The campus is set to become the largest dedicated hub for AI and technology companies in the Middle East and North Africa
uae8 hours ago
Etihad Airways has committed to purchasing carbon offsets, to completely neutralise the CO2 emissions of its flagship “Greenliner” 787-10 aircraft for a full year of operations in 2021.
The initiative is the start of the airline’s journey to reduce CO2 emissions to 50 per cent of 2019 levels by 2035, and to achieve full net zero emissions by 2050 – a first for any airline in the Gulf and one of the first to set a target of this scale in the industry. Separately the airline will implement an additional voluntary offset programme for passengers via its website (etihad.com) in 2021.
Etihad’s Greenliner carbon offset programme has been sourced in partnership with Respira, an international carbon offset finance house specialising in tailored offset schemes across multiple sectors. Etihad’s plan is centred on a Tanzanian forestry project and will initially purchase 80,000 tonnes of CO2 offsets.
The Makame Savannah REDD project — developed by Carbon Tanzania — employs a unique community-based model to curb deforestation and promote better management of local natural resources across over 100,000 hectares in the southern extension of the Tarangire-Manyara ecosystem.
The offset scheme is verified and certified by VERRA, an independent carbon offset quality assurance body, under its Verified Carbon Standard. This ensures carbon offsets are quantifiable, additional, and fully sustainable. In addition, the Tanzanian project conforms to Climate, Community and Biodiversity standards, which protect endangered species and local communities. The scheme’s first offset vintages were certified in early November 2020.
Tony Douglas, Etihad Aviation Group CEO, said: “It’s encouraging to end a difficult year with such a positive move for the sustainable future of aviation. While the year brought many challenges, sustainability has remained at the top of our agenda, and the work hasn’t stopped. Expect to see more ground-breaking initiatives in 2021 as we learn the environmental lessons from initiatives with our Greenliner fleet and other sustainability initiatives”.
The launch of the Greenliner carbon offset programme complements Etihad’s ongoing work to develop and test Sustainable Aviation Fuels (SAFs), with the goal of making them commercially viable for widespread adoption by the industry.
Ana Haurie, CEO of Respira, said: “Respira offers a fresh approach to the carbon market by aligning the interests of project developers, buyers and capital providers. In this way we create win-win outcomes for all stakeholders. It is a privilege to work with Etihad, which has shown real commitment to its sustainability goals through what is a challenging period for the airline industry.”
To support Etihad and Abu Dhabi’s long-term sustainability objectives, Respira will establish operations in the Capital of the UAE at the Abu Dhabi Global Market (ADGM), the Emirate’s international financial centre, to bring its offset expertise to the Middle East.
Dr. Alejandro Rios-Galvan, Chairman of the Sustainable Bioenergy Research Consortium at Khalifa University of Science and Technology, who advises Etihad on a range of sustainability issues, said: “This is a great start for Etihad’s zero carbon journey using a well-respected offset standard that is fully compliant with the best sustainability practices out there. We look forward to continue supporting Etihad on their long-term sustainability strategy.” — business@khaleejtimes.com
The campus is set to become the largest dedicated hub for AI and technology companies in the Middle East and North Africa
uae8 hours ago
Dravid's tenure comes to an end after the T20 World Cup 2024 in the USA and West Indies
sports9 hours ago
Stand-in skipper Jitesh believes the absence of key England players will not affect his side's morale on Sunday
sports9 hours ago
Netanyahu came under personal attack from Defence Minister Yoav Gallant for failing to rule out an Israeli government in Gaza after the war
world10 hours ago
The fund is designed to finance the production of artistic and creative works in film, music, performances, and video games
uae10 hours ago
Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen
world10 hours ago
The country was one of the donor states to freeze around $450 million in funds after Israel accused 12 UNRWA staff of participating in the Hamas-led attack
world11 hours ago
This inclusive community service is available daily on Al Hamriya Beach from 6.00am to sunset
uae11 hours ago