The travel sector has witnessed a notable decrease in global emissions, yet further endeavours are imperative.
Economic recovery in tourism contrasts with its environmental responsibilities. Recent data underscores this complex relationship.
In the past year, global travel and tourism emissions accounted for 6.7% of total emissions. This marks a notable decline from the pre-pandemic high of 7.8% in 2019, when the sector’s activity was at its peak. Despite this reduction, there remains a pressing need for the sector to enhance its sustainability efforts. The contrast between economic recovery and environmental responsibility presents a challenge.
The sector’s contribution to the global GDP nearly reached pre-pandemic levels, amounting to $9.9 trillion, which is just 4% below its peak. However, greenhouse gas emissions fell by 12% from the 2019 peak, demonstrating a significant decrease in GHG intensity per GDP. This data underscores the sector’s ability to grow economically while reducing its environmental footprint, yet highlights the ongoing need for industry-wide initiatives.
The World Travel & Tourism Council (WTTC) emphasises the need for the industry to seize opportunities presented by the green transition. The report notes an increase in renewable energy use alongside a modest reduction in fossil fuel reliance, down from 90% in 2019 to 88.2%. The shift towards low-carbon energy is ongoing, with nuclear and renewables contributing 5.9% to energy sources, up from 5.1%.
Governments worldwide have benefited from increased tax revenues due to the resurgence of the travel and tourism sector, totalling $3.32 trillion. This constitutes 9.6% of global tax revenues. The WTTC calls for reinvestment of these funds into decarbonising infrastructure and supporting the business shift towards greener practices. Such investments are pivotal for the sector to meet international climate targets.
Julia Simpson, President and CEO of WTTC, asserts the sector can achieve responsible growth. Simpson states, “We’re decoupling growth from emissions,” highlighting the capacity for tourism to expand economically while reducing its ecological impact. Nevertheless, she insists on the necessity for absolute reductions in emissions to fulfil the Paris climate targets, calling for accelerated progress in sustainable practices.
The 24th global summit of WTTC in Perth served as a platform to unveil crucial data on sector emissions and sustainability goals. Industry leaders discussed strategies for blending innovation with sustainability in shaping future tourism. The summit highlighted the symbiotic relationship between economic growth and environmental stewardship, stressing the importance of decisive actions to sustain this balance.
Acknowledging the promising strides made so far, industry leaders agree there’s more work ahead. The travel sector must intensify efforts to align with international sustainability benchmarks. This calls for comprehensive strategies and collaborative actions. As highlighted, while progress is evident, raising the bar remains crucial for achieving lasting environmental and economic harmony.
The sector’s progress in reducing emissions juxtaposes with its economic resurgence. To meet climate goals, heightened dedication is essential.
