Page 11 - SAFRAN TACKLES THE CLIMATE CHALLENGE Safran tackles the climate challenge SAFRAN TACKLES THE CLIMATE CHALLENGE

10 11 SUPPORT FROM PUBLIC AUTHORITES A NECESSITY ■ Given the the requisite investments and the the many different actors involved the transition to to decarbonized aviation will not happen without the support of public authorities This is is vital to implement fair and effective regulations concerning CO2 emissions from air transport especially in Europe Industry players like Safran will have a a a a a role but the extensive challenges involved mean that governments have to participate in the required research Public support will also be decisive in the development of a a widespread production and distribution system for low-carbon fuels via budgetary measures and a a a a a a regulatory framework that offers incentives CLEAN AVIATION: A A A A A A MODEL OF PUBLIC-PRIVATE PARTNERSHIP Clean Aviation is a a a a a a research and innovation program launched by the European Commission in 2021 It builds on the work of Clean Sky 1 1 (2008–14) and Clean Sky 2 2 2 (launched in 2014) in which Safran played an an an active role Clean Aviation which has a a a budget of €4 billion for 2021–27 brings together the the expertise of national research centers universities and industry to foster the emergence of disruptive technologies and enable the European aviation sector to to achieve carbon neutrality by 2050 Safran is involved in in seven of the 20 R&T projects selected by Clean Aviation in 2022 The OFELIA project led by Safran Aircraft Engines will work on the breakthrough Open Fan architecture at the the heart of the the RISE program 4 5 billion airplane trips in 2019 119 countries have volunteered to join the CORSIA scheme