Flying is changing. Airlines are under increasing pressure from the public, customers, and investors to disclose and mitigate their emissions because greenhouse gas emissions are the primary cause of a warming climate, impacting the well-being of people and the planet.
In the dynamic world of aviation, pursuing the industry’s goal of carbon net zero by 2050 will require a multi-faceted approach rooted in internal and external cooperation, supported by emission reduction measures and regulations.
Regulations are a powerful tool for advancing sustainability and ensuring fair competition because they create a level playing field by setting common standards that the aviation industry must adhere to. Environmental standards, greater transparency and accountability in sustainability reporting, incentives, and penalties are some of the ways in which regulation helps drive sustainability improvements.
However, the lack of a unified regulatory framework also…
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