The agreement is in particular to achieve a 5% reduction in CO2 emissions by 2030 by increasing the use of sustainable aviation fuels and other cleaner energy sources
The Commission welcomes agreement which was reached on Friday at its third conference International Civil Aviation Organization (ICAO) on aviation and alternative fuels (CAAF/3) from a global perspective, aiming at cleaner air transport. The agreement is in particular to achieve a 5% reduction in CO2 emissions by 2030 by increasing the use of sustainable aviation fuels and other cleaner energy sources. ICAO agreed to revise its targets by 2028 to take into account market developments and new global investments in generation capacity.
The agreement also implements the decision, adopted by the ICAO assembly in 2022, to achieve zero CO2 emissions in international air transport by 2050. Sustainable aviation fuels will play a key role in achieving the goal. The agreement sets out a clear path forward to realize this ambition.
Transport Commissioner Adina Valean said: “The ICAO decision on a global framework for sustainable aviation fuels sends a strong and valuable message about the importance of investing in the production of sustainable aviation fuels around the world. The EU first established a clear and legally binding pathway for the supply and use of these fuels through the recently approved ReFuelEU Aviation initiative. We welcome the increased global ambition that will help us achieve our goals and accelerate the decarbonisation of global aviation.”
The agreed global framework provides for assistance and capacity building, which are critical to the spread of sustainable aviation fuels around the world, and especially in developing countries. The EU is determined to support its partners in their decarbonisation efforts, and sustainable aviation fuel is a priority for 2024 under the Global Gateway initiative. The EU is already contributing, including through a €4 million project launched in May which is funding feasibility studies and providing assistance to increase production and certification of sustainable jet fuel in India and 11 African states. In addition, a new support scheme will accelerate the use of sustainable aviation fuels in Europe. It will be funded by revenue from the EU’s emissions trading scheme, which is estimated at around €1.6 billion, based on the current carbon price.
Korina Georgiou
Source: Skai
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