The sustainable future of aviation used to be on the centre of discussions for the length of ALTA Aviation Legislation Americas with the panel “Overcoming Environmental Challenges in Aviation.”
Experts talked about progress within the provision of sustainable aviation fuels (SAF), business commitments on environmental issues; besides to the factual implications and the need for regulatory harmonization, that are well-known to make certain an effective transition within the aviation sector.
Milena Fajardo, Director of Fuels and Sustainability at ALTA, moderated the panel and highlighted that, in impart to face the environmental challenges of aviation, you can deserve to prioritize a coverage to wait on SAF, as opposed to mandates. “Latin The US and the Caribbean face explicit and particular conditions reminiscent of air pollution trajectories, buying energy and the stage of passenger visitors that nearly all effective represents 5.8% worldwide – which make it considerable for our countries to place into effect roadmaps differentiated from other developed States. Therefore, the authorities must imagine the complete considerable capabilities so that public insurance policies are doubtlessly the most based totally on local realities,” Fajardo added.
The need for cooperation between business and governments used to be bolstered by Oracio Marques, IATA’s Regional Director of External Affairs and Sustainability for Latin The US and the Caribbean. He explained that this partnership is well-known to conquer regulatory and operational challenges, promoting the utilization of SAF as a key piece within the environmental roadmap. “We comprise to beef up the deserve to balance SAF export regulations in countries reminiscent of Brazil, Paraguay and Colombia, guaranteeing that home and foreign seek recordsdata from is sufficiently met.”
Carolina Betancort, Supervisor of New Biorenewable Companies at BioD S.A., highlighted Latin The US’s possible for SAF manufacturing, given procure admission to to raw materials. Essentially based totally on Betancort, a unparalleled regulatory framework, financial incentives, and public-inside most partnerships are well-known to make these projects viable within the plight.
The relevance of the position of ESG diagnostics within the introduction of regulatory frameworks adapted to the realities of every country used to be addressed by Eliseo Llamazares, Companion and Aviation Leader at KPMG. “At the present time, the need for global financing and favorable fiscal insurance policies to make SAF projects viable in Latin The US indicates that factual uncertainty is a discipline that must be overcome to attract investors.”
For Eduardo Macedo, Director of Public Affairs and Institutional Kin at LATAM Brazil, regional integration represents a aggressive advantage for Latin The US and the Caribbean. On the opposite hand, the estimated designate of SAF manufacturing remains excessive. “The field is committed to reaching zero emissions by 2050 and we’re collaborating in numerous initiatives to meet this discipline. All people recognizes that the motivations for sustainability are straight linked to this route of. Even supposing important, we must imagine other measures, reminiscent of operational efficiency, air visitors optimisation, the pattern of new applied sciences and, especially, carbon offsets to attach neutrality.”
Irrespective of the important challenges, the specialists highlighted that Latin The US has mountainous possible to handbook the transformation of sustainable aviation. With huge pure sources and privileged procure admission to to raw materials, the plight can develop into one in every of the principle global poles of SAF manufacturing. On the opposite hand, to attain this possible, it will likely be considerable to conquer regulatory and financial barriers, reminiscent of the introduction of unparalleled factual frameworks, the provision of fiscal and financial incentives.
