Montreal and Abu Dhabi—The International Civil Aviation Organization (ICAO) is launching a new global initiative, the ICAO Finvest Hub, to secure financing for aviation sustainability projects. Announced at ICAO’s Global Implementation Support Symposium, the platform will connect public and private investors with projects that drive aviation’s transition to lower-carbon energy.
The platform’s establishment was confirmed through a Letter of Intent signed by ICAO Secretary General Juan Carlos Salazar, alongside key industry leaders from Airbus, Boeing, the International Power-to-X Hub, and GenZero. The initiative will focus on scaling up sustainable aviation fuel (SAF) production, supporting clean energy infrastructure, and advancing other key decarbonization projects.
“The success of aviation’s environmental transition depends on strong partnerships and accessible funding, particularly for developing States,” said ICAO Council President Salvatore Sciacchitano. “The establishment of the Finvest Hub exemplifies the power of international cooperation in addressing our shared environmental responsibilities. Through this platform, we are acting on our commitment to achieve net-zero carbon emissions by 2050, while implementing the Global Framework for Sustainable Aviation Fuels adopted in Dubai.”
“The success of aviation’s environmental transition depends on strong partnerships and accessible funding, particularly for developing States.”
ICAO’s Finvest Hub is designed to:
- Connect decarbonization projects with potential investors, including governments, financial institutions, and private sector stakeholders.
- Create pathways for funding SAF production, clean energy infrastructure, and other aviation decarbonization efforts.
- Prioritize developing nations, offering technical assistance, capacity building, and guidance on legal and policy frameworks to attract investment.
- Facilitate access to new financial mechanisms designed for aviation sustainability initiatives.
The aviation industry is facing significant capital challenges in scaling SAF production, which is considered one of the most impactful solutions for reducing aviation emissions. The Finvest Hub aims to close this gap by matching viable projects with funding sources.
“The Finvest Hub introduces access to new financial mechanisms specifically designed for aviation sustainability projects,” said ICAO Secretary General Juan Carlos Salazar. “By connecting technical expertise with innovative financing solutions, we’re creating practical pathways to increase production of sustainable aviation fuels and other cleaner energy sources. These projects will serve as engines of economic growth while advancing environmental protection across our Member States.”
The initiative aligns with ICAO’s long-term aspirational goal of achieving net-zero carbon emissions by 2050 and will play a critical role in implementing the Global Framework for Sustainable Aviation Fuels (GFSAF), adopted at COP28 in Dubai.
With participation from major industry players and financial institutions, the Finvest Hub is set to become a key enabler for sustainable aviation investment worldwide.
