ICAO States reach agreement on roadmap towards a global MBM but Europe suffers defeat over EU ETS
After two days of intense negotiations at the ICAO Assembly, States reached a consensus agreement to proceed with a roadmap towards a decision to be taken on a global market-based measure at the next Assembly in 2016. Unusually for ICAO, votes were taken yesterday on late amendments to the draft resolution proposed by a number of developing States led by Russia, China and India. Despite attempts by Europe to head off defeat, the developing States won a crucial vote to include a paragraph that, in essence, aims to kill off the inclusion of foreign aircraft operators in the EU ETS. The EU had believed a reduced airspace coverage framework in exchange for progress towards a decision on a global MBM in 2016 for implementation in 2020, would be acceptable to ICAO States. In the end they were outflanked and outnumbered.
> Read the article Back to all Industry News