BUSINESS NEWS


The start of the COP30 conference in Brazil this


week was preceded by the EU watering down plans to cut greenhouse gas emissions by 90% by 2040


Aviation bodies say EU ‘falls short’ on CO2 aid


Coalition ‘deeply concerned’ about funding for shift to SAF. Ian Taylor reports This drew a mixed response. The


The COP30 climate conference in Brazil got underway this week amid muted hopes for decisive action to combat global warming and to mitigate the consequences. Representatives of leading


oil-producing countries, including last year’s COP29 host Azerbaijan, were not even in Brazil. Ahead of the summit, EU member


states watered down plans to cut greenhouse gas emissions by 90% by 2040 despite retaining the target in the bloc’s Sustainable Transport Investment Plan (STIP), published last week.


64 13 NOVEMBER 2025


Destination 2050 coalition of aviation bodies, including Airlines for Europe and airports association ACI Europe, described it as “an important step forward” and “signal to tackle the teething problems of the sustainable aviation fuel (SAF) market in Europe”, but concluded it “falls short of what is needed to accelerate decarbonisation of air transport”. The coalition described the


funding support as “disappointingly low” and said it was “deeply concerned” by uncertainty over


establishing a system for airlines to book and claim SAF regardless of local availability and extending SAF allowances under the EU emissions trading scheme (ETS) beyond 2030, as well as the absence of support for hydrogen or electric power. However, it welcomed agreement


on a double-sided auction system – in which buyers and sellers submit bids and seek prices simultaneously, like a stock market – to boost SAF investment.


Continued on page 62 travelweekly.co.uk


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