• Twelve months on, what key issues have airlines, lessors and banks been addressing?
• What are the expectations from policy makers and regulators for the industry? Are milestones being met?
• What measures are being put in place to deepen dialogue between industry and policy makers to ensure successful decarbonisation outcomes can be reached?

Damien Meadows

Advisor on European and International Carbon Markets, DG Clima, EU

Rob Griggs

Policy and Public Affairs Director, Airlines UK

Jonathon Counsell

Group Head of Sustainability, IAG

Hemant Mistry

Net Zero Transition Director, IATA

Jan Melgaard

Executive Chairman, FPG Amentum

Jörg Schirrmacher

Member of Impact’s Board of Directors, Head of Transport Finance, Helaba

Moderator

Christopher Brown

Partner, Aviation Strategy, KPMG Ireland

While effective carbon pricing is generally considered to be essential for achieving climate goals, it has sometimes been resisted by airline representatives. This session will outline the ways in which the EU Emissions Trading System is encouraging emission reductions. Apart from its price incentive for the use of SAF, there is €1.6 billion funding available from January this year - on a first-come first-served basis - to cover up to 100% of the price difference for the uptake of SAF.

The EU ETS also has an Innovation Fund, where a €4 billion call is currently open for innovative proposals, including – for the first time - to reduce aviation’s non-CO₂ effects that make up around 2/3 of its total climate impacts. Funding is already taking place for the construction of bio-fuel and e-fuel production facilities, as well as for battery development at airports. These incentives are being rolled out on a continuing basis, and could be expanded and improved over time in the light of experience.

• How do you access these funds, what is the criteria?
• What numbers are we talking about?
• Who is eligible to apply?

Damien Meadows

Advisor on European and International Carbon Markets, DG Clima, EU