Energy Web Foundation and its cofounder RMI are building a blockchain-based SAFc registry for sustainable aviation fuel (SAF) certificates. The goal is to increase transparency and promote the use of more sustainable fuels. Current SAF production levels are insufficient for corporates that want their staff to fly more sustainably.
The work is part of a project for the Sustainable Aviation Buyers Alliance (SABA), founded by numerous big names: Bank of America, Boston Consulting Group, Boeing, Deloitte, Meta, JP Morgan, McKinsey & Co, Microsoft, Netflix and Salesforce.
Sustainable aviation fuel is made from renewable sources such as plant or animal material, used cooking oil and waste. In terms of CO2 emissions, it can be up to 80% less polluting than conventional fuels. And because SAF isn’t that different from conventional fuels, it can be mixed with them and used without modifying engines. However, currently SAF makes up a fraction of 1% of total fuel usage.
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