IMPACT on sustainable aviation

🚀 The Net-Zero Financing Challenge in Aviation ✈️ 🌍 by Oliver Clark at Cirium - a member of IMPACT on sustainable aviation Achieving net-zero in aviation by 2050 is a $4.7 trillion challenge, according to International Air Transport Association (IATA). The investment required for new SAF (Sustainable Aviation Fuel) plants alone could soar to $8.1 trillion. Early funding will rely heavily on private equity, even with US incentives like the Inflation Reduction Act. 🔑 Key Takeaways: 1️⃣ Investor Confidence Matters: As Heart Aerospace Aerospace's non-executive chairman John S. Slattery, the value proposition must extend beyond being "greener"—profitability is non-negotiable. 2️⃣ Cost Pressures: SAF producers face high plant costs due to inflation, competing against legacy infrastructure built decades ago. 3️⃣ Leasing Companies Step In: Firms like Jackson Square Aviation are innovating with partnerships that combine financial solutions with SAF delivery. 4️⃣ Corporates Lead the Charge: Future Energy Global CEO Natasha Mann underscores that corporations offsetting Scope 3 emissions will drive SAF adoption. 5️⃣ Banks Shift Priorities: Institutions like MUFG are aligning loans with sustainability targets, emphasizing ESG compliance as a market entry requirement. 🌱 Progress in decarbonizing aviation mirrors broader energy transition lessons: while feasible, it demands coordinated efforts from airlines, financiers, and corporates. As Bruce Fleming puts it, "Investors want their money back—with interest." Let’s explore how sustainable innovation can take flight! We will discuss this at our IMPACT Forum on Dec 2&3, 2024 in London. Oliver Clark Max Kingsley-Jones Richard Evans Conor Murphy Frank Wulf Eduardo Mariz Cortiñas Bryson P. Monteleone Michael Rurik Halaby, FRAeS Jean Chedeville Dr. Ulrike Ziegler Hugo Kanters Jörg Schirrmacher Philipp Goedeking Peter Smeets Jan-Hendrik Petersen Patrick Wellnitz Arnaud Fiscel Sibylle Paehler Ben Hinshelwood Philip Greene Deniz Cetin Billion Jan Melgaard Shanan Gibson, PhD Andrew Doyle Emma Giddings James Collins Guido Schmitz Eric Roedel Benjamin Jüriens Annette Ohler #NetZero #Aviation #Sustainability #SAF #GreenFinance #sustainablefinance #aircraftleasing

🌍The Countdown Is On! 🌍 We’re just days away from the Impact Forum 2024 on December 2 & 3 in London—co-sponsored by WTW and the U.S. Department of Energy (DOE)! This isn’t just another conference; it’s a unique convening platform where leaders, innovators, and scientists come together to drive the transformation toward decarbonization in aviation. 🎤 What sets the IMPACT Forum apart? 🌟 Top-tier speakers from across the industry, research, and policy. 🔬 Renowned scientists will critically evaluate the sector’s progress on sustainability goals. 💡 Actionable insights on solutions, from SAF to cutting-edge technologies. This IMPACT Forum is about more than talk—it’s about real collaboration across stakeholders, creating a roadmap to a sustainable future. The IMPACT Forum is where the conversation on aviation’s decarbonization truly moves forward. Let’s accelerate change—together. 💼✈️ Expect top notch experts: John Rooley, Jim Spaeth, Andreas W. Schäfer, Piers Forster, Mirko Hornung, Rob Miller, David Debney, Hemant Mistry, Basil Gygax, Oriel Petry FRAeS, Steven Barrett, Dan Rutherford, Matt Prescott, Laurent Müller, John-Paul Clarke, Marcella Franchi, David G. Victor, Ingrid Holmes, Alex Philpott, Damien Meadows, Yasar M. Yetiskin, Tom Conlon, Charlotte Dubec ACII, Glenn Morgan, Erwin Nederkoorn, Ewa Oney, Sita Toolan, Leigh Hudson, Sheila Remes, Fred Krupp, Peter Smeets, Arno Zimmermann, PhD, Donal Handley, Elena Schmidt, Dr. Ulrike Ziegler, Regina Pouzolz, Sarah Brodie Michael Rurik Halaby, FRAeS #ImpactForum2024 #Decarbonization #SustainableAviation #Collaboration #Innovation

