Japan Airlines (JAL) has unveiled plans to invest in and accelerate the development of
sustainable aviation fuel (SAF) conversion technology.
Based on the CO2 emissions standard set by the ICAO to reduce the
impact of aviation greenhouse gas emmisions, JAL has formed a
strategic partnership with the Japan Overseas Infrastructure
Investment Corporation for Transport & Urban Development (JOIN)
and Marubeni Corporation, and invest in Fulcrum BioEnergy, Inc.,
to jointly develop SAF for the aviation sector.
action, the JAL Group aims to realize the operation of an aircraft
utilizing SAF technology and fulfill the targets outlined in the
company`s Medium Term Management Plan - to actively contribute and
tackle Global Sustainable Development Goals.
JAL's share of the
investment amount was 900 million yen.