Boeing will represent the aviation sector in a global alliance, cooperatively established by the US Government and World Economic Forum to accelerate clean technologies and reduce carbon emissions.
Under this new role, Boeing commits to supporting greater commercialization of sustainable aviation fuels and advancing other low-carbon technologies. Scaling up sustainable solutions is critical to the aviation sector’s target of net-zero emissions by 2050 and the broader goal of holding global temperatures to 1.5°C above preindustrial levels, the so-called ‘1.5°C pathway’. The First Movers Coalition (FMC) was created in late 2021 to leverage the purchasing power of major companies to speed up the pace of decarbonizing industrial sectors such as shipping, chemicals and trucking.
Nancy Gillis, Head of the First Movers Coalition said “We can only maintain the critical climate pathway of 1.5ºC if we jumpstart the market for disruptive zero-carbon technologies and make them as economically competitive as existing carbon-intensive solutions. I congratulate Boeing for its new championship role and look forward to working together on driving the need for and accelerating the use of these emerging technologies.”