Syngenera to join Amadeus Next
DECEMBER 10 2018 | BANGKOK | THAILAND

Syngenera has signed an agreement to join Amadeus Next, the leading travel
technology community in Asia Pacific. Syngenera will be developing an enterprise
application for the aviation industry that addresses the expected growth in demand
for both carbon offsets and sustainable jet fuel, while supporting airline contributions
to the Sustainable Development Goals.

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is
set to commence with voluntary Pilot and First phases from 2021-2026, after which
carbon offset and sustainable jet fuel requirements for international civil aviation will
become mandatory. A total of 69 nations have now volunteered to participate in the
Pilot and First phases of CORSIA. Syngenera estimates that CORSIA requirements
will account for a substantial component of the growth in demand for carbon offsets
and sustainable jet fuel for the aviation industry post 2020.

It is important to note that CORSIA has neither endorsed nor prohibited specific
offset types. A technical committee has been established to decide on offset criteria
and specific offset types. It is anticipated that these offsets will generate significant
funding to help conserve the world’s forests and reforest degraded land.

“We are excited to be working with Syngerera, their solution is very relevant and topical
for the aviation industry and we believe that by working in partnership with them we can
help them to achieve their goals. We look forward to welcoming them into our
community and introducing them to our customers and partners” says Matt James,
Senior Manager Corporate Strategy & Business Development, Amadeus Asia Pacific.
Syngenera is positioned to provide forest carbon offsets, sustainable fuel feedstock,
and non-wood forest bio trade products for airlines and airports. Syngenera’s
comprehensive approach meets the highest international standards and
sustainability requirements for the global aviation industry. The Syngenera team is
committed to this cause and has the capability to transform rainforest, mangrove,
peatland and other types of natural capital assets into scalable impact investments.
“We believe that by joining Amadeus Next, Syngenera can accelerate the
development of timely solutions for the aviation sector, with a beta product expected
to be launched by 2020” said David Hodgkinson, a director of Syngenera.
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For more information, please contact info@syngenera.com.

About Syngenera
Syngenera is a natural capital asset manager with a focus on corporate buyers of
ecosystem products & services aligned with the sustainable development goals and a
low-carbon economy. Syngenera is creating an enterprise application for the future,
enabling the global aviation industry to meet its sustainable and low carbon ambitions. In
the forestry sector, Syngenera targets opportunities to manage “deforestation threat
grade” rainforest concessions and incorporate benefit-sharing programs for local
communities and indigenous people. Syngenera’s ecosystem products and services
reduce deforestation, protect biodiversity and provide new opportunities for the poorest
segments of society. Learn more at www.syngenera.com

About Amadeus
Travel powers progress. Amadeus powers travel. Amadeus’ solutions connect
travelers to the journeys they want through travel agents, search engines, tour
operators, airlines, airports, hotels, cars and railways. We have developed our
technology in partnership with the travel industry for over 30 years. We combine a
deep understanding of how people travel with the ability to design and deliver the
most complex, trusted, critical systems our customers need. We help connect over
1.6 billion people a year to local travel providers in over 190 countries. We are one
company, with 16,000 employees across 70 offices. We have a global mindset and a
local presence wherever our customers need us. Our purpose is to shape the future
of travel. We are passionate in our pursuit of better technology that makes better
journeys. Amadeus is an IBEX 35 company, listed on the Spanish Stock Exchange
under AMS.MC. To find out more about Amadeus, visit www.amadeus.com.

Amadeus Next
Amadeus Next is not just another corporate stratup program, incubator or accelerator.
Our vision is to build and foster the leading travel tech startup community in Asia
Pacific. At the heart of the global travel industry, we join and connect the key players
in travel tech to shape the future of travel. We mentor, nurture and partner with
startups in Asia Pacific to take them to the next level on their journey to scale into
awesome companies. We build an ecosystem of like-minded partners and
organizations that are equally as excited about travel tech. Next leverages
Amadeus’s technology, expertise, reach and funding to empower entrepreneurs to
challenge the status quo.

Montréal, 27 September 2016 – Over 2,000 Ministers and high-ranking government officials have gathered at the Montréal Headquarters of the International Civil Aviation Organization (ICAO) today, for the launch of the UN aviation agency’s landmark 39th triennial Assembly.

The event was officially opened by ICAO’s Council President, Dr. Olumuyiwa Benard Aliu, who was joined on the occasion by Canada’s Minister of Transport Marc Garneau, Quebec Premier Philippe Couillard, and the Mayor of Montreal, Mr. Denis Coderre.

One of the most ambitious events of its kind in ICAO’s over seven decades of managing global air transport cooperation and progress, the 39th Assembly, which runs through 7 October, is expected to adopt the first ever global market-based measure (MBM) by any industry sector covering CO2 emissions from international activity.

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Sustainable land use in forestry and agriculture is critical to prosperous rural economies, inclusive development and dealing with climate change. But more than that, it is an enormous investment and growth opportunity for the private sector.

The importance of forests and agriculture to achieve the 2°C target of the Paris Agreement is undisputed. The consensus among scientists is that emissions reductions in agriculture, forestry, and other land use are “extremely important” to achieve global climate targets. From an economic point of view, forests and sustainable agriculture are often impressively cost-effective at-scale solutions to reduce emissions in the short term and getting to net-zero in the long term.[1] What is more, new research by Chatham House suggests that agriculture and forestry may face an increasing risk of stranding assets– not only because of geo-physical impacts (droughts and desertification), but also because of regulatory and technology change.

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