Zürcher Nachrichten - At COP30, nations target the jet set with luxury flight tax

EUR -
AED 4.184217
AFN 71.778596
ALL 94.26058
AMD 418.558169
ANG 2.039871
AOA 1044.771654
ARS 1684.037898
AUD 1.652409
AWG 2.052229
AZN 1.941395
BAM 1.955605
BBD 2.29677
BDT 140.265982
BGN 1.926481
BHD 0.429957
BIF 3386.861518
BMD 1.139336
BND 1.475553
BOB 7.880212
BRL 5.89839
BSD 1.140386
BTN 107.036303
BWP 15.497451
BYN 3.307369
BYR 22330.988246
BZD 2.293471
CAD 1.616661
CDF 2583.449152
CHF 0.922361
CLF 0.026741
CLP 1051.03496
CNY 7.745378
CNH 7.752824
COP 3917.408495
CRC 517.748256
CUC 1.139336
CUP 30.192408
CVE 110.253981
CZK 24.27816
DJF 203.069705
DKK 7.480658
DOP 67.003304
DZD 152.015808
EGP 56.43136
ERN 17.090042
ETB 183.850126
FJD 2.581854
FKP 0.861788
GBP 0.863068
GEL 3.01359
GGP 0.861788
GHS 12.857715
GIP 0.861788
GMD 83.171943
GNF 9992.001402
GTQ 8.700131
GYD 238.656149
HKD 8.935301
HNL 30.511951
HRK 7.539903
HTG 149.045104
HUF 354.163079
IDR 20349.226973
ILS 3.420345
IMP 0.861788
INR 107.508332
IQD 1493.850705
IRR 1566872.020062
ISK 144.115067
JEP 0.861788
JMD 179.602051
JOD 0.807834
JPY 184.293362
KES 147.565252
KGS 99.635383
KHR 4577.542521
KMF 494.472282
KPW 1025.40292
KRW 1749.211811
KWD 0.35275
KYD 0.950305
KZT 553.304703
LAK 25030.498458
LBP 102119.294221
LKR 383.321691
LRD 207.719241
LSL 18.745127
LTL 3.364164
LVL 0.689173
LYD 7.320268
MAD 10.693231
MDL 20.218979
MGA 4823.517939
MKD 61.628841
MMK 2391.906346
MNT 4077.580531
MOP 9.211779
MRU 45.511452
MUR 53.834064
MVR 17.603174
MWK 1977.402379
MXN 19.943172
MYR 4.65765
MZN 72.807828
NAD 18.745127
NGN 1567.875065
NIO 41.965806
NOK 11.31707
NPR 171.257885
NZD 2.017953
OMR 0.438079
PAB 1.140386
PEN 3.888611
PGK 5.0045
PHP 69.855021
PKR 317.362483
PLN 4.291823
PYG 6960.304389
QAR 4.156785
RON 5.244483
RSD 117.36827
RUB 89.906115
RWF 1670.033097
SAR 4.282472
SBD 9.173881
SCR 16.016599
SDG 683.602068
SEK 11.094411
SGD 1.474533
SHP 0.850629
SLE 28.259714
SLL 23891.313258
SOS 651.734866
SRD 42.70578
STD 23581.957684
STN 24.497552
SVC 9.978003
SYP 125.933213
SZL 18.734128
THB 38.028805
TJS 10.554045
TMT 3.987676
TND 3.379962
TOP 2.743248
TRY 53.039861
TTD 7.750225
TWD 36.299026
TZS 2999.100271
UAH 51.186584
UGX 4185.581694
USD 1.139336
UYU 45.775425
UZS 13697.631062
VES 707.246307
VND 29964.540351
VUV 136.297015
WST 3.167398
XAF 655.89145
XAG 0.019435
XAU 0.00028
XCD 3.079113
XCG 2.055195
XDR 0.815718
XOF 655.89145
XPF 119.331742
YER 271.874128
ZAR 19.354809
ZMK 10255.396502
ZMW 20.541947
ZWL 366.865771
  • CMSC

