Colombian President Ivan Duque announced a partnership at COP26, the United Nations Climate Change Conference, in which Colombia will exploit its agricultural infrastructure and incentivize local farmers to provide biomass feedstocks for conversion into sustainable low carbon crude oil. Alder Fuels will then use its refining process to convert forestry and crop residues, as well as regenerative agricultural crops into an alternative âgreenâ crude used for the production of aviation fuel.
âColombia is committed to the importance of fighting climate change. As a result, our Department of Agriculture and Alder Fuels, LLC signed a Memorandum of Understanding at the world’s largest climate change conference, COP26. This MOU aims to produce sustainable aviation fuel – SAF from agricultural biomass in the country by ensuring to small farmers, the marketing of the product through ‘Agricultura por Contrato’ (Contract farming). It will also foster public-private alliances that attract investment to the country and contribute to Colombia’s goal of reducing 51% of greenhouse gas emissions by 2030, becoming carbon neutral and resilient to climate change. by 2050, as well as helping the aviation industry achieve carbon. neutrality objectives which will have an impact not only in Colombia but in the world â, declared Colombian President IvÃ¡n Duque MÃ¡rquez
“The leadership of President Duque and Minister Navarro shows how nations can develop innovative approaches to simultaneously achieve global carbon reduction goals, support local economies and improve the quality of life at home and abroad,” said said Bryan Sherbacow, CEO of Alder Fuels. âThe Alder-Colombia partnership is a model for advancing agricultural practices and advancing the technology that will one day decarbonize aviation. “
In September, United Airlines and Honeywell announced a multi-million dollar joint venture with Alder Fuels, in which the two companies would invest in Alder Fuels and Alder would supply United Airlines with 1.5 billion gallons of SAF, SAF’s largest purchase. never announced at the time. Alder Fuels technology will increase the volume of SAF produced and the type of renewable feedstocks that can be converted to carbon-negative SAF to reduce fossil fuel consumption and benefit the flying public.