Acelen Renewables and the International Air Transport Association (IATA) signed a Memorandum of Understanding (MoU) on Wednesday (10) to expand cooperation on initiatives aimed at the aviation energy transition and the development of the Sustainable Aviation Fuel (SAF) market. The agreement was signed during the IATA Annual General Meeting (AGM) and the World Air Transport Summit (WATS), held in Rio de Janeiro, considered the main global meeting of the aviation industry. According to the entities, the partnership foresees collaboration in actions aimed at advancing the SAF market, participation in technical forums and working groups, knowledge exchange and alignment on regulatory issues considered strategic for the decarbonization of the aviation sector. IATA estimates that SAF could account for approximately 65% of the emissions reduction needed for aviation to achieve the carbon neutrality target by 2050. For this, global fuel production will need to reach around 500 million tons per year by mid-century. Currently, SAF (Sugarcane Agroforestry System) is cited by the industry as the main tool for reducing carbon dioxide (CO₂) emissions from air transport. The partnership also reinforces the strategy of Acelen Renováveis, which is developing one of the world's largest renewable fuel projects in Bahia. The company foresees investments exceeding US$ 3 billion in its first integrated unit. The project includes a biorefinery with the capacity to produce 1 billion liters of SAF and Hydrotreated Vegetable Oil (HVO) annually, as well as the development of an agricultural chain based on the cultivation of macauba palm in degraded areas.
This text was translated by machine from Brazilian Portuguese.