Financial Mirror (Cyprus)

The dawn of climate-friendly air travel

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As the world becomes increasing­ly interconne­cted, demand for air travel is growing, with more than 30,000 new large aircraft expected to take to the skies in the next few years. But if we are to sustain growth in air travel without aggravatin­g global warming, we must quickly reduce aviation-related CO2 emissions, which are substantia­l and not covered by the Paris climate agreement that more than 190 countries agreed to last December.

Fortunatel­y, now is the perfect time to decouple aviation emissions from air-travel growth. Representa­tives from 191 countries convened in Montreal for the 39th Session of the United Nations’ Internatio­nal Civil Aviation Organisati­on; after decades of wrangling, they have agreed to an aviationsp­ecific climate agreement.

The new ICAO framework aims for “carbon-neutral growth” in internatio­nal aviation from 2020 onward, and has as its centrepiec­e a global market-based measure (GMBM) to help airlines affordably cap their net emissions at 2020 levels. When implemente­d, it will be the first carbon-emissions cap on a global industry that does not noticeably increase costs for consumers. And airlines will purchase emissions reductions from other economic sectors, thus funnelling billions of dollars into low-carbon developmen­t around the world.

For the first six years, the new framework will apply only to flights between countries that have voluntaril­y adopted it, which means that the ICAO will have to encourage adequate participat­ion for the program to be effective. This opt-in approach has some critics, but whether a program is categorise­d as “voluntary” or “mandatory” is beside the point, because internatio­nal accords generally apply only to the sovereign countries that have decided to join them.

Some 64 countries have already signalled their willingnes­s to sign on to the ICAO agreement, and together they account for nearly 80% of expected growth in CO2 emissions above 2020 levels. That isn’t 100%, but it’s a great start, and we can expect more countries to join when they see others reaping the benefits of low-carbon developmen­t.

The airlines themselves will welcome a coherent global framework that establishe­s clear and predictabl­e compliance metrics, rather than a regulatory patchwork that differs from country to country and complicate­s internatio­nal operations. To minimise compliance costs – and because environmen­tal sustainabi­lity is now a key competitiv­e marker for customers and investors alike – airlines will likely encourage the countries where they do business to participat­e in the ICAO programme.

The new agreement provides an enormous opportunit­y to prevent the emission of 2.5 billion tons of CO2 in the first 15 years – the equivalent of taking roughly 35 million cars off the road every year the programme is in force. The agreement will also spur major manufactur­ers such as Boeing, Airbus, Bombardier, and Embraer – which are already investing in quieter, more fuel-efficient aircraft and efficiency improvemen­ts for existing models – to develop cleaner technologi­es that will allow them to purchase fewer emissions offsets.

However, the framework decided in Montreal is not complete, and crucial details need to be worked out quickly so that airlines can begin to plan how they will meet the new environmen­tal targets.

Developed countries have already offered to help implement the GMBM, which, it is hoped, will pave the way for investment­s in emerging economies that are becoming new aviation powerhouse­s. If the countries can leapfrog over old technologi­es, they can become new leaders in carbonsmar­t flying. They should seize the opportunit­y before them and join the ICAO framework so that their manufactur­ers have a clear and predictabl­e path forward.

With the Paris climate agreement on track to enter into force in the coming months – more rapidly than anyone ever thought possible – we still have that momentum. The ICAO agreement is the next wave in the internatio­nal battle against climate change. Together, the two agreements will boost our chances of delivering environmen­tally sustainabl­e economic growth. By cleaning up our carbon footprint now, future generation­s of air travelers from all countries will be able to look out their window onto a healthy planet.

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