Bank Of Baku

Baku to host high-level panel discussion on “International Aviation and Climate Change”

Baku to host high-level panel discussion on “International Aviation and Climate Change”
# 05 November 2024 11:15 (UTC +04:00)

On November 20, 2024, a high-level panel discussion on “International Aviation and Climate Change” will be held in Baku within the framework of COP 29, the Ministry of Digital Development and Transport told APA-Economics.

This event, jointly organized by the Ministry of Digital Development of the Republic of Azerbaijan, Ministry of Energy of the Kingdom of Saudi Arabia, and the International Civil Aviation Organization (ICAO), will bring together ministers, government officials, industry leaders, and key stakeholders to engage in meaningful dialogue on the most recent advancements in the decarbonization of international aviation.

The international aviation sector accounts for nearly 2.0% of total global CO2 emissions, which are relatively small compared to other sectors but projected to increase in the near future. As the demand for air travel continues to surge, these emissions are expected to rise significantly unless decisive and proactive measures are implemented to curb them.

As the aviation sector is one of the hard-to-abate sectors and there are no reliable alternatives to liquid fuels in the short term. Thus, there is a need for urgent global action to accelerate the global scale-up in the development and deployment of sustainable aviation fuel (SAF), low-carbon aviation fuels (LCAF), and other cleaner energy sources in order to achieve the long-term global aspirational goal for international aviation (LTAG). The event is aligned with ICAO long-term global aspirational goal of achieving Net-Zero Carbon Emissions by 2050 for international aviation.

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