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Buyers alliance commits US$200 million to scale up sustainable aviation fuel

The collection of deals use SAF certificates to signal demand for clean fuel.
Melodie Michel
Buyers alliance commits US$200 million to scale up sustainable aviation fuel

The Sustainable Aviation Buyers Alliance (SABA) has announced US$200 million worth of sustainable aviation fuel certificate purchase agreements aiming to support the scale-up of clean fuel technologies.

The collection of deals will see companies including AstraZeneca, Autodesk, Bain & Company, BCG, Deloitte, JPMorgan Chase, Live Nation, McKinsey, Meta, Morgan Stanley, Netflix, Novo Nordisk, Samsung Biologics, Watershed and Workday buy the equivalent of about 50 million gallons of sustainable aviation fuel (SAF) in the form of certificates over the next five years.

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