Net Zero CO2 Emissions Goal Tops Achievements at 41st ICAO Assembly
The International Air Transport Association (IATA) says it is strongly encouraged by the adoption of a Long Term Aspirational Goal (LTAG) to achieve net zero CO2 emissions by 2050 at the 41st Assembly of the International Civil Aviation Organization (ICAO). to make,” said Willie Walsh, IATA’s Director General. emissions of international aviation at 85% of the 2019 level. In agreeing this, many governments emphasized CORSIA’s role as the only economic measure applied to manage the carbon footprint of international aviation.
“The Assembly’s agreement strengthens CORSIA. The lower baseline will place a significantly greater cost burden on airlines. So, it is more critical than ever that governments do not chip away at the cement which bonds CORSIA as the only economic measure to manage the carbon footprint of international aviation. States must now honor, support and defend CORSIA against any proliferation of economic measures. These will only undermine CORSIA and the collective effort to decarbonize aviation,” said Walsh.
Aviation
Sustainable Fuel (SAF)
Industry expects SAF to play the largest role in decarbonizing aviation. IATA estimates that perhaps 65% of the mitigation needed for net zero emissions in 2050 will come from SAF. While the industry purchased all one hundred million liters of SAF available in 2021, the supply remains limited and the price far higher than conventional jet fuel.
“With LTAG in mind, state efforts should now be focused on ways to incentivize an increase in SAF production capacity and thereby reduce its cost. The tremendous progress made in many economies on the transition of electricity production to green sources such as solar power and wind is a shining example of what can be achieved with the right government policies, particularly production incentives,” said Walsh.