Summary and Objectives
In 2014, the total economic impact of aviation reached some 3.5 per cent of world GDP or 2.4 trillion US dollars. The sector supported the global employment of 58.1 million people, given its cross-cutting nature and multiple links to other economic sectors.
Additionally, over half of the world’s 1.1 billion tourists crossed State borders by air to reach their destinations, a figure which rises to 80 percent for various small island States, meanwhile air freight represented 34.6 per cent of world trade by value.
Yet despite air transport’s clear economic significance and demonstrated ability to serve as a foundation and catalyst for global connectivity and economic growth, only 2.6 per cent of global 2005-2015 funding for infrastructure and services has supported aviation development.
A safe, secure and sustainable global aviation system, based on the effective implementation of global standards and which leaves no country behind, provides the nations of the world with efficient access to global markets. This connectivity increases tourism and trade and generates numerous economic benefits supporting poverty eradication, job creation and resource mobilization. Once established through suitable commitments and investments, this growth subsequently feeds into aviation re-investment supporting projected targets for network growth and efficiency, creating a sustainable and healthy cycle of national aviation and economic development.
ICAO, the United Nations’ Specialized Agency for civil aviation, recently launched a No Country Left Behind (NCLB) campaign to better identify and coordinate assistance to States. This in turn permits them to realize and benefit from any and all improvements in their civil aviation capacities and the connectivity they support.
The ICAO World Aviation Forum (IWAF) is a unique opportunity to further harness aviation’s vast potential for stimulating economic growth, in a manner consistent with the vision of the United Nations 2030 Agenda for Sustainable Development and the targets reflected in ICAO’s NCLB goals. IWAF will bring together States and the financial/development community to raise the level of assistance in the civil aviation sector by making air transport a priority enabler for national/regional development and mobilizing resources for this purpose.
The event seeks primarily to:
- Highlight ICAO’s NCLB efforts to assist States in implementing ICAO Standards and Recommended Practices (SARPs).
- Outline ICAO’s goals regarding improved business case preparation for aviation projects.
- Ensure that SARPs implementation is better harmonized globally so that all States have access to the significant socioeconomic benefits of safe and reliable air transport.
- Foster improved collaboration through ICAO among States, industry, and development and business
community partners.