Subscribe Free
in Air Transport / Business Aviation / ATM & Regulatory

ICAO reaches agreement on carbon offset in historic conclusion

Posted 7 October 2016 · Add Comment

The International Civil Aviation Organisation (ICAO) last night finally concluded the long awaited historic agreement to implement a market-based measure that will support airlines' efforts to stabilise emissions with carbon neutral growth.


The agreement – strongly backed by IATA and its member airlines - was reached by states attending the 39th ICAO Assembly which ended yesterday in Montreal, Canada.
ICAO’s 191 member states agreed to implement a Carbon Offset and Reduction Scheme for International Aviation (CORSIA).
"The historic significance of this agreement cannot be overestimated. CORSIA is the first global scheme covering an entire industrial sector. The CORSIA agreement has turned years of preparation into an effective solution for airlines to manage their carbon footprint. Aviation is a catalytic driver of social development and economic prosperity—it is the business of freedom making our world a better place. This agreement ensures that the aviation industry’s economic and social contributions are matched with cutting-edge efforts on sustainability. With CORSIA, aviation remains at the forefront of industries in combatting climate change," said Alexandre de Juniac, IATA’s director general and CEO.
CORSIA is set to commence with a voluntary period (2021-2026) after which it will become mandatory. "The enthusiasm and commitment of states in the voluntary period is impressive. Even states that would normally not be required to participate—small island nations and developing economies—have shown their commitment by signing up. The list of states volunteering for the first phase now numbers 65, giving CORSIA which we estimate will cover more than 80% of growth post 2020. And we continue to encourage more states to join," said de Juniac.
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Russian narrow body makes successful first flight

Russia's newest commercial passenger aircraft, the MC-21 has made its first flight

Stefan Pichler takes CEO role at Royal Jordanian

Stefan Pichler has been appointed president and chief executive Officer of Royal Jordanian Airlines, succeeding Captain Suleiman Obeidat. He takes up the post from June 1.

Abu Dhabi brings top graduates to new terminal ORAT programme

Abu Dhabi Airports has selected 19 candidates from its National Development Programme (NDP) to join its Operational Readiness and Airport Transfer (ORAT) team, which was launched earlier this year to prepare the Midfield Terminal

Etihad Cargo aids return of black rhino to Rwanda

The critically endangered black rhino has returned to the wilds of Rwanda with the help of Etihad Cargo and animal transport specialist Intradco Global.

Lockheed Martin's LM-100J commercial freighter makes successful first flight

The first Lockheed Martin LM-100J commercial freighter aircraft achieved a critical milestone with the completion of its first flight in Georgia USA today.

Etihad takes delivery of its 'final' A380

Etihad Airways has taken delivery of its 10th and final Airbus A380.

Honeywell ADSBSK2642607172
See us at
DAS BT1105161117AIME BT1204240118DIAC BT11051211176th Annual Mediterranean Business Aviation