🌍 Leading the Charge on Aviation's Decarbonization 🌱 👉 We are looking forward to welcoming Senator Marc Pacheco, State Senator at Massachusetts State Senate at the IMPACT Forum, co-sponsored by U.S. Department of Energy (DOE) and WTW on Dec 2&3, 2024 in London. 🎯 As a pioneering subnational policymaker on climate change, Marc has been at the forefront of transformative environmental legislation in Massachusetts. In 2008, he authored and sponsored the landmark Global Warming Solutions Act, the first law in the state's history to mandate reductions in carbon emissions. This groundbreaking legislation paved the way for continued climate progress. 🎖Senator Pacheco, an Al Gore Climate Messenger, has long championed the urgency of addressing climate change. His unwavering commitment to advancing clean, renewable energy underscores his vision for a sustainable future which has also led to the founding of the Transatlantic Climate Alliance earlier this year. Now, more than ever, we need to work together and build alliances across borders. Hugo Kanters Bryson P. Monteleone Michael Rurik Halaby, FRAeS Jörg Schirrmacher Jean Chedeville Dan Rutherford Marcella Franchi Arno Zimmermann, PhDFred Krupp Sheila Remes John-Paul Clarke Damien Meadows Yasar M. Yetiskin Alex Philpott David G. Victor Laurent Müller Matt Prescott Matthew Gorman Leigh Hudson Jonathon Counsell Sita Toolan Ewa Oney Glenn Morgan Erwin Nederkoorn Tom Conlon John Rooley Jim Spaeth Ingrid Holmes Piers Forster Steven Barrett Andreas W. Schäfer Mirko Hornung David Debney Hemant Mistry Basil Gygax Oriel Petry FRAeS Donal Handley Let’s recognize and support leaders driving impactful change for our planet. 🌎 ✨ #ClimateAction #NetZero #RenewableEnergy #impactforum #sustainablefinance #sustainability #aviation #aircraftleasing

🛫 🌎 NZBA member banks CBA, HSBC, ING, MUFG and Natixis support the IMPACT Forum 🌎 🛫 📢 The inaugural Aviation Climate Stocktake Forum (IMPACT Forum) on Dec 2&3, 2024, organized by IMPACT on sustainable aviation and co-sponsored by U.S. Department of Energy (DOE) and WTW, is set to bring industry leaders, policymakers, scientists, and financial experts together in December for a powerful, science-led evaluation of aviation’s journey towards Net Zero by 2050.   👉 The IMPACT Forum's purpose underscores the importance of TRANSPARENCY, ACCOUNTABILITY, and CROSS-SECTOR AND CROSS-BORDER COLLABORATION and MOBILIZATION OF FUNDING FOR DECARBONIZATION TECHNOLOGIES to achieve ambitious climate goals. This event uniquely addresses aviation’s specific decarbonization challenges, aiming to bridge the gaps between current emissions and the Net Zero target.    United Nations Environment Programme Finance Initiative (UNEP FI) NZBA member banks Commonwealth Bank, HSBC, ING, MUFG and Natixis Corporate & Investment Banking who are members of IMPACT, support the IMPACT Forum as its purpose is closely aligned with the core objectives of the NZBA namely 🔎 Transparency & accountability, 🤝 Supporting clients in transition, 🤳 Collaboration and knowledge sharing and 📜 Long-term commitment to Net Zero by 2050.   🔍 The IMPACT Forum will facilitate evidence-based recommendations, influencing policy and financing pathways that can drive sustainable innovation and "bankable" decarbonization projects, a crucial step for maintaining aviation’s access to long-term capital. The IMPACT Agenda 2030, launching during the event, will outline cooperative principles and action priorities essential for tangible progress.   🤝 As a significant milestone in sustainable finance, the IMPACT Forum represents an unparalleled opportunity to reinforce the aviation sector's commitment to a sustainable future, foster cross-stakeholder dialogue, and contribute to aviation’s goal of Net Zero 2050. Ben Hinshelwood Conor Murphy Michael Rurik Halaby, FRAeS Hugo Kanters Dr. Alexander Spannuth Jean Chedeville Deniz Cetin Billion Philip Greene Jörg Schirrmacher Bryson P. Monteleone Paul Sheridan Dr. Ulrike Ziegler Christopher Chaput Christopher Surgenor Erwin Nederkoorn Henry Rushton Sabrina A. Paolo Lironi John Pearson Deniz Cetin Billion Matteo Mirolo Jim Spaeth Charlotte Dubec ACII John Oliver Geldner Tom Dreckmann Laura M. Glenn Morgan Arnaud Fiscel Jonathon Counsell Claudia Huegel #netzero #sustainability #sustainablefinance #sustainableaviation #sustainableleasing #aviation

