Latest news with #CORSIA
Yahoo
05-06-2025
- Business
- Yahoo
Aviation Biofuel Global Strategic Industry Research Report 2025-2030 - Carbon Credit Trading and CORSIA Compliance Drives SAF Adoption by International Carriers
Understand the significant growth trajectory of the Hydroprocessed Esters & Fatty Acids segment, which is expected to reach US$18.0 Billion by 2030 with a CAGR of a 3.2%. The Hydrotreated Vegetable Oil segment is also set to grow at 4.1% CAGR over the analysis period. Gain insights into the U.S. market, valued at $10.6 Billion in 2024, and China, forecasted to grow at an impressive 7.0% CAGR to reach $9.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Aviation Biofuel Market Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Aviation Biofuel - Global Strategic Business Report" report has been added to global market for Aviation Biofuel was valued at US$38.7 Billion in 2024 and is projected to reach US$48.8 Billion by 2030, growing at a CAGR of 3.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Global regulatory frameworks, such as the International Civil Aviation Organization's (ICAO) CORSIA program and the EU's RefuelEU initiative, are mandating lifecycle emissions reductions and SAF blending targets to push the industry toward net-zero by 2050. Biofuels derived from sustainable feedstocks - such as used cooking oil, agricultural residues, municipal waste, and non-food energy crops - are central to meeting these mandates. As airlines, airports, and fuel suppliers align with ESG targets and carbon offset mechanisms, aviation biofuel adoption is transitioning from pilot-scale to commercial emissions mitigation, aviation biofuel offers strategic value in energy diversification and supply chain resilience. Regional production of SAF using local feedstocks reduces dependence on volatile crude oil markets and enhances energy security. Governments are now treating SAF capacity building as an industrial policy priority, linking it with job creation, rural development, and innovation in the circular economy. With climate imperatives accelerating, aviation biofuel is no longer a niche alternative but a central enabler of the industry's long-term operational and reputational sustainability. What Are the Factors Driving Growth in the Aviation Biofuel Market?The aviation biofuel market is accelerating as decarbonization pressure, regulatory mandates, and energy diversification imperatives converge across the aviation value chain. SAF is uniquely positioned to deliver near-term emissions reductions while leveraging existing aircraft and fueling infrastructure - bridging the gap between climate ambition and operational growth drivers include the global rollout of emissions compliance frameworks, expanding feedstock and conversion technologies, rising corporate travel decarbonization commitments, and increasing alignment between energy, agriculture, and aviation sectors. As production scales and costs decline, SAF is expected to evolve from a niche sustainability initiative to a mainstream component of global aviation fuel climate targets tighten and flight demand rebounds, could aviation biofuel become the defining catalyst that enables the aviation industry to decouple growth from carbon - transforming air travel into a climate-resilient, net-zero mode of global connectivity? How Are Feedstock Technologies, Processing Pathways, and Certification Standards Advancing Commercial Deployment?Technological innovation across the SAF value chain is accelerating scalability and performance optimization. Multiple conversion pathways - such as HEFA (Hydroprocessed Esters and Fatty Acids), Fischer-Tropsch synthesis, Alcohol-to-Jet (ATJ), and Synthetic Iso-Paraffins (SIP) - are being deployed based on regional feedstock availability and policy incentives. HEFA remains the most commercially mature route, using waste fats and oils, while emerging platforms are targeting lignocellulosic biomass, algae, and carbon-captured e-fuels for next-generation feedstock diversification is a key focus, with industry stakeholders investing in low-cost, non-edible, and waste-based inputs to avoid land-use conflicts and food security concerns. Advanced R&D in microbial conversion, pyrolysis, and gasification is enabling higher yields, lower GHG intensity, and broader compatibility with global supply chains. Lifecycle assessments and carbon intensity metrics are becoming standard components of SAF procurement, ensuring that environmental claims are verifiable, traceable, and aligned with global climate Airline Segments, Airport Hubs, and Regional Policies Are Accelerating Aviation Biofuel Uptake?Commercial airlines are leading the charge in SAF adoption, particularly flag carriers, full-service networks, and sustainability-focused low-cost carriers. Major players in North America, Europe, and Asia-Pacific have entered long-term offtake agreements with biofuel