IATA has released updated global aviation net zero carbon emissions roadmaps

The International Air Transport Association (IATA), which is the global representative body for the airline industry, has released updated editions of its Policy Net Zero Roadmap and its Finance Net Zero Roadmap. IATA is currently holding its World Sustainability Symposium in Miami, in the US state of Florida. The two updated roadmaps contain deeper and wider analyses. Together, they came to four core conclusions. One, the air transport industry’s transition to net-zero by 2050 is feasible. Two, the scale of the investments necessary to achieve this are equivalent to those previously required for the creation of other new renewable-energy markets. Three, successfully transitioning the industry is fundamentally dependent on a unity of purpose among policymakers. Four, the time available for creating a joint approach to aviation’s energy transition is rapidly reducing, and every delayed action amounts to a lost opportunity.