Free Trial

EMISSIONS: Aviation CO2 Emissions Drop 10% in 2023 But Set to Rise Again

EMISSIONS

The European Aviation Environmental Report 2025 indicates that CO2 emissions from aviation, which totalled 133mn tonnes in 2023, are down 10% from 2019 levels but are expected to increase to 144mn tonnes by 2030 under a baseline traffic scenario.

  • In 2023, single and twin-aisle jets made up 77% of flights, contributing to 96% of the sector’s CO2 emissions. Long-haul flights (>4,000 km), which comprised 6% of flights, accounted for 46% of the CO2 output.
  • The report suggests that achieving the ReFuelEU Aviation mandate for sustainable aviation fuels could reduce net CO2 emissions by at least 65mn tonnes, or around 47%, by 2050.
  • The CO2 emissions per passenger kilometre further dropped to 83 grams in 2023, equivalent to 3.3 litres of fuel per 100 passenger kilometres.
  • Numerous airport initiatives are underway to invest in on-site renewable energy production and electrify ground support equipment, helping reduce emissions.
  • A total of 118 airports across Europe have set a net-zero CO2 emissions target for 2030 or sooner, with 16 airports already achieving this goal.
  • Additionally, to comply with ReFuelEU Aviation, airport infrastructure will need to be adapted to support sustainable aviation fuels and zero-emission aircraft, such as electric and hydrogen-powered planes.
  • A sub-mandate for synthetic e-fuels, or SAF, starting at 0.7% in 2030 and rising to 35% in 2050, highlights their substantial potential for reducing emissions.
  • The report recommends that the aviation sector should aim for net zero by 2050 and reduce emissions by 5% in 2030 amid increased uptake of SAF and other initiatives.




     

    image
243 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The European Aviation Environmental Report 2025 indicates that CO2 emissions from aviation, which totalled 133mn tonnes in 2023, are down 10% from 2019 levels but are expected to increase to 144mn tonnes by 2030 under a baseline traffic scenario.

  • In 2023, single and twin-aisle jets made up 77% of flights, contributing to 96% of the sector’s CO2 emissions. Long-haul flights (>4,000 km), which comprised 6% of flights, accounted for 46% of the CO2 output.
  • The report suggests that achieving the ReFuelEU Aviation mandate for sustainable aviation fuels could reduce net CO2 emissions by at least 65mn tonnes, or around 47%, by 2050.
  • The CO2 emissions per passenger kilometre further dropped to 83 grams in 2023, equivalent to 3.3 litres of fuel per 100 passenger kilometres.
  • Numerous airport initiatives are underway to invest in on-site renewable energy production and electrify ground support equipment, helping reduce emissions.
  • A total of 118 airports across Europe have set a net-zero CO2 emissions target for 2030 or sooner, with 16 airports already achieving this goal.
  • Additionally, to comply with ReFuelEU Aviation, airport infrastructure will need to be adapted to support sustainable aviation fuels and zero-emission aircraft, such as electric and hydrogen-powered planes.
  • A sub-mandate for synthetic e-fuels, or SAF, starting at 0.7% in 2030 and rising to 35% in 2050, highlights their substantial potential for reducing emissions.
  • The report recommends that the aviation sector should aim for net zero by 2050 and reduce emissions by 5% in 2030 amid increased uptake of SAF and other initiatives.




     

    image