producers to secure supply and meet emissions reduction targets. SAF is being integrated into regular flight operations, with flagship routes and climate-conscious travel options marketed to corporate and leisure customers seeking greener are becoming critical facilitators of SAF deployment through fuel blending infrastructure, storage upgrades, and collaboration with regional suppliers. Hubs such as Los Angeles (LAX), Amsterdam Schiphol, Frankfurt, and Singapore Changi are establishing SAF-ready fueling systems and incentivizing carriers through reduced landing fees, emissions credits, or preferential gate allocation. Regional airport authorities are also working with municipal waste processors and agribusinesses to co-locate SAF production near major air and regional policies are providing the structural support needed to scale aviation biofuel markets. The European Union's RefuelEU Aviation initiative mandates SAF blending percentages beginning in 2025, with targets increasing through 2050. The U.S. Inflation Reduction Act includes tax credits and production incentives for SAF, while countries like the UK, Japan, and Canada are launching SAF roadmaps that link aviation decarbonization to national climate goals. These regulatory levers are fostering demand certainty, investment pipelines, and cross-sector collaboration - catalyzing the transition from demonstration to Are Industry Collaboration Models, Capital Deployment, and Supply Chain Innovation Reshaping Market Expansion?Strategic partnerships between airlines, energy companies, and technology developers are driving investment into biofuel production capacity and distribution logistics. Co-development agreements, equity investments, and joint ventures are helping de-risk SAF commercialization by aligning feedstock sourcing, refining capabilities, and offtake commitments. Major oil and gas companies are repositioning biofuels as part of their decarbonization strategies, leveraging existing refinery assets to integrate SAF into their product deployment into aviation biofuel infrastructure is scaling rapidly, with public-private funding mechanisms, green bonds, and climate-aligned financial instruments supporting new biorefineries and retrofitting of legacy plants. Multilateral development banks, climate funds, and sovereign wealth entities are increasingly backing SAF ventures in both developed and emerging markets. Long-term purchase agreements and price floor mechanisms are being used to secure revenue predictability for producers and encourage first-mover chain innovation is becoming a key differentiator in market development. Logistics platforms are emerging to coordinate feedstock aggregation, fuel blending, quality control, and carbon tracking. Blockchain and digital twin technologies are being explored to provide end-to-end traceability, enabling airlines and corporate buyers to quantify Scope 3 emissions reductions. As SAF gains traction, vertically integrated ecosystems combining feedstock cultivation, processing, and delivery are reshaping how aviation fuel is produced, distributed, and Scope Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Aemetis Inc., Air Company, Alder Fuels, Amyris Inc., BP plc and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Segments Type (Hydroprocessed Esters & Fatty Acids, Hydrotreated Vegetable Oil, Flight Test, Safety Information Protection, Alcohol-To-Jet) Application (Military, Commercial, Other Applications) Tariff Impact Analysis: Key Insights for 2025What's Included in This Edition: Tariff-adjusted market forecasts by region and segment Analysis of cost and supply chain implications by sourcing and trade exposure Strategic insights into geographic shifts Buyers receive a free July 2025 update with: Finalized tariff impacts and new trade agreement effects Updated projections reflecting global sourcing and cost shifts Expanded country-specific coverage across the industry Key Attributes: Report Attribute Details No. of Pages 277 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $38.7 Billion Forecasted Market Value (USD) by 2030 $48.8 Billion Compound Annual Growth Rate 3.9% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Aviation Biofuel - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Pressure to Decarbonize Aviation Throws the Spotlight on Sustainable Aviation Fuel (SAF) Growth in Airline Commitments to Net-Zero Targets Spurs Investment in Biofuel Development and Procurement Government Incentives and Mandates in EU and U.S. Drive Market Creation for Renewable Jet Fuel Expansion of Feedstock Supply Chains Using Waste Oils, Algae, and Biomass Bodes Well for Fuel Diversity Advancements in HEFA, ATJ, and FT Fuel Pathways Support Commercialization of Multiple Production Routes Integration of SAF Into Airport Fueling Infrastructure Enhances Scalability and Operational Readiness Long-Term Offtake Agreements Between Airlines and Biofuel