🌍✈️ Policymakers: A Key Stakeholder of Aviation's Decarbonization Journey ✈️🌍 Sustainable Aviation Fuel (SAF) is at the heart of the aviation industry’s quest to achieve net-zero emissions by 2050. It’s availability in large volumes is paramount to achieving the ambitious goal of Net Zero by 2050. This requires better use of the decarbonization ecosystem to mobilize much needed funding. “It is essential that we leverage the know-how of all key stakeholders to address the gaps and develop solutions for aviation’s decarbonization”, says Jim Spaeth, U.S. Department of Energy (DOE) De which is a co-sponsor of the IMPACT Forum. A non-commercial event, the IMPACT Forum on December 2-3, 2024, brings together policymakers, scientists, industry, and financiers to accelerate aviation’s path toward a sustainable future. A must-attend for those committed to making a difference in the aviation sector. 👏 Key Highlights: 📌 Day 1: Insights from world-class scientists and experts on aviation’s decarbonization status and the opportunities ahead. 🤝 Day 2: Collaborative roundtables crafting the IMPACT Agenda 2030, driving tangible, actionable outcomes. Michael Rurik Halaby, FRAeS Barry Moss Jörg Schirrmacher Damien Meadows Alex Philpott Yasar M. Yetiskin Ingrid Holmes Joshua Garton Jane Thompson Hugo Kanters Jean Chedeville Bryson P. Monteleone Jan Melgaard Peter Smeets Arnaud Fiscel Eric Roedel Deniz Cetin Billion Philip Greene Ben Hinshelwood Sita Toolan Donal Handley Philipp Goedeking Tom Conlon Richard Evans Barry O'Sullivan James Collins Emma Giddings John Pearson Christopher Surgenor Laura M. Hal Calamvokis Anna Stukas Arno Zimmermann, PhD Kata Cserep Oriel Petry FRAeS Basil Gygax Regina Pouzolz Elena Schmidt #IMPACTForum #NetZero2050 #SustainableAviation #Decarbonization #AviationFinance #SAF #ClimateAction #sustainability #sustainablefinance

🚀 Leading the Charge Towards Sustainable Aviation: Heart Aerospace’s Vision for Net-Zero 🌍✈️ Interesting article by Christina Zander, Head of Communications at Heart Aerospace for IMPACT on sustainable aviation, where Heart Aerospace outlines a roadmap for achieving the aviation industry's net-zero emissions target by 2050. As our skies become increasingly filled, Heart Aerospace emphasizes that minor efficiencies and incremental changes will no longer suffice to meet these ambitious goals. 🌿 Key insights: 💡 The current global fleet risks consuming nearly half of the aviation sector's remaining carbon budget before 2050, according to the @ICCT. This calls for transformative changes in aircraft design, production, and industry collaboration. 🛫 Heart Aerospace’s hybrid-electric ES-30, optimized for regional flights, could play a pivotal role in transforming regional air travel by virtually eliminating emissions for routes up to 200km and achieving substantial fuel savings on longer flights. ✨ The recent unveiling of the Heart X1 demonstrator marks an important step toward this future, representing a scalable, innovative approach to production. And plans are underway for the pre-production Heart X2 which will further refine both the aircraft design and the production methods. 🛠️🤝The aviation industry’s journey to net-zero is a collective endeavor. By fostering stronger partnerships and pushing the boundaries of technology, we can chart a sustainable course forward. Check out the full article 📌 https://lnkd.in/d2PypSTu Bryson P. Monteleone Michael Rurik Halaby, FRAeS Jörg Schirrmacher Philipp Goedeking Peter Smeets Jean Chedeville Hugo Kanters Dr. Ulrike Ziegler Conor Murphy Max Kingsley-Jones Eduardo Mariz Cortiñas Frank Wulf Christian Mailly Sibylle Paehler James Collins Deniz Cetin Billion Philip Greene Finlay G. Oliver Geldner Benjamin Jüriens Christophe Mostert Eric Roedel Patrick Den Elzen Paul Sheridan Richard Evans Barry Moss Barry O'Sullivan Patrick Wellnitz Shanan Gibson, PhD Jihong He Jan Melgaard #SustainableAviation #NetZero #HeartAerospace #AviationInnovation #sustainability #aircraftleasing#sustainablefinance

