Sustainability and Environment
KPMG Report: Aviation Struggling To Decarbonize
Governments need to give stronger incentives to increase sustainable aviation fuel production
Air bp refuels a business jet
Air bp is one of several companies supplying sustainable aviation fuel to aircraft operators. (Image: Air bp)

Governments and industries, including aviation, will fail to meet their legally-binding commitments to achieve net-zero carbon by 2050 if they persist in what a new report from consultants KPMG has dismissed as incremental changes. In the report, KPMG concluded that the aviation sector is moving too slowly and that “the goal of achieving net zero by 2050 hinges on significant increases in the production of sustainable aviation fuel, as well as government incentives.”

The NetZero Readiness Report 2023, published late last week, said the aviation sector finds it difficult to decarbonize quickly because of the long lead times in developing and delivering new aircraft. “2050 as the net-zero target is pretty much tomorrow for this sector,” said KPMG aviation strategy partner Christopher Brown.