International Air Passenger Adaptation Levy

Synonyms

IAPAL

Definition

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.

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.