All articles tagged with #saf levy
Singapore has introduced its first-ever levy on sustainable aviation fuel to raise funds for SAF development and supply, as the Southeast Asian fuel industry grows and efforts to decarbonize aviation accelerate.
Singapore plans to mandate the use of sustainable aviation fuel (SAF) for all departing flights from 2026, aiming for a 1% target initially and increasing to 3-5% by 2030. The Civil Aviation Authority of Singapore (CAAS) developed the plan, which aims to contribute around 65% of the carbon emission reduction needed to achieve net zero by 2050. To support the purchase of SAF, CAAS plans to introduce a SAF levy, which will vary based on factors such as distance traveled and class of travel, with passengers in premium classes paying higher levies.