The International Civil Aviation Organization (ICAO) has introduced Finvest Hub, a new platform aimed at securing investments for aviation sustainability initiatives. The hub seeks to accelerate the development of sustainable aviation fuel (SAF), lower-carbon aviation fuels (LCAF), and clean energy infrastructure by connecting decarbonization projects with public and private investors worldwide.

Given the aviation sector’s heavy reliance on fossil fuels, SAF is considered a critical tool for reducing emissions. Produced from renewable sources like agricultural waste and used cooking oil, SAF has the potential to cut lifecycle greenhouse gas emissions by up to 85% compared to traditional jet fuel. However, its widespread adoption remains a challenge due to high costs and limited supply, with SAF accounting for just 0.5% of global commercial aviation fuel usage in 2024.

“The success of aviation’s environmental transition depends on strong partnerships and accessible funding, particularly for developing States,” said ICAO Council President Salvatore Sciacchitano. “The establishment of the Finvest Hub exemplifies the power of international cooperation in addressing our shared environmental responsibilities.”

The hub will play a key role in scaling aviation decarbonization by facilitating investment in SAF production and distribution, clean energy infrastructure, and other emission-reduction initiatives. Additionally, it will prioritize support for developing nations and engage with governments, financial institutions, and industry leaders to streamline access to capital.

ICAO Secretary General Juan Carlos Salazar highlighted the platform’s potential, stating, “The Finvest Hub introduces access to new financial mechanisms specifically designed for aviation sustainability projects. By connecting technical expertise with innovative financing solutions, we’re creating practical pathways to increase production of sustainable aviation fuels and other cleaner energy sources.”

By bridging the gap between sustainability-focused projects and essential funding, the Finvest Hub is expected to drive long-term change, fostering economic growth while accelerating aviation’s transition to a net-zero future.