May 31, 2022.- COCESNA, through the Air Transport and Environment Management, presented on May 27 at the Ordinary Meeting of the CLAC Environment Adhoc group; jointly with the International Air Transport Association (IATA), the study note “Need to promote a comprehensive regulatory scheme for the development of Sustainable Aviation Fuels” This note makes an important recap of important moments on this subject, since since the 38th session, the use of alternative aviation fuels was supported, in particular the use of direct replacement alternative fuels, as an important means of reducing emissions of aviation, through resolution A37-19 “Consolidated statement of the permanent policies and practices of ICAO related to the protection of the environment — Climate Change”. Reiterating and reaffirming said commitments in the A38-18, A39-2 and A40-18. It is important to highlight that this element is manifested again in section 2.1 of the recent feasibility report (LTAG) on the reduction of CO2 emissions from international civil aviation, published in March 2022.
After its analysis, this note concludes that the SAFs represent a great opportunity for the States of the Latin American region to promote highly profitable investment opportunities in the medium and long terms in environmental, economic and social matters. However, for this it is necessary that ICAO be able to induce a standards architecture that includes at least some of the following elements: Promote financing through global environmental and climate funds for technological and economic resources such as loans and capital grants. Create lasting regulation to protect investor confidence in the financing of new production plants, given the region’s political and economic vulnerability. Consider the creation of a system of multipliers to value investments and certificates of avoided pollution in the international aviation sector, which could stimulate research and investment in this field. Promote the development of research and development processes for the PAS supply chain.