4AIR – GreenAir News https://www.greenairnews.com Reporting on aviation and the environment Mon, 31 Jan 2022 13:56:45 +0000 en-GB hourly 1 https://wordpress.org/?v=6.7.1 https://www.greenairnews.com/wp-content/uploads/2021/01/cropped-GreenAir-Favicon-Jan2021-32x32.png 4AIR – GreenAir News https://www.greenairnews.com 32 32 Climate targets rating company 4AIR to finance Cambridge net zero flight research project https://www.greenairnews.com/?p=2296&utm_source=rss&utm_medium=rss&utm_campaign=climate-targets-rating-company-4air-to-finance-cambridge-net-zero-flight-research-project Thu, 16 Dec 2021 17:07:35 +0000 https://www.greenairnews.com/?p=2296 Climate targets rating company 4AIR to finance Cambridge net zero flight research project

Private and business aviation sustainability specialist 4AIR is to partner with the Aviation Impact Accelerator (AIA), a project led by the University of Cambridge to develop interactive, evidence-based tools to engage decision-makers, the aviation industry and the public about how to achieve ‘net zero flight’. Boston-based 4AIR will raise finance for the project through its Aviation Climate Fund, which uses contributions from its clients based on their carbon footprint to support research and development for future aviation technologies and emission reduction solutions. The company uses a four-step ratings programme with science-based goals for clients to work towards carbon neutrality, emissions neutrality and emissions reduction. The AIA project is an international group of academics and practitioners drawing on a broad range of expertise to build an interactive, open-source, whole system simulator that can map pathways and accelerate the journey to climate neutral aviation.

The four tiers of the 4AIR ratings programme start at Level 1 (Bronze), which requires a 100% offsetting of an individual’s or operator’s carbon emissions, progressing to Level 2 (Silver) in which non-CO2 pollutants must also be offset, and then to Level 3 (Gold), whereby clients go beyond carbon offsets and requires a 5% direct emission reduction through, for example, the use of sustainable aviation fuels.

All carbon credits purchased are quantified and verified through respected bodies such as American Carbon Registry, Climate Action Reserve, Verified Carbon Standard (Verra) and Gold Standard.

The highest Level 4, where the client is described as a ‘climate champion’, requires a direct contribution to the Aviation Climate Fund. The fund is intended to go in the form of grants and investments towards supporting university research in new technologies aimed at reducing aviation emissions. 4AIR says that during 2021, the fund supported research carried out by the Aviation Sustainability Center (ASCENT), the US aviation research organisation.

4AIR has recently launched an interactive SAF map for business jets to help operators with locations that could supply SAF. The company argues, however, that while carbon offsetting and SAF can help make much-needed progress, they are not by themselves enough to achieve a true zero impact.

“In order to meet ambitious sustainability goals such as ‘net zero flight’, we will need future technologies that enable actual emissions reductions within the industry beyond offsets and SAF,” said Kennedy Ricci, 4AIR President. “We launched the Fund to achieve this by supporting research and development for future aviation emission reduction solutions. Our partnership with the AIA will support bringing the leading academics and industry practitioners together to identify new paths to ‘net zero flight’.”

The Aviation Impact Accelerator project is led by the University of Cambridge’s Whittle Laboratory and the Cambridge Institute for Sustainability Leadership (CISL), and brings together a multidisciplinary team of experts from the University’s Department of Chemical Engineering, Hopkinson Laboratory, BP Institute, Judge Business School and Bennett Institute, together with the Air Transportation Systems Lab at University College London and the Melbourne Energy Institute at the University of Melbourne. The project is also partnered with the Prince of Wales’ Sustainable Markets Initiative, the World Economic Forum, Cambridge Zero, MathWorks and SATAVIA, with the input of industry advisors Rolls-Royce, Boeing, bp, Heathrow and Siemens Energy.

“Aviation is one of the most carbon-intensive forms of transportation and enabling the shift to ‘net zero flight’ will require a complete technological shift,” said Professor Rob Miller, Director of the Whittle Laboratory, who is co-leading the AIA project, who says climate change means a wait of 30 years to make zero-carbon flight a reality is too long. “I believe that this timescale can be cut in half and that we can have net zero carbon flight by 2035. But this can only become a reality if we radically change the way we develop and scale technologies,” he told the University’s alumni magazine CAM.

“We welcome 4AIR’s support in identifying solutions and developing ways to bring the full range of stakeholders into the debate about how best to achieve this ambitious, but absolutely critical, goal.”

At the COP26 side event below (scroll down), Professor Rob Miller and CISL’s Director of Policy, Eliot Whittington, explored the opportunities and challenges for climate neutral aviation. They provided a preview of the Aviation Impact Accelerator to demonstrate its potential to guide innovation, investment and policy action.