    -0.1160

    21.93

    -0.53%

  • BCC

    1.2600

    81.02

    +1.56%

  • NGG

    -0.4100

    83.01

    -0.49%

  • GSK

    0.6100

    52.5

    +1.16%

  • JRI

    0.2100

    12.79

    +1.64%

  • RBGPF

    3.7000

    65

    +5.69%

  • RIO

    -1.3700

    93.74

    -1.46%

  • CMSD

    -0.1600

    21.77

    -0.73%

  • BCE

    -0.2800

    22.92

    -1.22%

  • BTI

    0.2800

    62.76

    +0.45%

  • RYCEF

    0.3900

    18.39

    +2.12%

  • RELX

    0.4200

    31.34

    +1.34%

  • VOD

    0.0300

    13.89

    +0.22%

  • AZN

    2.7300

    188.41

    +1.45%

  • BP

    -0.5900

    37.13

    -1.59%

At COP30, nations target the jet set with luxury flight tax
At COP30, nations target the jet set with luxury flight tax / Photo: Kevin Dietsch - GETTY IMAGES NORTH AMERICA/AFP/File

At COP30, nations target the jet set with luxury flight tax

France, Spain and Kenya are among a group of countries spearheading a drive at the COP30 climate summit for a new tax on luxury air travel, a source close to the matter told AFP.

Text size:

Rooted in the idea that a small elite of premium flyers should pay more for their outsized contribution to global warming, the proposal will likely pit them against the powerful aviation industry.

Diplomats from the coalition of more than 10 countries are pushing for more to come aboard.

"We want to expand the coalition and, in particular, bring in more European states," the source said.

Business and first-class seats carry roughly triple the planet-warming emissions footprint of an economy ticket, while private jets emit up to 14 times more per passenger-kilometre compared to commercial flights.

Countries that do not yet have such a tax would commit to imposing levies on business and first-class tickets as well as private jets.

Those that already do -- such as France -- are pledging greater ambition, with steeper and more progressive rates. In practice, that could mean a dedicated surcharge on first-class travel.

For private jets, the tax could be tied to kerosene consumption, though other mechanisms are under discussion.

The initiative is led by the Global Solidarity Levies Task Force, a group launched in 2023 and co-chaired by Barbados, Kenya and France.

They have chosen COP30, held in Brazil's Belem and billed as a moment for nations to move from climate pledges to action, as the runway to launch their proposal.

- 'It's only fair' -

"We need innovative and fair financing," French President Emmanuel Macron said Thursday at a leaders' summit ahead of COP30, which officially kicks off Monday.

"With Kenya, Spain, Somalia, Benin, Sierra Leone, and Antigua and Barbuda, we have made significant progress toward a greater contribution from the aviation sector to adaptation," he said. This group of countries also includes Djibouti and South Sudan.

"It's only fair that those who have the most, and therefore pollute the most, pay their fair share," Spanish Prime Minister Pedro Sanchez said Friday.

The move is likely to face headwinds from airlines, including Air France, which in March unveiled a new version of its "La Premiere" cabin -- the first update since 2014.

Designed for long-haul Boeing 777s, the "suites" will feature five windows, an armchair and a chaise longue that converts into a bed.

Proponents of the tax believe that demand for ultra-luxury travel is only weakly affected by price, and that the ultra-wealthy will keep flying even if tickets become slightly more expensive.

"Properly designed aviation taxes can raise predictable revenue for climate and development finance, while reinforcing fairness and solidarity," argues the coalition of countries, in a new document explaining the rationale.

Supporters cite the Maldives as an example. The tourism-dependent island nation charges steep departure taxes: $120 for business class, $240 for first class and $480 for private jets.

"There's no reason why other countries can't do the same," the source told AFP.

H.Roth--NZN