cleaner future.