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IATA’s Aviation Carbon Exchange sees first private aviation trade as 4AIR buys 15,000 carbon offsets https://www.greenairnews.com/?p=721&utm_source=rss&utm_medium=rss&utm_campaign=iatas-aviation-carbon-exchange-sees-first-private-aviation-trade-as-4air-buys-15000-carbon-offsets Fri, 05 Mar 2021 19:59:32 +0000 https://www.greenairnews.com/?p=721 IATA’s Aviation Carbon Exchange sees first private aviation trade as 4AIR buys 15,000 carbon offsets

Boston-based 4AIR has become the first private aviation stakeholder to make a trade on IATA’s Aviation Carbon Exchange, the platform for airlines and aircraft operators to trade carbon offsets to reduce their CO2 emissions or meet obligations under ICAO’s CORSIA international offsetting scheme. The transaction was made with environmental commodity company ClimeCo to purchase offsets on behalf of 4AIR client PrivateFly to help the charter and jet card provider meet an offsetting commitment in relation to its 2020 operations. The 15,000 offsets purchased will support a renewable energy project in India that generates enough solar energy to displace more than 1.5 MWh of electricity annually. 4AIR operates a rating programme that allows anyone in private aviation – from companies and individuals who own aircraft, fractional shares or jet cards to those who charter flights – to reduce their carbon footprint. As a Silver Member of the programme, PrivateFly will offset emissions from its operations and all flights in 2021 at 300% of its carbon footprint to account for both CO2 emissions and non-CO2 pollutants.

The Aviation Carbon Exchange was developed by IATA and Xpansiv CBL Holding Group and integrates CBL Markets’ trading platform with IATA’s settlement systems. The exchange is open to all IATA and non-IATA airlines and aircraft operators, and accessible to carbon market participants wanting to list emission reductions that are CORSIA compliant, as well as for voluntary offsetting purposes.

“Energy consumption is the biggest source of human-caused greenhouse gas emissions. By investing in carbon offset projects, the transition from fossil fuels to clean sources of energy becomes more attainable,” commented Michael Schneider, IATA’s Assistant Director, Aviation Environment. “We are pleased that 4AIR is participating in the Aviation Carbon Exchange, enabling business aviation companies from all over the world to do their part in supporting sustainability within the aviation industry.”

Added Rene Velasquez, CBL’s Head of Global Carbon Markets: “This first-trade announcement is proof of broad support for decarbonisation across the aviation spectrum. In addition to aviation’s effort to reduce emissions by investing in the latest aircraft technology and by improving operational fuel efficiency, the Aviation Carbon Exchange provides a clear, intuitive path to address aviation’s environmental impact.”

Said Kennedy Ricci, 4AIR’s President: “The Aviation Carbon Exchange is a phenomenal step for increased transparency and simplicity in the process of acquiring carbon offsets. 4AIR is uniquely positioned to aggregate private flight hours from users and operators all over the world to buy offsets on the Aviation Carbon Exchange at a larger scale. We can help the private aviation community support verified projects worldwide, making it easy for them to meet sustainability goals.”

4AIR formally launched in January having been incubated by business aviation and investment company Directional Aviation. Through a rating system, it seeks to provide a solution to address climate impacts from private aviation. A company or individual makes a commitment to a specific level of the 4AIR framework and can be applied to existing sustainability efforts or offered as a turnkey full-service programme.

The framework has benchmarks that are aligned with industry-wide goals and consistent with international standards, says4AIR, with four levels each with specific, science-based goals, independently verified results and progressively greater impacts on sustainability:

  • Bronze: Carbon-Neutral – Allows participants to be carbon neutral by offsetting all CO2 emissions with verified carbon offset credits.
  • Silver: Emissions-Neutral – 4AIR measures two-thirds of an aircraft’s environmental impact comes from non-CO2 warming pollutants so a 3x multiplier is applied to the carbon emissions required to be offset.
  • Gold: Emissions Reduction – Allows participants to go beyond emissions neutrality to actually reducing emissions by at least 5% through solutions such as operational improvements, low-emitting aircraft and the use of sustainable aviation fuel.
  • Platinum: Climate Champion – Allows participants to support new technology in aviation with a contribution to the Aviation Climate Fund, a nonprofit aimed at supporting R&D in aviation sustainability, with contributions based on the participant’s carbon footprint.

Participants earn a 4AIR rating by making a commitment to a specific level. At the end of each year, 4AIR certifies the accomplishment of each company or individual based upon relevant flight data, such as actual fuel consumption, in order to audit the previous year’s commitment and retire final carbon offset credits earned, and those that achieve or surpass the level they had committed to would be eligible for the coming year.

All carbon credits are quantified and verified by leading bodies including Verified Carbon Standard (Verra), American Carbon Registry, Climate Action Reserve and The Gold Standard.

Last month, 4AIR announced it would be providing carbon-neutral validation of Clay Lacy Aviation facilities for 2020, as well as offering a sustainability rating to the company’s aircraft.

“4AIR starts where other environmental programmes end – with carbon neutrality – and continues on up to emission reductions and supporting the future of environmentally-friendly aviation,” said Ricci. “We don’t want to merely neutralise the impact of private aviation but instead make it part of the solution for long-term sustainability.”

Nancy Bsales, 4AIR’s Chief Operating Officer, who has previous experience with Rocky Mountain Institute and The Good Traveler passenger carbon offsetting initiative founded by San Diego International Airport, said: “Aviation directly represents 2% of global CO2 emissions but the true impact on climate is closer to 5% when considering all emissions and non-CO2 impacts. The industry has made sweeping commitments to sustainability by 2050 and 4AIR’s programmes can help private aviation participants to do their part.”

Photo: 4AIR

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