BUSINESS NEWS


Flooding in Valencia in October 2024; inset, Department for


Environment minister Emma Hardy


Travel sector’s progress on fighting CO2 stalls


ICAO assembly merely reiterates previous commitments. Ian Taylor reports


Progress on countering global warming, both tempering the rise in global temperatures and mitigating its impact, appears increasingly stalled. The 42nd assembly of the


International Civil Aviation Organisation (ICAO) in Montreal closed in mid-October with no progress in addressing criticisms of ICAO’s Carbon Offsetting and Reduction Scheme for International Aviation (Corsia) despite producing a 26-page resolution. It merely reaffirmed a global


commitment to net zero carbon emissions by 2050 – ICAO’s ‘Long-


48 30 OCTOBER 2025


Term Aspirational Goal’ – and endorsed Corsia as the single global market-based measure for crediting offsets. But Corsia only applies to emissions above 85% of 2019 levels so will cover only about a quarter of international aviation emissions in Europe by 2035 and an analysis of credits issued by the middle of this year, involving a tree-planting programme in Guyana, found 84% did not represent real emission reductions. Separately, a deal to reduce


shipping’s global emissions was abandoned this month under pressure from the US and Saudi Arabia


when representatives of more than 100 countries met to approve an International Maritime Organisation (IMO) Net-Zero Framework deal (Travel Weekly, October 23). This would have seen shipping, including cruise, adopt global targets for emissions reduction. Both setbacks came as the UK


Climate Change Committee, which reports to the government on progress on emissions reduction, urged ministers to prepare for 2C warming by 2050,


Continued on page 46 travelweekly.co.uk


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PICTURES: Shutterstock/Vicente Sargues; Richard Townshend Photography


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