IATA airlines agree on a set of guiding principles to ensure equitable distribution of global MBM financial burden

IATA airline members have overwhelmingly supported an AGM resolution recommending a set of principles that could be applied to individual carriers as part of a single global market-based measure (MBM) in a post-2020 carbon-neutral growth (CNG) agreement. Along with a broader package of measures to address aviation CO2 emissions, the industry acknowledges that a global MBM will be required to achieve CNG, at least as until technology can fill the emissions growth gap. The resolution seeks to define principles on how an MBM scheme should be equitably applied to airlines and also proposes a collective industry baseline as well as individual operator baselines based on 2018-2020 average annual emissions. The resolution also urges IATA’s 241 airline members to strongly encourage ICAO states to adopt a single global MBM at their Assembly in September.

GreenAir Online

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