Airline industry emerges from COP 16 meetings with ICAO recognition, no green taxDecember 15, 2010 at 2:51 pm | Posted in Aviation Law Current Event | Leave a comment
by Sara M. Langston with the blog faculty
Source: Air Transport World
UNFCCC climate talks in Cancun (COP16) ended early Saturday morning with ICAO firmly established as the proper forum for addressing aviation’s role and responsibilities regarding emissions, according to air transport industry officials attending the event. In a clear sign of this development, aviation was not mentioned in the agreement that emerged from the meeting.
As had been anticipated, COP16 created a “Green Climate Fund” intended to provide financial aid to developing countries coping with the impact of climate change. A global green tax on international aviation had been suggested as a source of funds, raising $3 billion per annum, but aviation was not mentioned in the agreement to establish the fund. Funding mechanisms will likely be discussed during 2011.
Commenting on the outcome of COP16, Air Transport Action Group Executive Director Paul Steele stated: “The global aviation industry, unlike any other, has a strong set of ambitious targets to reduce the 2% of carbon emissions it currently produces. At COP 16, the work of the industry has clearly been acknowledged but also importantly the recent Resolution on aviation and climate change agreed to at the ICAO 37th Assembly in October has now put ICAO clearly in the driving seat in terms of addressing emissions.
Aviation escapes proposed new tax as UN climate talks end…[full story]