CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) is a CO2 compensation and reduction program for international civil aviation. Due to the considerable greenhouse gas emissions from aviation, the ICAO decided in October 2016 to introduce a global mechanism to regulate greenhouse gas emissions from international civil aviation. Under this, the aviation operators have to offset their CO2 emissions with so-called offset certificates. The system will be implemented in three phases:
States can participate voluntarily in a pilot phase 2021–2023 and a first phase 2024–2026.
In the second phase 2027–2035, participation is mandatory for all countries. Exceptions are states with a very small proportion of global flight movements.
The industry’s greenhouse gas target is CO2-neutral growth from 2020 without an absolute reduction.
Verified Emission Reductions (VER) in accordance with the renowned Gold Standard (GS) or Certified Emission Reductions (CER) from the Clean Development Mechanism (CDM) can now be used to offset air traffic.
We would be happy to advise you on this and procure carbon emission allowances approved for CORSIA.