How much do you know about the aviation industry's push for sustainable finance?

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Questions and Answers

Why does the aviation industry want new aircraft powered by jet fuel to be classified as green investments?

The industry argues that new planes should be considered sustainable even if they burn jet fuel because of lower emissions per passenger.

How is Airbus pushing for the reduction of carbon emissions in the aviation sector?

Airbus is advocating for increased production and use of sustainable aviation fuel, which could reduce carbon emissions by up to 80%.

What is the concern of Airlines for Europe and IATA regarding the exclusion of aviation from sustainable finance criteria?

Airlines for Europe and IATA warn that the exclusion of aviation would signal banks to reconsider activities in the sector.

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Study Notes

  • Aviation industry wants new aircraft powered by jet fuel to be classified as green investment
  • Airbus' order book could be considered 90% green under EU's sustainable finance criteria
  • Industry argues new planes should be sustainable even if they burn jet fuel due to lower emissions per passenger
  • European policymakers considering response to US Inflation Reduction Act to encourage investment in green tech
  • Aviation industry is difficult to decarbonize due to cost and limitations of alternative fuels
  • Airbus pushing for increased production and use of sustainable aviation fuel to reduce carbon emissions by up to 80%
  • Compliance with sustainable finance criteria depends on airlines' uptake of SAF and upgrade of old aircraft
  • Airlines for Europe and IATA warn exclusion of aviation would signal banks to reconsider activities in the sector
  • Climate campaigners criticize the move as a "huge act of greenwashing"
  • Debate ongoing on how to classify investments in new planes under sustainable finance criteria

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