IATA Welcomes Aviation Carbon Emission Norms in US-EU Agreement

29 March 2010 (Last Updated March 29th, 2010 18:30)

The International Air Transport Association (IATA) said the decision made in the second stage of the Open Skies agreement between the US and the European Union (EU) will strengthen their cooperation on environmental matters. The US-EU agreement has reaffirmed that environmental issues l

The International Air Transport Association (IATA) said the decision made in the second stage of the Open Skies agreement between the US and the European Union (EU) will strengthen their cooperation on environmental matters.

The US-EU agreement has reaffirmed that environmental issues leading up to the Conference of the Parties (COP) 2016 will continue to be addressed through the International Civil Aviation Organisation (ICAO).

IATA director general and CEO Giovanni Bisignani said the ICAO is the right forum to reach a global sectoral approach to deal with aviation's carbon emissions.

The industry is continuing to pursue its ambitious environmental targets to improve fuel efficiency by 1.5% per year to 2020, cap net emissions from 2020 with carbon neutral growth and cut net carbon emissions in half by 2050 compared with 2005, Bisignani said.

In the second stage of the Open Skies agreement on 25 March, both the US and EU agreed to further expand and consolidate the transatlantic aviation market.