Producers Provide Market Stability Public Support for Green Aviation Fuels Boosts Industry-Wide Transition From Fossil-Based Jet Fuels Carbon Credit Trading and CORSIA Compliance Drives SAF Adoption by International Carriers Use in Military and Business Aviation Segments Supports Early Adoption and Cost Absorption FOCUS ON SELECT PLAYERS:Some of the 34 companies featured in this report Aemetis Inc. Air Company Alder Fuels Amyris Inc. BP plc Chevron Corporation Clay Lacy Aviation Eneos Holdings Eni S.p.A. Fulcrum BioEnergy Inc. Gevo Inc. Honeywell International Inc. LanzaJet LanzaTech Neste Oyj PetroSun Inc. Preem AB Red Rock Biofuels LLC Renewable Developments Australia Shell plc For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Aviation Biofuel Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
05-06-2025
- Business
- Yahoo
Aviation Biofuel Global Strategic Industry Research Report 2025-2030 - Carbon Credit Trading and CORSIA Compliance Drives SAF Adoption by International Carriers
Understand the significant growth trajectory of the Hydroprocessed Esters & Fatty Acids segment, which is expected to reach US$18.0 Billion by 2030 with a CAGR of a 3.2%. The Hydrotreated Vegetable Oil segment is also set to grow at 4.1% CAGR over the analysis period. Gain insights into the U.S. market, valued at $10.6 Billion in 2024, and China, forecasted to grow at an impressive 7.0% CAGR to reach $9.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Aviation Biofuel Market Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Aviation Biofuel - Global Strategic Business Report" report has been added to global market for Aviation Biofuel was valued at US$38.7 Billion in 2024 and is projected to reach US$48.8 Billion by 2030, growing at a CAGR of 3.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Global regulatory frameworks, such as the International Civil Aviation Organization's (ICAO) CORSIA program and the EU's RefuelEU initiative, are mandating lifecycle emissions reductions and SAF blending targets to push the industry toward net-zero by 2050. Biofuels derived from sustainable feedstocks - such as used cooking oil, agricultural residues, municipal waste, and non-food energy crops - are central to meeting these mandates. As airlines, airports, and fuel suppliers align with ESG targets and carbon offset mechanisms, aviation biofuel adoption is transitioning from pilot-scale to commercial emissions mitigation, aviation biofuel offers strategic value in energy diversification and supply chain resilience. Regional production of SAF using local feedstocks reduces dependence on volatile crude oil markets and enhances energy security. Governments are now treating SAF capacity building as an industrial policy priority, linking it with job creation, rural development, and innovation in the circular economy. With climate imperatives accelerating, aviation biofuel is no longer a niche alternative but a central enabler of the industry's long-term operational and reputational sustainability. What Are the Factors Driving Growth in the Aviation Biofuel Market?The aviation biofuel market is accelerating as decarbonization pressure, regulatory mandates, and energy diversification imperatives converge across the aviation value chain. SAF is uniquely positioned to deliver near-term emissions reductions while leveraging existing aircraft and fueling infrastructure - bridging the gap between climate ambition and operational growth drivers include the global rollout of emissions compliance frameworks, expanding feedstock and conversion technologies, rising corporate travel decarbonization commitments, and increasing alignment between energy, agriculture, and aviation sectors. As production scales and costs decline, SAF is expected to evolve from a niche sustainability initiative to a mainstream component of global aviation fuel climate targets tighten and flight demand rebounds, could aviation biofuel become the defining catalyst that enables the aviation industry to decouple growth from carbon - transforming air travel into a climate-resilient, net-zero mode of global connectivity? How Are Feedstock Technologies, Processing Pathways, and Certification Standards Advancing Commercial Deployment?Technological innovation across the SAF value chain is accelerating scalability and performance optimization. Multiple conversion pathways - such as HEFA (Hydroprocessed Esters and Fatty Acids), Fischer-Tropsch synthesis, Alcohol-to-Jet (ATJ), and Synthetic Iso-Paraffins (SIP) - are being deployed based on regional feedstock availability and policy incentives. HEFA remains the most commercially mature route, using waste fats and oils, while emerging platforms are targeting lignocellulosic biomass, algae, and carbon-captured e-fuels for next-generation feedstock diversification is a key focus, with industry stakeholders investing in low-cost, non-edible, and waste-based inputs