Climate change talks in Durban, South Africa have ended with an agreement to develop a "roadmap" towards striking a legally-binding deal for countries to cut carbon dioxide emissions from 2020, but no specific aviation-related targets were drawn up.
The United Nations Framework Convention on Climate Change's (UNFCCC) 17th conference of parties (COP17) went into extra time and resulted in all countries agreeing on a roadmap aimed at developing a legally-binding replacement for the Kyoto Protocol, to come into effect after 2020.
Negotiations on this roadmap are to be concluded by 2015.
A Green Climate Fund (GCF) has been set up to help developing countries adapt to the effects of climate change, and this fund may be partly funded by the aviation industry. However, no definitive agreement on sources of financing for the fund was reached.
"Aviation and shipping have been cited as potential sources for this fund in the sidelines of the negotiations," said Air Transport Action Group executive director Paul Steele.
"Aviation is willing to explore such approaches as part of a global approach to address aviation emissions developed through ICAO. However, any sectoral contributions into the GCF must be fair and proportionate. No sector should be singled out and no sector should be asked to shoulder a disproportionate share of the overall requirements."
Steele added that any revenues raised from aviation "should primarily be used to finance mitigation and adaptation measures throughout the aviation sector, particularly to develop sustainable aviation biofuels, including in developing countries".