The International Air Transport Association’s (IATA) second World Sustainability Symposium (WSS) will focus on actions needed to achieve the airline industry’s commitment to net-zero CO2 emissions by 2050. The event will take place in Miami, USA on 24-25 September 2024, hosted by American Airlines. “Sustainability is an existential challenge for humanity as it is for our airline industry. Achieving net-zero CO2 emissions by 2050 is a big and complex task. But working together with the broader aviation industry, and with the support of governments, we will get there. WSS is a unique opportunity to bring all stakeholders together to learn, align and take the critical actions needed to galvanize our determination and accelerate progress,” said Willie Walsh, IATA’s Director General. Key elements to help achieve net-zero CO2 emissions by 2050 being addressed at the WSS include: Decarbonization: Focusing on aviation’s transition to net-zero CO2 emissions, including how to develop, scale, and deliver the solutions necessary to decarbonize aviation over the 25 years to 2050. Discussions will address how to build the markets for Sustainable Aviation Fuel (SAF), carbon removals, and other nascent technologies, and the challenges involved in financing such projects. Innovation and Technology: Exploring new aircraft technologies and operational innovations with a focus on the practical aspects of implementing new technologies rapidly to advance the industry’s net-zero CO2 emissions goal. Policy and Regulation: Examining the global policy landscape aimed at achieving net-zero CO2 emissions, particularly related to SAF, and the complexities of aligning global regulations and harmonizing SAF policies to scale up production and deployment. Finance and Transparency: Looking at investment challenges; what are the difficulties and opportunities in financing renewable energy projects and SAF production, and how to …
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