to avoid land-use conflicts and food security concerns. Advanced R&D in microbial conversion, pyrolysis, and gasification is enabling higher yields, lower GHG intensity, and broader compatibility with global supply chains. Lifecycle assessments and carbon intensity metrics are becoming standard components of SAF procurement, ensuring that environmental claims are verifiable, traceable, and aligned with global climate Airline Segments, Airport Hubs, and Regional Policies Are Accelerating Aviation Biofuel Uptake?Commercial airlines are leading the charge in SAF adoption, particularly flag carriers, full-service networks, and sustainability-focused low-cost carriers. Major players in North America, Europe, and Asia-Pacific have entered long-term offtake agreements with biofuel producers to secure supply and meet emissions reduction targets. SAF is being integrated into regular flight operations, with flagship routes and climate-conscious travel options marketed to corporate and leisure customers seeking greener are becoming critical facilitators of SAF deployment through fuel blending infrastructure, storage upgrades, and collaboration with regional suppliers. Hubs such as Los Angeles (LAX), Amsterdam Schiphol, Frankfurt, and Singapore Changi are establishing SAF-ready fueling systems and incentivizing carriers through reduced landing fees, emissions credits, or preferential gate allocation. Regional airport authorities are also working with municipal waste processors and agribusinesses to co-locate SAF production near major air and regional policies are providing the structural support needed to scale aviation biofuel markets. The European Union's RefuelEU Aviation initiative mandates SAF blending percentages beginning in 2025, with targets increasing through 2050. The U.S. Inflation Reduction Act includes tax credits and production incentives for SAF, while countries like the UK, Japan, and Canada are launching SAF roadmaps that link aviation decarbonization to national climate goals. These regulatory levers are fostering demand certainty, investment pipelines, and cross-sector collaboration - catalyzing the transition from demonstration to Are Industry Collaboration Models, Capital Deployment, and Supply Chain Innovation Reshaping Market Expansion?Strategic partnerships between airlines, energy companies, and technology developers are driving investment into biofuel production capacity and distribution logistics. Co-development agreements, equity investments, and joint ventures are helping de-risk SAF commercialization by aligning feedstock sourcing, refining capabilities, and offtake commitments. Major oil and gas companies are repositioning biofuels as part of their decarbonization strategies, leveraging existing refinery assets to integrate SAF into their product deployment into aviation biofuel infrastructure is scaling rapidly, with public-private funding mechanisms, green bonds, and climate-aligned financial instruments supporting new biorefineries and retrofitting of legacy plants. Multilateral development banks, climate funds, and sovereign wealth entities are increasingly backing SAF ventures in both developed and emerging markets. Long-term purchase agreements and price floor mechanisms are being used to secure revenue predictability for producers and encourage first-mover chain innovation is becoming a key differentiator in market development. Logistics platforms are emerging to coordinate feedstock aggregation, fuel blending, quality control, and carbon tracking. Blockchain and digital twin technologies are being explored to provide end-to-end traceability, enabling airlines and corporate buyers to quantify Scope 3 emissions reductions. As SAF gains traction, vertically integrated ecosystems combining feedstock cultivation, processing, and delivery are reshaping how aviation fuel is produced, distributed, and Scope Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Aemetis Inc., Air Company, Alder Fuels, Amyris Inc., BP plc and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Segments Type (Hydroprocessed Esters & Fatty Acids, Hydrotreated Vegetable Oil, Flight Test, Safety Information Protection, Alcohol-To-Jet) Application (Military, Commercial, Other Applications) Tariff Impact Analysis: Key Insights for 2025What's Included in This Edition: Tariff-adjusted market forecasts by region and segment Analysis of cost and supply chain implications by sourcing and trade exposure Strategic insights into geographic shifts Buyers receive a free July 2025 update with: Finalized tariff impacts and new trade agreement effects Updated projections reflecting global sourcing and cost shifts Expanded country-specific coverage across the industry Key Attributes: Report Attribute Details No. of Pages 277 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $38.7 Billion Forecasted Market Value (USD) by 2030 $48.8 Billion Compound Annual Growth