China, US, Europe pledge support for global aviation emissions pact- II

  1. Background: Aviation was excluded from last December’s climate accord in Paris
  2. Paris deal: Countries agreed to limit the global average rise in temperatures to well below 2 degrees Celsius above pre-industrial levels
  3. ICAO has estimated that carbon offsetting will cost operators 0.2-0.6% of total revenue from international aviation beginning in 2025, and 0.5-1.4% from 2035
Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols
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