123Carbon on importance of accurate SAF data collection

Cargo Facts Connect

Content provided by Molly Stewart and Cargo Facts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Molly Stewart and Cargo Facts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

3M ago 16:22

MP3•Episode home

IATA and carbon-inset platform 123Carbon are developing interoperability between their sustainable aviation fuel registries to increase transparency, avoid emissions reporting errors and streamline certificate management.

The IATA SAF Registry, scheduled to launch in April, aims to help create a global SAF market, IATA stated in January. The registry is designed to enable airlines to document SAF benefits to show compliance with regulatory and voluntary obligations.

The interoperability will focus on three elements:

Unique coding and alignment of relevant data points to exchange between registries;
A process for the exchange of information to avoid double issuance; and
A dispute resolution process.

“Registry interoperability can be quite a few things,” Jeroen van Heiningen, founder and managing director of 123Carbon, says in this week’s episode of “Cargo Facts Connect.” “What we’re doing now is to avoid the redundancies and the double issuance, so to make sure that fuel is not registered on a registry twice, [which could] lead to double counting. It also means that we are aligning the data models that we are using. We’re using the same taxonomy and using the same wording.”

123Carbon’s platform supports fuel suppliers, fleet operators, forwarders and cargo owners in the issuance, management and transfer of environmental attribute certificates (EAC). EACs represent carbon reductions that have been achieved, such as those achieved through SAF, and are then allocated to freight forwarders, cargo owners and others.

The company also offers a book-and-claim solution to SAF suppliers and airlines to allocate company-branded SAF EACs to customers in a private environment.

IATA and the International Civil Aviation Organization have said SAF is the most reliable way to eliminate carbon emissions from aviation in the next twenty-five years. IATA set an aviation industry target of reaching net-zero by 2050.

Tune in to this week’s “Cargo Facts Connect” to hear more on 123Carbon as van Heiningen speaks with Cargo Facts Deputy Editor Yael Katzwer.

147 episodes

#Business News #Business #News #Skylar Taylor #Cargo Facts #Air Freight #Air Cargo #Logistics #Airfreight #Aviation