Estonia and Latvia Collaborate on Sustainable Aviation Fuels Project
Key Ideas
- Estonia and Latvia are working together on a project to explore sustainable aviation fuels with funding from the European Commission.
- The initiative aims to reduce carbon emissions in the aviation sector and enhance the competitiveness of both countries in the industry.
- Key industry stakeholders will be interviewed to analyze fuel production opportunities, technologies, and provide recommendations for policymakers.
- The project, managed by PwC and partners, aligns with EU regulations that require an increase in sustainable jet fuel usage starting in 2025.
Estonia and Latvia have embarked on a joint initiative to investigate the potential for generating sustainable aviation fuels in their respective countries. With 200,000 euros allocated to each nation by the European Commission, this project is poised to pave the way for greener aviation practices. Taivo Linnamägi, from the Ministry of Climate, emphasized the pivotal role sustainable aviation fuels can play in reducing emissions within the sector. By conducting interviews with key stakeholders and conducting in-depth analyses, the project seeks to present comprehensive insights into fuel production prospects and technologies, tailored to each country. Furthermore, the initiative will offer recommendations to boost the competitiveness of both nations in aviation, aiding policymakers in implementing strategies to achieve climate objectives. Sustainable aviation fuels, including biofuels and hydrogen fuels, are poised to revolutionize the industry by offering environmentally friendly alternatives. The European Union's support for sustainable aviation fuel is underscored by a recent regulation mandating an increase in the use of eco-friendly jet fuels in the region from 2025. Led by PwC and partners like the law firm TRINITI, this project, scheduled to conclude on November 30 next year, is an essential step toward curbing carbon emissions in aviation and reducing its environmental footprint.
Topics
Aviation
Environmental Impact
Collaboration
Biofuels
Regulation
Sustainable Aviation
European Commission
PwC
TRINITI
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