The inclusion of aviation in the EU taxonomy regulation: groundbreaking or greenwashing?

Tuvana Aras

Chapter 6 in Challenges in Transport Regulation in Europe and Beyond, 2025, pp 99-118 from Edward Elgar Publishing

Abstract: Like other hard-to-abate industries, the aviation industry lacks commercially available net-zero solutions. This creates significant challenges, especially in the post-pandemic context in which economic recovery must accommodate growing environmental obligations. The European Union has established two frameworks to support investment in decarbonisation: a taxonomy that directs private investments to ‘economic activities most needed for the transition’ by establishing a ‘common language and a clear definition of what is “sustainable”’ and new guidelines on climate, the environment and energy for state aid (CEEAG). Both frameworks consider climate solutions for aviation to be subject to specific technical criteria. This chapter examines the compatibility of the aviation industry with these financial policies, particularly in view of the EU taxonomy principles. It also compares the CEEAG and the EU taxonomy to assess whether they create a harmonised regime to finance the transition of aviation to sustainability.

Keywords: Sustainable aviation; EU taxonomy; Paris Agreement; Green finance; State aid; Air law (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035369157
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035369164.00010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:24917_6

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().