CORSIA framework to reduce carbon emissions from international flights agreed upon by 65 nations

Briefing

CORSIA framework to reduce carbon emissions from international flights agreed upon by 65 nations

December 16, 2016

Briefing

  • Carbon reduction – International Civil Aviation Organization (ICAO) announced a global framework to offset carbon being emitted from international flights, which was agreed upon by 65 nations, representing 86.5% of international flight operations
  • Timeline – Will be for voluntary compliance in 2021 and mandatory by 2027
  • Carbon scheme – Countries are required to maintain yearly quota of emission units based on their 2019-20 pollution levels with any excess to require purchase of additional units from an openly-traded carbon exchange market
  • Other measures – Include improved engines, more efficient flightpaths, and use of biofuels to help achieve carbon neutral growth by 2020

Accelerator

Sector

Transportation and Logistics

Organization

International Civil Aviation Organization

Source

Original Publication Date

October 10, 2016

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