The International Air Cargo Association (TIACA) has launched a platform supporting Investment in Climate Action as part of an ongoing program to accelerate the air cargo industry’s transformation into sustainability.
READ: TIACA Releases the Air Cargo Industry’s Fourth Sustainability Report
In addition to their established BlueSky program and ongoing initiatives to share best practices around emissions tracking and reduction, TIACA seeks to unite and support the industry in addressing the United Nations Sustainable Development Goals (SDGs) and bring tangible benefits to local communities.
The platform enables individuals and companies to support several leading standards-certified projects worldwide, contributing to global carbon avoidance and the UN’s SDGs. Each investment generates a verified carbon contribution.
The platform, powered by the Climate Company and a TIACA member, South Pole, is funding critical climate projects across key areas of sustainability:
- Nature-based solutions
- Renewable energy
- Improved community and living conditions
Each project has undergone vigorous assessment and is subject to ongoing monitoring to ensure they deliver measurable benefits to create healthy ecosystems, thriving communities, and prosperous economies.
“We are proud to offer this new service to the air cargo industry as it allows individual companies to take action today and invest in climate projects without going through the lengthy process of identifying and selecting high-quality, verified, and impactful climate projects themselves. This is consistent with our objective to facilitate companies of all sizes to have access to sustainability improvement tools.” Steven Polmans, TIACA Chair
The open platform will give users access to detailed project information about different technologies and certification standards, help educate the air cargo industry on funding climate action, and reduce barriers to carbon credit procurement. Investment levels are determined by the user, starting from very low increments.
“Two of the key outcomes of the various TIACA annual sustainability surveys performed were the request for support and guidance on where companies need to focus on improving their sustainability profile and how to gain access to carbon contribution programs. The TIACA BlueSky program, entering its second year, has already helped many small, medium, and large companies better understand where they are along their journey of sustainable transformation. Now, with the launch of this new platform, we can provide access to environmental improvement projects which will help in the global fight to address climate change.” Glyn Hughes, Director General.
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