Rate 3.9% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Aviation Biofuel - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Pressure to Decarbonize Aviation Throws the Spotlight on Sustainable Aviation Fuel (SAF) Growth in Airline Commitments to Net-Zero Targets Spurs Investment in Biofuel Development and Procurement Government Incentives and Mandates in EU and U.S. Drive Market Creation for Renewable Jet Fuel Expansion of Feedstock Supply Chains Using Waste Oils, Algae, and Biomass Bodes Well for Fuel Diversity Advancements in HEFA, ATJ, and FT Fuel Pathways Support Commercialization of Multiple Production Routes Integration of SAF Into Airport Fueling Infrastructure Enhances Scalability and Operational Readiness Long-Term Offtake Agreements Between Airlines and Biofuel Producers Provide Market Stability Public Support for Green Aviation Fuels Boosts Industry-Wide Transition From Fossil-Based Jet Fuels Carbon Credit Trading and CORSIA Compliance Drives SAF Adoption by International Carriers Use in Military and Business Aviation Segments Supports Early Adoption and Cost Absorption FOCUS ON SELECT PLAYERS:Some of the 34 companies featured in this report Aemetis Inc. Air Company Alder Fuels Amyris Inc. BP plc Chevron Corporation Clay Lacy Aviation Eneos Holdings Eni S.p.A. Fulcrum BioEnergy Inc. Gevo Inc. Honeywell International Inc. LanzaJet LanzaTech Neste Oyj PetroSun Inc. Preem AB Red Rock Biofuels LLC Renewable Developments Australia Shell plc For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Aviation Biofuel Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Hans India
05-06-2025
- Business
- Hans India
Eco-friendly aviation is the order of the day
As the global passenger footfall touches an enormous growth of nine per cent with 10 billion passengers and 100 million aircraft movements in 2024, let us understand its environmental impact. Due to its speed and altitude, aircrafts require more power and energy than other modes of transport. Therefore, the aviation industry faces critical challenge of balancing growth with sustainability. The global aviation industry emitted 882 mmt of CO2 last year. Because of the height at which the emissions are released, the effect of these emissions on environment is high. Aircraft emit not only CO2 but also other emissions-nitrogen oxide and water vapour, which have greater effect. Aviation CO2 emissions should be multiplied by 1.9 times to consider added impact of other gasses. An inter-governmental panel on Climate Change estimated that aviation accounts for three per cent of the total climate impact. Though growth is desirable, high carbon footprint is unacceptable. Towards this, the International Civil Aviation Organisation (ICAO) has set up core sustainability goals among global aircraft manufacturers, airlines, airports, aviation fuel manufacturers and national regulators to ensure eco-friendly aviation. Key initiatives of ICAO: CO2 emissions standard set by ICAO in 2016 applies to all new aircraft designs from 2020 and newly-built existing models from 2023. It emphasised the value of a globally harmonised approach to reduce green house gas emissions and climate change around airports, by-state action plans; sustainable alternative fuels, market-based measures; and global aspirational goals to ensure the long-term sustainability of aviation. The ICAO is actively working towards sustainable aviation through various initiatives: Global coalition for sustainable aviation: This enables development of new ideas, accelerate implementation of innovative solutions and raise awareness about eco-friendly aviation. Global framework for sustainable aviation fuels: This is a collective aspiration for a five per cent reduction in aviation CO2 emissions by 2030. SAF has the greatest potential to reduce CO2 emissions from aviation. Carbon offsetting: CORSIA is a market-based scheme that aims to cap net aviation emissions at 2020 levels through 2035. Operational and technological improvements: ICAO encourages airlines and manufacturers to adopt technologies that reduce emissions, optimize flight operations, and implement best practices to minimise fuel consumption. Non-CO2 impact mitigation: ICAO addresses non-CO2 impacts of aviation such as noise pollution and the use of other greenhouse gases by developing standards and guidance. Finvest hub: ICAO has established a global platform to facilitate dedicated pathways for funding SAF production, clean energy infrastructure, and other aviation decarbonization initiatives. Long-term global aspirational goal (LTAG): This outlines a long-term aspirational goal for the aviation industry to achieve net-zero carbon emissions by 2050. Aircraft manufacturers are using cutting edge light-weight materials such as carbon composites to build aircraft and components,. Recent technological improvements like wing tip devices increase aerodynamic efficiency and reduce