{"id":70747,"date":"2023-05-15T00:00:00","date_gmt":"2023-05-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/"},"modified":"2023-05-15T00:00:00","modified_gmt":"2023-05-15T00:00:00","slug":"emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/05\/15\/emirates-group-commits-usd-200-mn-to-aviation-sustainability-fund\/","title":{"rendered":"Emirates Group commits USD 200 mn to aviation sustainability fund"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Dubai-based carrier <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.theemiratesgroup.com\/\" style=\"\">Emirates Group<\/a><\/span><span style=\"font-weight:700\"> has established a USD 200 mn research and <\/span><span style=\"font-weight:700\">development (R&D) fund aimed at cutting emissions in commercial aviation,<\/span><span> according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emirates.com\/media-centre\/emirates-creates-us-200-million-aviation-sustainability-fund\/\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">. The funds will be disbursed over three years and will go towards partnerships with \u201cleading organizations working on solutions in advanced fuel and energy technologies,\u201d the statement said. The company\u2019s Environmental Sustainability Executive Steering Group and technical experts will oversee the fund\u2019s disbursal.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said: <\/span><span>\u201cWe looked long and hard at the reality we face in commercial aircraft and engine technology, fuel supply chain, and our industry\u2019s regulatory and eco-system requirements,\u201d Emirates Airline President Tim Clark said. \u201cIt\u2019s clear that with the current pathways available to airlines in terms of emissions reduction, our industry won\u2019t be able to hit net zero targets in the prescribed timeline.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The funds will be disbursed over three years<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,17,825],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-70747","post","type-post","status-publish","format-standard","hentry","category-aviation","tag-aviation","tag-enterprise-logistics","tag-sustainability","wpautop","entry"],"acf":{"mongo_id":"cbfa2baf-ec0e-42e7-98eb-8bee2547ab89","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/5\/665.jpg,https:\/\/www.emirates.com\/media-centre\/media-library\/","photo_position":"above","homepage_title":"","full_issue_title":"Emirates commits USD 200 mn to aviation sustainability fund","related_issue":[70740],"teaser":"The funds will be disbursed over three years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.d74fad5e-d8e1-4519-803f-25bcebc21b83.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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