Asia Pacific Lags Behind Europe in Adopting Sustainable Aviation Fuel: ING

Asia Pacific is facing a lack of uniform policy in transitioning to sustainable aviation fuel (SAF) despite the region accounting for almost 32 percent of global air traffic and more than a third of global jet fuel demand. ING’s research showed that Asia’s initiatives lag behind those of Europe, where the European Union’s ReFuelEU program mandates 6 percent SAF use by 2030. Among APAC countries, only Japan, Singapore, India, Taiwan, and Malaysia have announced clear plans for using SAF. While Australia has yet to announce a specific target, Qantas said it aims for SAF to account for 10 percent of its fuel by 2030 while pushing for a SAF mandate....