The call came at the 78th IATA Annual General Meeting (AGM) and World Air Transport Summit (WATS) where airlines are mapping out the pathway to the industry’s commitment to achieve net zero emissions by 2050 in line with the Paris Agreement’s 1.5°C goal.
“The decarbonisation of the global economy will require investment across countries and across decades, particularly in the transition away from fossil fuels. Stability of policy matters. At the IATA AGM in October 2021, IATA member airlines took the monumental decision to commit to achieving net zero emissions by 2050. As we move from commitment to action, it is critical that the industry is supported by governments with policies that are focused on the same decarbonisation goal,” said Willie Walsh, IATA’s director general.
“Achieving net zero emissions will be a huge challenge. The projected scale of the industry in 2050 will require the mitigation of 1.8 gigatons of carbon. Achieving that will require investments across the value chain running into the trillions of dollars. Investment at that magnitude must be supported by globally consistent government policies that help deliver the decarbonisation ambition, take into account differing levels of development, and do not distort competition,” said Walsh.
“I am optimistic that governments will support the industry’s ambition with an agreement on a Long Term Aspirational Goal at the upcoming ICAO Assembly. People want to see aviation decarbonise. They expect the industry and governments to be working together. The industry’s determination to achieve net zero by 2050 is firm. How would governments explain the failure to reach an agreement to their citizens?” said Walsh.
Stay up to date
Subscribe to the free Times Aerospace newsletter and receive the latest content every week. We'll never share your email address.