CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) is a CO2 offsetting and reduction program for international civil aviation. Due to the significant 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. The aviation companies have to offset their CO2 emissions with so-called offset certificates. The system will be implemented in three phases:
States can voluntarily participate in a pilot phase 2021–2023 and an initial phase 2024–2026.
In the second phase 2027–2035, participation is compulsory for all countries. Exceptions are states with a very low share of global flight movements. The industry’s greenhouse gas target is CO2-neutral growth from 2020.
Verified emission reductions (VER) according to the globally recognized Gold Standard (GS) or certified emission reductions (CER) of the Clean Development Mechanism (CDM) can be used to offset air traffic since 2021.
We would be happy to advise you on this and procure emission certificates approved for CORSIA.