Aviation emissions are responsible for 5% of global warming and shipping makes up almost 3% of global CO2.
These sectors have a CO2 impact equal to the UK and Germany and are continuing to grow rapidly – by up to 270% in 2050, by which time they could account for almost 40% of all emissions. Such emission growth will undermine reductions efforts by all countries and other sectors, effectively making the 1.5/2°C objective impossible to achieve.
T&E calls on all Parties to include a clear requirement in the COP21 Agreement for the International Civil Aviation Organisation (ICAO) and the International Maritime Organisation (IMO) to set realistic reduction targets consistent with 1.5/2°C objective by 2016 and to adopt measures to achieve them.
Dedicating a quarter of the carbon market revenues from the shipping and aviation industries can help to bridge the price gap between fossil fuels and...
Lessons from EU funding in Central and Eastern European countries