Zhong Guo Xin Wen Wang·2025-10-21 12:08Core Viewpoint - The third International Air Transport Association (IATA) World Sustainability Conference is being held in Hong Kong, focusing on achieving net-zero carbon emissions in the aviation industry by 2050 [1] Group 1: Conference Details - The conference, hosted by IATA and co-organized by Cathay Pacific, has attracted nearly 500 representatives from aviation, energy, and finance sectors [1] - The event will continue until October 22 [1] Group 2: Government and Industry Commitment - The Hong Kong government, represented by the Secretary for Transport and Logistics, is committed to promoting a green and low-carbon transformation in the aviation sector [1] - Hong Kong aims to collaborate with IATA to contribute to the global aviation industry's transition towards low-carbon and zero-carbon development [1] Group 3: Investment in Sustainable Aviation Fuel - Cathay Pacific Group and Airbus announced a joint investment agreement to invest up to $70 million in the development of Sustainable Aviation Fuel (SAF) in Asia and globally [1] - The agreement includes identifying, assessing, and investing in commercially viable SAF projects with technological maturity and long-term supply potential [1] - The goal is to increase the production capacity of sustainable aviation fuel by 2030 and beyond [1] Group 4: Cathay Pacific's Decarbonization Efforts - Cathay Pacific is implementing multiple strategies to reduce carbon emissions, including introducing more fuel-efficient aircraft and reducing single-use plastic in operations [1]