🌍 Join the Discussion on Decarbonizing Aviation! 🌍 At the IMPACT Forum this December 2-3, hosted by IMPACT on sustainable aviation and co-sponsored by the U.S. Department of Energy (DOE) and WTW, we’ll gather with leading minds in science, policy, and industry to assess aviation’s path to Net Zero by 2050. The event will cover crucial topics like: 🔖 Policies and governance for sustainable aviation, examining market-based and regulatory actions to decouple emissions from capacity growth and fairly distribute transition costs. Insights from David G. Victor (UC San Diego School of Global Policy and Strategy (GPS), setting the stage. An expert roundtable moderated by Ingrid Holmes(Green Finance Institute), with reflections from ✅ Wilhelm Eschweiler, German Federal Ministry of Digital and Transport ✅ Jim Spaeth, U.S. Department of Energy (DOE) ✅ Alex Philpott, Department for Transport (DfT), United Kingdom ✅ Damien Meadows, European Commission's Directorate-General for Climate Action As we tackle challenges to make long-term decarbonization investments sustainable and actionable, this forum promises impactful dialogue and innovative solutions to drive change in aviation. Looking forward to meaningful exchanges and collaborative action! Jean Chedeville Hugo Kanters Michael Rurik Halaby, FRAeS Jörg Schirrmacher Bryson P. Monteleone Peter Smeets Jan Melgaard Shanan Gibson, PhD Andreas W. Schäfer Arnaud Fiscel Patrick Den Elzen Patrick Wellnitz Benjamin Jüriens Deniz Cetin Billion Ben Hinshelwood Claudia Ziemer Guido Schmitz Emma Giddings James Collins Barry Moss Barry O'Sullivan Richard Evans Andrew Doyle #SustainableAviation #NetZero2050 #Decarbonization #IMPACTForum #sustainability #sustainablefinance #aircraftleasing #sustainableleasing

🌍 Join the Discussion on Decarbonizing Aviation! 🌍 At the IMPACT Forum this December 2-3, hosted by IMPACT on sustainable aviation and co-sponsored by the U.S. Department of Energy (DOE) and WTW, we’ll gather with leading minds in science, policy, and industry to assess aviation’s path to Net Zero by 2050. The event will cover crucial topics like: 🔖 Policies and governance for sustainable aviation, examining market-based and regulatory actions to decouple emissions from capacity growth and fairly distribute transition costs. Insights from David G. Victor (UC San Diego School of Global Policy and Strategy (GPS), setting the stage. An expert roundtable moderated by Ingrid Holmes(Green Finance Institute), with reflections from ✅ Wilhelm Eschweiler, German Federal Ministry of Digital and Transport ✅ Jim Spaeth, U.S. Department of Energy (DOE) ✅ Alex Philpott, Department for Transport (DfT), United Kingdom ✅ Damien Meadows, European Commission's Directorate-General for Climate Action As we tackle challenges to make long-term decarbonization investments sustainable and actionable, this forum promises impactful dialogue and innovative solutions to drive change in aviation. Looking forward to meaningful exchanges and collaborative action! Jean Chedeville Hugo Kanters Michael Rurik Halaby, FRAeS Jörg Schirrmacher Bryson P. Monteleone Peter Smeets Jan Melgaard Shanan Gibson, PhD Andreas W. Schäfer Arnaud Fiscel Patrick Den Elzen Patrick Wellnitz Benjamin Jüriens Deniz Cetin Billion Ben Hinshelwood Claudia Ziemer Guido Schmitz Emma Giddings James Collins Barry Moss Barry O'Sullivan Richard Evans Andrew Doyle #SustainableAviation #NetZero2050 #Decarbonization #IMPACTForum #sustainability #sustainablefinance #aircraftleasing #sustainableleasing

