Emirates Airlines creates USD 200 mn sustainability fund
The president of Emirates Airlines, Tim Clark, said that with the alternatives for reducing emissions currently available to airlines, the sector will not be able to reach the goals of zero net emissions of pollutants
Emirates, the Dubai-based airline of the United Arab Emirates, announced this Friday (12) it would commit USD 200 million to finance research and development projects to reduce the impact of fossil fuels used by commercial aviation. The amount will be disbursed over three years, and the work will be carried out through partnerships with major organizations operating in advanced fuel and energy technologies.
The president of Emirates Airlines, Tim Clark, said in a release that with the alternatives for reducing emissions currently available to airlines, the sector will not be able to reach the goals of zero net emissions of pollutants within the defined period. He said the segment needs better solutions.
“We are ring-fencing US$ 200 million to invest in advanced fuel and energy solutions for aviation, which is where airlines currently face the biggest impediment in reducing our environmental impact,” he said.
Emirates sustainability policy
Emirates’ environmental policy and strategy focuses its activities on three areas. Emissions reduction, responsible consumption, and the conservation of wildlife and habitats. In January, the company made the first demonstration flight fully fueled with Sustainable Aviation Fuel (SAF) in partnership with Boeing and GE.
Emirates partakes in a series of industry working groups and engages with groups related to sustainable aviation fuel, contributing to developing projects in the area. Its investments in a young and modern aircraft fleet are also part of the commitment to reduce emissions.
Informations by ANBA; edited by Guilherme Nannini