The International Air Cargo Association (TIACA) has launched its Investing in Climate Action Platform to enable individuals and companies to support projects around the world that contribute to carbon avoidance and the United Nations' Sustainable Development Goals (SDGs).
The platform, powered by South Pole - a climate company and a TIACA member - is funding critical climate projects across key areas of sustainability including nature-based solutions, renewable energy, and improved community and living conditions.
In addition to its BlueSky programme and ongoing initiatives to share best practices around emissions tracking and reduction, TIACA also seeks to unite and support the industry in addressing the UN's SDGs and bring real benefits to local communities.
Each project has undergone vigorous assessment and is subject to ongoing monitoring to ensure they deliver measurable benefits to create healthy ecosystems, thriving communities, and prosperous economies.
Steven Polmans, TIACA's chair, said: "We are proud to offer this new service to the air cargo industry as it allows individual companies to take action today and invest in climate projects without having to go through the lengthy process of identifying and selecting high-quality, verified, and impactful climate projects themselves.
"This is consistent with our objective to facilitate all sizes of companies having access to sustainability improvement tools."
The platform is open access and will give users access to detailed project information about different technologies and certification standards, help educate the air cargo industry on funding climate action, and reduce barriers to carbon credit procurement. Investment levels are determined by the user, starting from very low increments.
Glyn Hughes, TIACA's director general, said: "Two of the key outcomes of the various TIACA annual sustainability surveys performed were the request for support and guidance as to where companies need to focus to improve their sustainability profile as well as how they can gain access to carbon contribution programs.
"The TIACA BlueSky programme, entering its second year, has already helped many small, medium, and large companies get a better understanding of where they are along their journey of sustainable transformation and now with the launch of this new platform, we can provide access to environmental improvement projects which will help in the global fight to addressing climate change."
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