Emma Richardson’s Post

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Head of Policy & Research and Aviation Programme Lead at Climate Catalyst

Does the US really have the most favourable funding environment for sustainable aviation? 🤔 The #US is often cited as having a much more favourable environment than Europe for #sustainableaviation innovation in terms of financial measures. However, some major funding announcements from the past month may paint a clearer picture... 👉 The EU unveiled €424 million in funding for alternative fuels infrastructure in support of key #mobility policies such as the #ReFuelEU Aviation mandate. 👉 The UK, meanwhile, announced an additional £200 million (€232 million) in green funding for its #aerospace sector in its Spring Budget, just as it celebrated a cumulative £3.6 BILLION in public & private funding for aerospace innovation over the last decade via the great work of the Aerospace Technology Institute, with a further £5.35 million for technical support and funding announced alongside the long-awaited UK SAF Mandate late last week. The US' Inflation Reduction Act has offered a lot of 'carrots' for activity in this space (with a new tax credit model for its sustainable aviation fuel subsidy programme expected to be launched this week). However, European activities - especially mandates - are also driving action... and it's clearly not all 'sticks' as seen from some large figures being made available. Ultimately, tackling the huge challenge of reaching #netzero aviation will require a concerted, accelerated effort between public and private sector actors. It can be difficult to keep track of the public #funding opportunities available, so our aviation team at Climate Catalyst have built a database of funding for #aviation in #Europe. Check it out here: https://lnkd.in/e8fmZQ8n  If you know of more funding opportunities or want to hear about our aviation programme, please get in touch! 👇 #aviation #aviationnews #sustainableaviation #SAF #climateaction #netzero #decarbonisation #cleantechnology #energytransition #hydrogen #greenhydrogen

Public funding opportunities for an emissions free aviation industry in Europe — Climate Catalyst

Public funding opportunities for an emissions free aviation industry in Europe — Climate Catalyst

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