The International Air Transport Association (IATA) has launched a non-profit organization to manage the sustainable aviation fuel registry, it said March 24.
The organization, which represents some 340 airlines, said the Civil Aviation Decarbonization Organization (CADO) will operate within its headquarters in Montreal.
The registry will record SAF transactions in a transparent manner, IATA said. It plans to track the environmental benefits of SAF across the value chain, and will allow airlines to apply their use of SAF towards regulations. The registry will also connect producers and suppliers across geographies, as SAF remains in short supply.
“CADO will turbo-charge the imminent launch of the IATA-developed SAF Registry,” Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist, said in a statement.
“Its mandate is to manage the SAF Registry as a separate entity from IATA with an open and global approach that supports the scrutiny needed to build trust among all stakeholders.”
Governments are also welcome to join CADO, Thomsen said. The IATA is also inviting states or quasi-state organizations, as well as organizations operating or contributing to the SAF supply chain, to join. Membership will be free until 2027, after which fees will be determined on a cost recovery basis.
“The industry’s commitment to build the Registry and establish CADO to manage it should inspire governments, fossil fuel producers, and investors to engage in the SAF market with commensurate vigor,” IATA’s Director General Willie Walsh said.
“Ramping up SAF production is the common goal, and the structure we are putting in place with CADO is an important step in moving decarbonization forward.”
