Geneva – The International Air Transport Association (IATA) has established the Civil Aviation Decarbonization Organization (CADO) to manage the IATA-developed Sustainable Aviation Fuel (SAF) Registry when it is released.
“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 harmonization of the principles on which all SAF registries operate,” said Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist.
“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 decarbonization forward,” said Willie Walsh, IATA’s Director General.