fuel usage. New generation aircraft are 20 per cent more fuel efficient as they produce 80 per cent less CO2 per seat than the first jets in the 1950s. Electric aircraft: The research towards eVTOL (Electric Vertical Take-off and Landing) aircraft is another encouraging factor towards this direction. eVTOL promises quick urban mobility without heavy investment on land and airport terminals. DGCA India has already issued guidelines in this regard. As battery technology develops, increased energy storage may make electrically-powered commercial flight a reality. Sustainable aviation fuel SAF): This is a biofuel produced from renewable sources like agricultural waste or used cooking oil and can be used in blends with traditional jet fuel, or in some cases, even one hundred per cent SAF. However, using biofuels in aircraft faces limitations related to production costs, feedstock availability, and compatibility with existing engine infrastructure. While biofuels offer potential for reduced emissions, their higher production costs and the need for significant upgrades to meet jet fuel specifications hinder widespread adoption. Additionally, biofuel production may have environmental drawbacks, including land and water resource requirements, and potential for increased GHG emissions. Hybrid technology: There is also a lot of research into hybrid options – combining the performance of liquid sustainable aviation fuel with the electric propulsion. Conclusion: Aviation has been successful in achieving far lower emissions growth than the industry's growth. While air traffic is increasing at an average of nine per cent annually, the growth of CO2 emissions is now lower at around only three per cent. (The writer is a retired Jt General Manager, Airports Authority of India)
Business Upturn
04-06-2025
- Business
- Business Upturn
Praj, IATA, and ISMA Join Forces to Advance SAF Carbon Assessment and Certification in India
Pune, Maharashtra, India: India is taking decisive steps toward decarbonizing its aviation sector, with a SAF blending mandate targeting 1% by 2027 and 2% by 2028. In line with this national goal, Praj Industries, International Air Transport Association (IATA), and Indian Sugar & Bio-energy Manufacturers Association (ISMA) have signed a strategic Memorandum of Understanding (MoU) to drive the certification and adoption of Sustainable Aviation Fuel (SAF) in the country. The partnership will focus on conducting a comprehensive Life Cycle Assessment (LCA) of SAF derived from Indian sugarcane feedstock via the Ethanol-to-Jet (ETJ) pathway—a critical milestone in demonstrating the environmental and economic viability of indigenous SAF solutions. The MoU underscores the participants' shared commitment to sustainability and to reducing emissions in aviation—one of the world's most challenging sectors to decarbonize. Through this partnership, Praj, IATA, and ISMA aim to determine an accurate Carbon Intensity (CI) number for SAF produced using Indian sugarcane. CI measures the amount of greenhouse gas emissions produced per unit of energy generated (usually expressed in gCO₂e/MJ). This key metric for SAF determines how much cleaner the fuel is compared to conventional jet fuel. As part of the collaboration, the three participants will also work together to define and recommend a certification methodology suited to the Indian context. This framework will align with internationally recognized sustainability and emissions reduction standards, specifically the International Sustainability and Carbon Certification (ISCC) CORSIA and the Roundtable on Sustainable Biomaterials (RSB) CORSIA standard. 'India has immense potential to become a key player in sustainable aviation fuel. This collaboration leverages scientific rigor and global frameworks to ensure our SAF solutions meet the highest standards,' asserted Dr. Pramod Chaudhari, Founder Chairman of Praj Industries. Praj Industries has been actively advancing the development and commercialization of Sustainable Aviation Fuel (SAF) in India. In collaboration with Indian Oil Corporation Ltd. (IOCL) and AirAsia India, Praj successfully produced SAF from indigenous feedstock, showcasing its readiness for commercial deployment. Further strengthening its position, Praj's R&D facility, Praj Matrix, in Pune houses India's first integrated Sustainable Aviation Fuel (SAF) demonstration plant. 'Measurements and certifications are key building blocks in any market. Developing the SAF market in India will be accelerated and its global acceptance will be facilitated by progress in these areas that is tailored to Indian conditions. Through this MoU, we aim to ensure that SAF from India can contribute to the height of its full potential to global decarbonization goals,' said Marie Owens Thomsen, IATA SVP Sustainability and Chief Economist. 