WEF, Temasek’s GenZero launch initiative to scale SAF in APAC
The initiative is backed by Boeing, Qantas Group, and Singapore Airlines.
The World Economic Forum (WEF) and Temasek’s GenZero have launched a new initiative designed to scale demand for Sustainable Aviation Fuels (SAF) in the Asia-Pacific (APAC) region.
The Green Fuel Forward initiative aims to advance aviation decarbonisation and catalyse demand for SAF. It also seeks to drive innovation and the commercialisation of emerging SAF production technologies.
Organisations including Boeing, Qantas Group, and Singapore Airlines have confirmed their participation in the initiative.
Activities in Green Fuel Forward’s pipeline to spur demand for SAF include workshops and practical guidance to help organisations navigate key topics such as environmental integrity, book-and-claim systems, and reporting practices for SAF and SAF certificates (SAFc).
According to WEF, Asia-Pacific is a prime market for scaling SAF due to its rapidly growing aviation sector, abundant feedstock resources for green fuel production, and increasingly favourable government and industry support.
Notably, Singapore, Australia, and Japan are amongst the regional countries implementing supportive policy initiatives to encourage faster decarbonisation in the aviation sector.
“Green Fuel Forward can provide the technical clarity and corporate commitment needed to scale SAF adoption by bringing together key industry players to drive the market forward. By mobilising corporates and airlines, we can create the certainty needed to spur innovation, scale production, and make lower-emission flights a reality,” Frederick Teo, CEO of GenZero said.