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International Air Passenger Adaptation Levy


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Synonyms: IAPAL, Taxe sur le transport aérien de passagers en faveur de l´adaptation

The International Air Passenger Adaptation Levy was originally proposed by the Maldives on behalf of the Group of Least Developed Countries (LDCs) at last December’s UNFCCC meeting in Bali. The levy would place a two-tier charge, based on class of travel, on an international flight ticket and would be expected to raise between $8 billion and $10 billion annually.

Related terms:
adaptation fund, tobin tax

Broader terms:
innovative funding streams

Linked data frontend for International Air Passenger Adaptation Levy.