AVIATION CLIMATE TASKFORCE INC

THE PURPOSE OF AVIATION CLIMATE TASKFORCE, INC. (THE ORGANIZATION") IS TO REDUCE, AND ULTIMATELY ELIMINATE, THE CARBON DIOXIDE EMISSIONS OF THE AVIATION SECTOR. IT WILL DO SO PRIMARILY BY SUPPORTING RESEARCH AND ACCELERATING BREAKTHROUGHS IN EMERGING DECARBONIZATION TECHNOLOGIES. IN THIS WAY, THE ORGANIZATION HOPES TO ELIMINATE A MATERIAL SOURCE OF THE WORLD'S CARBON DIOXIDE EMISSIONS AND HAVE A PROFOUND IMPACT IN THE FIGHT AGAINST CLIMATE CHANGE. THE ORGANIZATION WILL FULFILL ITS PURPOSE BY A PROGRAM OF SUPPORTING SCIENTIFIC DISCOVERY INTENDED TO DRIVE INNOVATION ACROSS THE DECARBONIZATION TECHNOLOGY RESEARCH AND DEVELOPMENT LIFECYCLE. MORE SPECIFICALLY, THE ORGANIZATION PLANS TO FUND EARLY-STAGE RESEARCH PROJECTS OF BOTH ACADEMIC AND PRIVATE-SECTOR RESEARCHERS IN THE FIELD OF DECARBONIZATION TECHNOLOGY. THE ORGANIZATION WILL ALSO FOSTER COLLABORATION IN THE DECARBONIZATION AND GREATER ENVIRONMENTALLY FOCUSED COMMUNITIES.