Gulf funds boost sustainable aviation fuel
The article reviews the development of the Sustainable Aviation Fuel (SAF) market, which is a low-emission option capable of being used in current aircraft without modification. It is produced from sources such as cooking oils and agricultural waste. As international pressures to reduce emissions intensify, global and regional interest has increased, especially in the Middle East, which holds 70% of Europe’s fuel imports before the crisis. Although global production of sustainable fuel accounts for no more than 1% of the sector's consumption, estimates expect a significant increase in demand and production in the coming years, with Gulf and Saudi efforts to bolster the industry and investments nearing $300 million in regional projects.
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