Sustainable Aviation Buyers Alliance Introduces Innovative SAFc Connect Platform for Climate Goals
Today marks an important milestone for sustainable aviation as the Sustainable Aviation Buyers Alliance (SABA) announces the launch of SAFc Connect. This innovative online platform is designed to provide a seamless connection between buyers and sellers of Sustainable Aviation Fuel Certificates (SAFc), playing a crucial role in the decarbonization of the aviation sector.
SAFc Connect is set to enhance liquidity and transparency within the Sustainable Aviation Fuel (SAF) market, thereby accelerating progress towards fulfilling climate goals. Through this platform, corporate buyers will find a flexible and efficient means of investing in high-quality, commercially available SAF, potentially transforming their procurement processes. SABA has indicated that its member companies are already expressing a significant immediate demand for SAF certificates amounting to approximately $30 million, with expectations of increasing this annual demand as SABA membership continues to broaden.
"To achieve the aviation industry's decarbonization targets, it's essential to foster both immediate and long-term investment in sustainable aviation fuels," says Kim Carnahan, CEO of the Center for Green Market Activation and Head of SABA Secretariat. The launch of SAFc Connect marks a vital step in providing a continuous procurement avenue for SAF, while simultaneously setting a solid groundwork for the future growth of the SAF market.
Since its establishment in 2021, SABA has been actively engaging with corporate buyers to aggregate demand, successfully facilitating over $400 million in SAF certificates. This journey has included pioneering initiatives such as pilot procurements and multi-year agreements that supported the distribution of millions of gallons of SAF in the past.
The significance of SAFc Connect lies in its capacity to connect various key players in the SAF ecosystem. Once users log into the platform, they can view all listed offers in a central location, where each offer undergoes thorough vetting by SABA. Offers are accompanied by essential details, including carbon intensity performance metrics, sustainability certification standards, pricing, types of feedstock, fuel classifications, and contract duration. This ensures that SAFc buyers are well-informed, and safety is prioritized through user-controlled permissions, ensuring sensitive data remains confidential.
SAFc providers, on the other hand, gain access to a committed network of corporate buyers focused on making significant environmental impacts promptly. User demands will continually drive the platform's updates, indicating a growing interest in new SAF production and longer-term pricing stability.
Moreover, SAFc Connect operates on SABA's established 'book and claim' model, which separates SAF's environmental benefits from the physical fuel itself. This allows businesses and individual travelers to invest in SAF and accrue environmental benefits, even if the actual fuel is not used on their specific flights. With every purchase of SAF certificates, buyers can report greenhouse gas reductions in their climate disclosures. However, it's important to note that SAFc Connect will exclusively host offers that meet SABA's stringent sustainability criteria.
Participation in SAFc Connect is reserved for SABA members, with specific inquiries directed towards prospective buyers or SAF providers encouraged to explore membership opportunities. In summary, as SABA advances its commitment to uniting buyers and sellers while prioritizing decarbonization strategies, SAFc Connect stands out as a pioneering solution for enriching the sustainable aviation fuel market. For more insights on SABA and membership details, visit their official website or reach out through the provided contact information.
SAFc Connect is set to enhance liquidity and transparency within the Sustainable Aviation Fuel (SAF) market, thereby accelerating progress towards fulfilling climate goals. Through this platform, corporate buyers will find a flexible and efficient means of investing in high-quality, commercially available SAF, potentially transforming their procurement processes. SABA has indicated that its member companies are already expressing a significant immediate demand for SAF certificates amounting to approximately $30 million, with expectations of increasing this annual demand as SABA membership continues to broaden.
"To achieve the aviation industry's decarbonization targets, it's essential to foster both immediate and long-term investment in sustainable aviation fuels," says Kim Carnahan, CEO of the Center for Green Market Activation and Head of SABA Secretariat. The launch of SAFc Connect marks a vital step in providing a continuous procurement avenue for SAF, while simultaneously setting a solid groundwork for the future growth of the SAF market.
Since its establishment in 2021, SABA has been actively engaging with corporate buyers to aggregate demand, successfully facilitating over $400 million in SAF certificates. This journey has included pioneering initiatives such as pilot procurements and multi-year agreements that supported the distribution of millions of gallons of SAF in the past.
The significance of SAFc Connect lies in its capacity to connect various key players in the SAF ecosystem. Once users log into the platform, they can view all listed offers in a central location, where each offer undergoes thorough vetting by SABA. Offers are accompanied by essential details, including carbon intensity performance metrics, sustainability certification standards, pricing, types of feedstock, fuel classifications, and contract duration. This ensures that SAFc buyers are well-informed, and safety is prioritized through user-controlled permissions, ensuring sensitive data remains confidential.
SAFc providers, on the other hand, gain access to a committed network of corporate buyers focused on making significant environmental impacts promptly. User demands will continually drive the platform's updates, indicating a growing interest in new SAF production and longer-term pricing stability.
Moreover, SAFc Connect operates on SABA's established 'book and claim' model, which separates SAF's environmental benefits from the physical fuel itself. This allows businesses and individual travelers to invest in SAF and accrue environmental benefits, even if the actual fuel is not used on their specific flights. With every purchase of SAF certificates, buyers can report greenhouse gas reductions in their climate disclosures. However, it's important to note that SAFc Connect will exclusively host offers that meet SABA's stringent sustainability criteria.
Participation in SAFc Connect is reserved for SABA members, with specific inquiries directed towards prospective buyers or SAF providers encouraged to explore membership opportunities. In summary, as SABA advances its commitment to uniting buyers and sellers while prioritizing decarbonization strategies, SAFc Connect stands out as a pioneering solution for enriching the sustainable aviation fuel market. For more insights on SABA and membership details, visit their official website or reach out through the provided contact information.
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