ICAO completes international dialogues with States on a market measure to address aviation CO2 emissions
A series of ICAO climate change seminars organised by ICAO during April in its five world regions was completed this week in Madrid. The aim of the Global Aviation Dialogues (GLADs) was to inform ICAO Member States on mitigation measures being undertaken to reduce carbon emissions from international aviation but in particular to explain and discuss with States a proposed market-based measure to cap the sector’s net emissions from 2020. Although no formal decision has been made, a carbon offsetting scheme is emerging as the preferred option by those States currently engaged in the development process at ICAO, and delegates to the GLADs, which also included representatives from industry and civil society, were encouraged to offer ideas and recommendations on the scheme. ICAO estimates that to achieve the carbon-neutral growth goal, the airline sector could be required to spend around $2.8 billion annually on carbon offsets by 2025, rising to $11.9 billion by 2035.
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