Shell-backed platform aims to drive funds into nascent Sustainable Aviation Fuel sector, while enabling airlines and business travellers to claim transport emissions reductions
A new blockchain platform has been launched that aims to offer airlines a way to sell Sustainable Aviation Fuel (SAF) credits to business customers, with the revenue channelled into supporting the development of the nascent lower carbon fuel sector.
Oil and gas major Shell, professional services giant Accenture, and corporate travel agency American Express Global Business Travel (Amex GMT) this morning launched Avelia, a platform which will enable airlines to sell credits for SAF that has already been delivered into the global aviation fuel network to corporate travellers in a transparent and traceable manner.
The hope is that both airlines and business travellers looking to reduce their climate impact and meet net zero goals will jump at the opportunity to use the platform to help boost the adoption of...
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