BRICS Summit 2026 Could Pave Way for Sustainable Aviation Fuel Market

Source: Business Standard | Original Published At: 2026-09-10 18:50:47 UTC

Key Points

• India will host the 18th BRICS Leaders’ Summit on September 12-13, 2026, at Bharat Mandapam in New Delhi.
• Proposed BRICS cooperation could address key hurdles to scaling sustainable aviation fuel by mapping feedstock across member countries.
• The cooperation may also align certification systems and Monitoring, Reporting and Verification frameworks to support cross-border trade in sustainable aviation fuel.
• Sustainable aviation fuel is a lower-carbon alternative to conventional aviation turbine fuel and can be produced from renewable or waste-based feedstocks.
• India has set indicative sustainable aviation fuel blending targets for international flights of 1% from 2027, 2% from 2028 and 5% from 2030.
• Indian Oil is developing sustainable aviation fuel production at its Panipat refinery, while Bharat Petroleum and Hindustan Petroleum are also working on related projects.
• The initiative comes as global aviation prepares for the mandatory phase of the International Civil Aviation Organization’s CORSIA emissions scheme from 2027.