Emissions reduction

How can investors ensure a 1.5°C future for the aviation sector?

By the Climate Action 100+
March 2022

The aviation industry needs to redefine air travel in a post-pandemic world by decarbonising the sector to meet global climate goals. 

The industry is responsible for about 2.5% of global CO2 emissions, and its contribution to global CO2 emissions is expected to increase to 16% by 2050. Investors need to take action to accelerate the industry’s transition to net zero by aligning with the International Energy Agency’s (IEA) 1.5°C pathway for the industry, which calls for a massive scale-up of sustainable aviation fuels. To limit global temperature rise to safe levels, demand for air travel will have to be constrained, particularly for business travel and long-haul leisure flights, through measures such as capping demand at pre-pandemic levels and shifting demand to high-speed rail where possible. 

Carbon offsetting is not a credible decarbonization strategy for aviation companies, and investors need to encourage aviation companies to shift their focus to absolute emissions reductions.

 

Decarbonization of aviation – reduction of business air travel – shift to rail

Read more:
January 2026
Scottish Government
The Scottish Government will also introduce their own distance-based flight tax starting in April 2027. The proposed taxes include: £7...
January 2026
Dutch government
Announced in November 2023, the measure is part of the airport’s strategy to cut carbon dioxide emissions and noise pollution...
Private jet passengers travelling to the UK are set to face a fourfold increase in taxes. Starting in 2027, long-haul...

NEW WEBSITE