Statement on EU Commission Revision of the EU Emissions Trading Scheme

Geneva - The International Air Transport Association (IATA) is deeply frustrated at the proposed extension of the European Emissions Trading Scheme (EU ETS) beyond Europe's borders, an approach that was discredited over a decade ago.

"The EU is repeating a historic error. The consequences will be harmful-sowing acrimony over extraterritoriality, slowing global decarbonization, and sapping European competitiveness-with European travelers and businesses paying the price.

Instead of expanding the EU ETS beyond Europe's borders, the EU should focus on making CORSIA-the agreed global mechanism-even more successful.

Increasing SAF allowances and enabling a book-and-claim system for SAF could be promising steps, but the details are critical to success.

We will engage with European policy makers towards a more effective approach with no extraterritoriality, full support for CORSIA, and effective SAF incentives," said Willie Walsh, IATA's Director General.

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