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France will invest $218.78 MM to boost the production of sustainable aviation fuels (SAF) as part of measures to make the French and the European aviation industry greener, President said on Friday.
The 200 million euros will notably help fund the construction in Lacq in southwestern France of a SAF production plant.
Aviation is seen as one of the hardest sectors to decarbonize, with zero-emission aircraft not expected for more than a decade.
The aviation industry set a 2050 goal of net zero emissions in 2021. The main path is widespread use of Sustainable Aviation Fuel, which so far makes up 0.1% of airline fuel consumption.