Reducing aviation’s climate impact: Impact on Sustainable Aviation and aireg cooperate

6. May 2024

Frankfurt am Main and Berlin, May 06, 2024 – The association impact (impact on Sustainable Aviation e.V.) and the aviation initiative aireg (Aviation Initiative for Renewable Energy in Germany) have signed a cooperation agreement to work together to accelerate the market ramp-up of Sustainable Aviation Fuels (SAF).

Ulrike Ziegler, Chairwoman of the impact Board, emphasizes the relevance of the cooperation. “The decarbonization of civil aviation requires annual investments of around USD 175 billion by 2050, making the involvement of financiers an indispensable prerequisite. Cooperation and collaboration with aireg, an important stakeholder, is essential in order to take account of the excessive complexity of the SAF ecosystem and the risk profile of SAF projects. We look forward to working and exchanging ideas with aireg and are confident that together we can make an important contribution to achieving Net Zero.”                           

Siegfried Knecht, Chairman of the aireg Board, emphasizes the importance of this agreement, “Aviation is essential for global mobility, but it is extremely difficult to mitigate its climate impact. Financial measures and contributions from private investors are needed to effectively accelerate the market ramp-up of SAF. This is why the cooperation with impact, which, like aireg, is pursuing the goal of supporting aviation in becoming more sustainable, is particularly important. I am very much looking forward to the cooperation that has now been agreed on. With the combined forces of our members on both sides, we can drive forward the defossilization of aviation and get closer to the goal of Net Zero.”

About impact on Sustainable Aviation e.V.:
impact on sustainable aviation e.V. (“impact”) was founded in 2022 as a non-profit association. Impact pursues the purpose of promoting climate protection in the field of civil aviation and will support those involved in the civil aviation industry in contributing to the effective reduction of CO2 emissions in civil aviation in line with the Paris climate protection goals in a sustainable manner and within the framework of a competitive economic order. The business activities of the members range from the provision of equity or debt capital or the structuring of financing, investments and/or leasing models for airlines and aviation infrastructure operators (in particular banks, leasing companies, insurance companies, pension funds, investment funds and aviation asset management companies) to teaching and research in the field of aviation.

About aireg e.V.:
aireg – Aviation Initiative for Renewable Energy in Germany e.V. was founded in 2011 as an association of companies and organisations from industry, research and science. As a non-profit initiative, aireg is committed to the availability and use of renewable energies in aviation in order to achieve the ambitious CO₂ reduction targets of the aviation industry. The members come from all areas of the value chain of renewable energies for aviation: This ranges from research at universities and large research institutions, plant manufacturers and operators, biorefineries, the petroleum industry, engine and aircraft manufacturers, governmental organisations, non-governmental organisations and airports to airlines. The industrial members internationally cover a broad international spectrum, from start-ups to large corporations.

For further information:

Ulrike Ziegler
Chairwoman of the Board

 aireg e.V.
Maren Berthold
Research Associate

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