27-Sep-2016 10:34 AM

ICAO and EC sign Declaration of Intent on aviation emissions agreement

ICAO and the European Commission (EC) issued (26-Sep-2016) a 'Declaration of Intent' to continue cooperation to address climate change towards the implementation of the ICAO Global Market-Based Measure (GMBM). ICAO and the EC have cooperated on a CO2 Mitigation Project since 2013. On adoption of a decision by the ICAO Assembly on a GMBM, the parties intend to jointly examine the most effective mechanisms to upgrade the existing support and continue similar assistance, including cooperation and knowledge with other international organisations, with the aim of starting in 2018. Additionally, ICAO and the EC recognised the importance of capacity building projects and assistance to all states, to aid with GMBM implementation, including monitoring, reporting and verification of emissions, and creating and managing offsets to be purchased by airlines. [more - original PR]

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