CADO to manage IATA's SAF Registry
Above: Willie Walsh, Director General, IATA.
Courtesy IATA
Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist, said: “CADO will turbo-charge the imminent launch of the IATA-developed SAF Registry. 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.
"In fact, the door is open for any stakeholder in the SAF value chain, including governments, to join CADO. This inclusive approach should also be a force for the harmonisation of the principles on which all SAF registries operate.”
Willie Walsh, IATA’s Director General, said: “The SAF Registry is a critical piece of market infrastructure that is indispensable in building a global, transparent and liquid global market for SAF.
"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.
Ramping-up SAF production is the common goal and the structure we are putting in place with CADO is an important step in moving decarbonisation forward.”
IATA is developing the soon-to-be-launched SAF Registry as a global system to record SAF transactions in a standardised and transparent way. It ensures that the environmental benefits of SAF can be tracked as they move across the SAF value chain and enable the claiming of these against regulatory obligations and voluntary schemes by airlines and corporate customers.
The SAF Registry helps solve the challenge of limited SAF supply - which is acutely scarce and available in only a few locations globally - by connecting airlines with SAF producers and suppliers, regardless of their geographical location. In addition, it gives access to airlines’ corporate customers to in-sector emissions reductions and capitalises on firms’ capacity to co-finance the cost of decarbonisation.
Participation in the SAF Registry will be free until April 2027, after which it will be operated on a cost recovery basis.
CADO is incorporated as a not-for-profit organisation in Canada with its headquarters in Montreal. IATA is the founding member of CADO and its role in CADO will include ongoing technical support and operations.
