Page 47 - World Airnews Magazine January 2020 Edition

FUEL

VALCORA COLLABORATES

WITH SHELL AVIATION

“We are pleased to offer the aviation other benefits, including improvements in

industry access to independently certified biodiversity, water quality, flood protection
digital aviation fuel supplier nature-based carbon credits from Shell’s and livelihoods. They can also result in the

A- Valcora - has signed its fi rst portfolio. Following the successful launch creation, marketing, trading and sale of

third-party agreement with an aviation of our own conservation programme, the carbon credits.

fuel provider to offer customers even more addition of the Shell offering perfectly com- Shell buys carbon credits from a

ways of offse�ng carbon emissions. plements our commitment to supporting global portfolio of nature-based proj-
In collaboration with Shell, Valcora will the industry-wide aim of working towards a ects, including Cordillera Azul National

offset fuel emissions through nature-based carbon neutral future,” said Daniel Coetzer, Park Project in Peru, Katingan Peatland

carbon credits. All Shell Aviation fuels sold Valcora CEO. Restoration and Conservation Project in

through the Valcora digital fuel purchasing “We particularly appreciate that Shell Indonesia and GreenTrees Reforestation

platform will be carbon neutral1, meaning is offering our customers the option to Project in the USA.

that emissions will be offset via carbon purchase these carbon credits regardless “We know the industry is shining

credits automatically included with the of which providers they buy fuel from. a light on the need to encourage

purchase of the fuel. This helps us maximise the opportunities greater use of biofuels as well as devel-

In addition Valcora customers purchasing for all our customers to address their CO² op new technology to support carbon
fuel from other fuel providers through the emissions.” emission reduction. The fact is drop-in

online system will also have the option While sustainable aviation fuel and biofuel is still limited in terms

to offset emissions through nature-based other low-carbon aviation technologies of availability and low-carbon propul-

carbon credits from Shell’s portfolio. Each are in development, carbon credits from sion systems are still very much in the

carbon credit is subject to a third-party nature-based solutions have the potential future. We wanted to do something

verification process and represents the to reduce emissions from aviation now. Na- now. Our own conservation portfolio

avoidance or removal of 1 tonne of CO². ture-based solutions comprise all activities has been well received and we are

The move strengthens Valcora’s existing related to the protection, creation or rede- delighted to have signed this agreement

sustainability offering, which enables cus- velopment, of natural ecosystems - such as with Shell Aviation to strengthen our of-
tomers to contribute to a carefully curated forests, grasslands and wetlands - to help fering. It is imperative that we all make

portfolio of international environmental absorb greenhouse gases from the atmo- a contribution to protect the planet,”

and conservation projects. sphere. Such activities help deliver many said Coetzer. Q

Valcora’s collaboration with Shell will

contribute to The Cordillera Azul National
Park REDD+ Project which aims to protect

biodiversity, indigenous populations and 1.6
million hectares of high carbon stock forest
World Airnews | January 2020 World Airnews | January 2020
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