'India's record success globally via GOI's Ethanol Blending Programme has showcased the sugar industry's immense potential, and one of the best possible demonstrations of our capacity will be to become the single largest supplier of one of Asia's lowest carbon-intensive NextGen biofuels like SAF—ensuring a truly just energy transition,' said Deepak Ballani, Director General of ISMA. This landmark collaboration highlights India's commitment to pioneering sustainable aviation and lays a strong foundation for a low-carbon future, driving innovation and environmental stewardship in the global aviation sector. At the 81st IATA AGM, PM Shri. Narendra Modi highlighted India's push for Sustainable Aviation Fuel (SAF) to reduce emissions and promote green growth. He urged global collaboration and emphasized India's commitment to eco-friendly aviation infrastructure. In the photograph from left to right: Mr. Roshan Lal Tamak, Executive Director & CEO – Sugar Business DCM Shriram Ltd. (designated ISMA representative); Ms. Marie Owens Thomsen, SVP Sustainability and Chief Economist, IATA, and Mr. Atul Mulay, President – Bioenergy, Praj Industries. About Praj Industries Limited Advertisement Praj, India's most accomplished industrial biotech company, is driven by innovation, integration, and delivery capabilities. Over the past four decades, Praj has focused on environment, energy, and agri‐process industry, with more than 1000 customer references spanning more than 100 countries across six continents. Bio‐Mobility® and Bio‐Prism® are the mainstays of Praj's contribution to the global Bioeconomy. The Bio‐Mobility® platform offers technology solutions globally to produce the renewable transportation fuel, thus ensuring sustainable decarbonization through a circular bioeconomy. The Company's Bio‐Prism® portfolio comprises technologies to produce renewable chemicals and materials, promises sustainability while reimagining nature. Praj Matrix, the state‐of‐the‐art R&D facility, forms the backbone for the company's endeavours towards a clean energy‐based Bioeconomy. Praj's diverse portfolio comprises Bio‐energy solutions, Critical process equipment & skids, Breweries, Zero liquid discharge systems and High purity water systems. Led by accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. Click here for Media Contact Details Priyanka Watane (Chief Manager, Corporate Communications), Praj Industries, [email protected], +91-2066754000 Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Time of India
03-06-2025
- Business
- Time of India
‘Aviation emissions controlneeds strong action by govt'
The success of the global aviation carbon offsetting scheme hinges on govts stepping up to the challenge, said International Air Transport Association (IATA) director general Willie Walsh on Wednesday. As airlines brace for the mandatory offsetting of a portion of international flight emissions from Jan 2027, the big question is whether govts will be able to provide enough carbon credits for airlines to purchase and offset the emissions. Offsetting will put a financial burden on airlines, including those from India. However, the current problem for the airline industry is the dearth of purchase options. "If CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) doesn't work the way it should, it won't be because of a lack of action on the part of airlines; it will be because of a lack of action on the part of govts to make credits available," said Walsh. "We've been talking to govts and we have realised that many of them do not understand their obligation under the ICAO-CORSIA agreement to make eligible units available to us. (ICAO stands for International Civil Aviation Organization.) We're seeing more and more countries now acknowledge that there is a need to play their part, but also acknowledge that this is an opportunity. There are some credits available, but the volume that is required is going to ramp up significantly. We've highlighted this to ICAO. Our obligation is to buy and redeem carbon credits; their obligation is to make it available. We can't fulfil our obligation on this if govts in the first place don't fulfil theirs," he said. While Sustainable Aviation Fuel (SAF) production will double to 2 million tons in 2025, it will only meet 0.7% of airline fuel needs, said IATA. "CORSIA must be successful. It is a credible and verifiable system that requires carbon credits of only the highest standard, making its positive impact on climate unquestionable. But, more govts need to join Guyana, which, to date, is the only state to certify credits for airlines to purchase," said Walsh. "These actions must be accompanied by ringing the alarm bells on SAF production. We need more effective leadership. For govts, that means delivering policy actions and certainty, preferably production incentives, that have a track record of success. Meanwhile, companies that can produce SAF must stop procrastinating and get to work at ramping up production capacity."
