Green Airport Investments to Mitigate Externalities

Abstract

Transport systems are important pollution sources, mainly in terms of greenhouse gases, noise and land consumption. To mitigate the problem and safeguard airport development at the same time, the involved stakeholders are fixing goals, priorities and duties in order to promote the sustainable development of the air transport industry at global level and the wellness of local communities as well. It is desirable to estimate airport noise and carbon impacts in order to suitably manage them and identify strategies in line with the concept of green economy. In this chapter, a general framework to identify optimal procedures and methods to evaluate the effectiveness of policies addressed to reduce airport impacts on the airport surroundings is proposed. The case study of the airport of Bologna is presented as an example of Transport Company that effectively operates to minimize its noise and carbon impacts. According to the proposed general framework, impacts and estimated costs to achieve the status of green company have been computed.