Member states of ICAO finalized an agreement to reduce greenhouse gas emissions including creating a framework to implement market-based measures to manage aviation GHGs on a sectoral basis. The comprehensive resolution, adopted by the 190 member states at the conclusion of the 37th ICAO General Assembly on Friday, formalizes last year's "aspirational goal" of achieving a 2% annual fuel efficiency improvement up to the year 2050. In addition to agreeing to the development ...

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