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New Paris draft agreement removes text on international aviation CO2 reduction targets and climate finance

08/10/2015



References to international aviation and shipping have been left out of the newly slimmed-down draft agreement for negotiation at the UNFCCC COP21 climate talks in Paris that start at the end of next month. The previous 83-page draft, now down to just 20 pages, had text calling for global CO2 emission reduction targets be set for the two sectors as well as a levy scheme to be applied to each that would provide funding towards climate adaptation for poorer nations. The omission will be welcomed by sister UN agency ICAO, which has long warned that a levy on top of the global carbon offsetting measure to cap the net growth of international aviation emissions that is expected to start from 2020 could drain financial resources from the sector. NGOs, on the other hand, have called the exclusion irresponsible as it leaves the two high-growth emitting sectors free from fuel taxes and climate targets. [...]

GreenAir Online

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