Aviation remains a cornerstone of our globalized economy, shrinking distances and accelerating the movement of people and goods, thereby enabling tourism and trade. But it is also one of the hardest sectors to align with global climate-neutrality goals by 2050.
Months of trade uncertainty and higher tariffs haven’t stopped US shoppers from adding to their carts throughout the year. Black Friday and Cyber Monday sales are likely to hit a new record this year but the US consumption engine has been resilient throughout the tariff uncertainty.
The global transition stands at a critical crossroads. A decade after the Paris Agreement climate impacts are accelerating: 2024 was the hottest year on record, with direct climate damages reaching USD300bn and broader economic losses in the trillions.
