Cape Town Convention (CTC)
AWG is committed to the global ratification of CTC. It consults with governments around the world on ratification, including on the declarations to be made and the relationship between CTC and national law. CTC compliance index: AWG is developing a CTC compliance index to monitor and assess compliance by contracting states with their undertakings under CTC.
The overriding objective of AWG work on XBT is to seek alignment of international regulation, national law, and best practices with the realities of cross-border transfers while at all times maintaining or improving the highest standards of safety through processes that reduce regulatory overlap and duplication and promote consistency, accuracy and simplicity.
Environmental Social and Governance
AWG has established a working group to assess, provide information, and potentially take action on, ESG geared to the context of aviation financing and leasing . The foregoing may include the development of metrics, methods, emissions (and CORSIA-related liability) tracking, reporting and documentation and/or principles geared to the context of aviation financing and leasing.