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8SINGAPOREAIRFREIGHTDIRECTORY2024/2025AsiaPacificwith4of5GlobalTopPharmaceuticalCompaniesbyRevenuehavingfacilitiesintheRepublicPharma@ChangiformedbyChangiAirportGrouptogetherwithitsaircargopartnerspridesitselfinhavingtemperaturecontrolledenvironmentthroughouttheairportcoolchain;over375000tonnesofannualcoolchainhandlingcapacity(bycargohandlers)withstate-of-the-arttemperature-controlledinfrastructureandequipment;trainedandexperiencedcoolchainspecialistsandunparalleledairconnectivityandmulti-modalsolutionsSustainableandGrowthAt
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MtheChangiAviationSummit2024MinisterforTransportandSecondMinisterforFinanceMrCheeHongTatunderscoredthatsustainabilitywillbecentraltothefutureofaviationTheInternationalCivilAviationOrganization(ICAO)hasadoptedagoalofachievingnetzerocarbonemissionsforinternationalaviationby2050ThroughtheuseofcleanerfuelstheICAOanditsMemberStatesagreedtoacollectiveglobalaspirationalvisiontoreduceinternationalaviationemissionsby5percentby2030Singaporeisalsocommittedtorealisingournet-zeroemissionstargetby2050Ourapproachistoenabletheaviationsectortogrowandachieveenvironmentalsustainabilityconcurrently–notchoosingoneortheotherbutwewantboth–sothatfuturegenerationscancontinuetoenjoythebenefitsofflyingWedonotseegrowthandsustainabilityasmutuallyexclusivegoals;webelievewecanachievebothviasustainablegrowthMinisterCheesaidSingaporeSustainableAirHubBlueprintTheSingaporeSustainableAirHubBlueprintlaunchedattheSummitsetsoutSingaporesactionplanforthedecarbonisationofitsaviationsectorItispartofthestrategytomaketheSingaporeAirHubmorecompetitiveresilientandsustainableUndertheBlueprinttheCivilAviationAuthorityofSingapore(CAAS)willworkwithaviationstakeholderstoreducedomesticaviationemissionsfromairportoperationsby20percentfrom2019levels(404ktCO2)in2030andachievenetzerodomesticandinternationalaviationemissionsby2050ToachievethesegoalsCAASwillrollout12initiativesacrosstheairportairlineandairtrafficmanagement(ATM)domainstodecarbonisetheSingaporeaviationsectorCAAS will also put in place five enablers to createtheconditionsfortheeffectiveimplementationofthesedecarbonisationinitiativesTheseenablersincludepolicyandregulationindustrydevelopmentinfrastructureplanningandprovisionworkforcetransformationandinternationalpartnershipsandcollaborationsToachievenetzeroby2050theuseofsustainableaviationfuel(SAF)willbecriticalMinisterCheepointedoutOurgoalistograduallyraisetheSAFtargetfrom1percentin2026tobetween3percentand5percentby2030CAAShasrolledoutaS$50millionAviationSustainabilityProgrammetosupportsustainableaviationprojects;buildupsustainabilitycapabilitiesinthe workforce;andestablishtheAsia-PacificsustainableaviationcentreThroughtheBlueprintSingaporealsohopestobeapathfinderandconvenorforcross-sectoralandpublic-privatepartnershiptoworkwithothercountriesandinternationalorganisationstosupportsustainableaviationgrowthDescribingaircargoasaninspiringsectorMrSullivancommentedthatforanyindustrytosurvivechangeisessentialAndconstantchangeforanyoneisnevereasyButitisabsolutelyworthitwhenthatchangedelivers60milliontonnesofcargowhichpowerseconomiesimprovespeopleslivesandgenuinelymakesourworldabetterplaceAndthatiswhatinspiresustomakeourindustrymoreefficienteversaferandontargetfornetzerocarbonemissionsby2050