🗓 Less than four weeks to the IMPACT Forum. 👉 "WTW are delighted to be working in partnership with IMPACT on sustainable aviation to host their inaugural IMPACT Forum in December, which is an important event to bring together the aviation sector. Top scientists, industry leaders, and policymakers will collaborate to conduct a thorough assessment of the gaps in aviation's path to achieving Net Zero by 2050. Decarbonization is not just a goal but a necessity, with significant implications for credit and risk management if we fail to act. This Forum is critical for developing the concrete actions needed to address this paramount challenge.", John Rooley, CEO of WTW Global Aviation & Space. 📣 The IMPACT Forum will be a vital platform to discuss the financial risks for insurers and the broader industry in the absence of decisive action on climate. ✅ Together, we aim to develop concrete strategies to address these challenges. We, IMPACT on sustainable aviation, are excited to have a great line-up of experts. Stay tuned for more updates! #NetZero2050 #Aviation #Decarbonization #IMPACTForum #Sustainability #RiskManagement #sustainablefinance #sustainableaviation #leasing #aircraftleasing #transitionfinance Jean Chedeville Hugo Kanters Bryson P. Monteleone Jörg Schirrmacher Michael Rurik Halaby, FRAeS Andreas W. Schäfer Jihong He Shanan Gibson, PhD Jan Melgaard Dan Rutherford Piers Forster Mirko Hornung David Debney Hemant Mistry Steven Barrett Matt Prescott John-Paul Clarke Laurent Müller David G. Victor Ingrid Holmes Damien Meadows Jim Spaeth Alex Philpott Tom Conlon Karl Griffin Glenn Morgan Ewa Oney Sheila Remes Arno Zimmermann, PhD Dr. Mathias Bösl Peter Smeets Laura M. Fred Krupp Charlotte Dubec ACII Daniel Bannister Anusha Vamadeva

🌍✈️ The Path to Net-Zero: Decarbonizing Aviation 🎬 "The aviation industry has committed to achieve net-zero CO2 emissions by 2050 to contribute to the Paris Agreement. But airlines remain heavily reliant on fossil fuels, so governments will need to adopt ambitious policies to promote low carbon fuels, to boost fuel efficiency, and to moderate traffic growth in mature markets. In tandem, work is needed to attract an estimated $6 trillion in new investments through 2050." — Dan Rutherford at The International Council on Clean Transportation. 🏁 At the upcoming IMPACT Forum on Dec 2 & 3, 2024 in London, co-hosted by IMPACT on sustainable aviation, the U.S. Department of Energy (DOE) and WTW, leaders from science, policy, and finance will convene to address exactly these challenges. This two-day event is a unique platform for candid discussion about the progress gaps in aviation's decarbonization journey. As Dan highlighted, initiatives like these are crucial in fostering cooperation to mobilize both attention and capital toward sustainable aviation solutions. 🤝 The aviation sector's decarbonization is a task too vast for any one stakeholder. Together, with targeted policy, innovative financing, and impactful industry actions, we can shape a more sustainable future. Engage! Hugo Kanters Bryson P. Monteleone Jörg Schirrmacher Jean Chedeville Michael Rurik Halaby, FRAeS Philipp Goedeking Dr. Ulrike Ziegler Shanan Gibson, PhD Jan Melgaard Andreas W. Schäfer Jihong He #sustainability #impactforum #sustainableaviationfuel #saf #sustainablefinance #aircraftleasing #aircraft #aviation #decarbonization #netzero