Subscribe Free
in Air Transport

Airlines call for implementation of global carbon offsetting scheme

Posted 7 June 2019 · Add Comment

The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) overwhelmingly approved a resolution calling on governments to continue important work for full implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreed through the UN’s International Civil Aviation Organization (ICAO).

 

CORSIA is the first global carbon pricing instrument for an industry sector. It will cap net CO2 emissions from international aviation at 2020 levels (carbon-neutral growth, or CNG).

“Airlines know that effective plans to cut emissions are critical to earning their license to meet the growing demands for air connectivity. In fact the strongest demand growth is in the developing world, reflective of aviation’s contribution to 15 of 17 of the UN’s Sustainable Development Goals. CORSIA sets the stage by capping emissions at 2020 levels. Between 2020 and 2035 it will mitigate over 2.5 billion tonnes of CO2 and generate at least $40 billion in finance for carbon reduction initiatives,” said Alexandre de Juniac, IATA’s Director General and CEO.

The AGM urged ICAO member states to:

Implement CORSIA as the single global market-based mechanism for climate change mitigation and avoid implementing overlapping or duplicate measures such as unilateral carbon taxes.

Consider volunteering to participate in CORSIA in the pilot phase.

Align domestic regulations on the monitoring, reporting and verification of emissions with CORSIA’s internationally-agreed standards, to prevent market distortions through multiple requirements.

“CORSIA is a landmark accomplishment. It is a concrete, well-defined way forward to cap global emissions from international aviation. States must not compromise it with inconsistent implementation or by adding a patchwork of taxes on top of it. Its vital mission is to stop growth in net emissions from aviation,” said de Juniac. 

The AGM also looked beyond CORSIA to the next commitment in the industry’s climate action strategy—cutting net emissions to half 2005 levels by 2050. The resolution urged airlines to implement all available fuel efficiency measures and to participate fully in a long-term switchover to sustainable aviation fuels. 

“CORSIA will stop our carbon footprint from growing. That is vitally important, but our next goal is even more critical—cutting net emissions to half 2005 levels by 2050. Airlines are investing in efficiency measures to achieve that—including new aircraft, better procedures and making forward buying commitments for sustainable aviation fuels. We will continue to make progress, but we need governments to be aligned in their policy actions. Along with implementing CORSIA, we need them to sort out inefficiencies in air traffic management and create the environment for the commercialization of sustainable aviation fuel,” said de Juniac.

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Etihad Airways most punctual Middle Eastern carrier in the first seven months of 2019

Etihad Airways was the most punctual Middle Eastern carrier in the first seven months of 2019.

MEBAA Show Morocco gearing up for September event

Business aviation exhibitors across the world are keen to take advantage of the region’s opportunities by promoting their products and services at the MEBAA Show Morocco, taking place 25-26 September at Marrakech Menara Airport.

DXB welcomes 41.3 million passengers in the first half of 2019

Dubai International (DXB) welcomed 41.3 million passengers in the first half of 2019, maintaining its position as the world’s largest international airport by traffic volume.

Pakistan and India Independence Days celebrated at Abu Dhabi International Airport

Visitors to Abu Dhabi International Airport (AUH) from Pakistan and India were greeted by the green, white and saffron colours of their national flags, and steaming cups of Karak chai, to commemorate the Independence days of the two

Embraer releases second quarter results

Embraer delivered 26 commercial and 25 executive (19 light and 6 large) jets during 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in 2Q18.

Abu Dhabi Airports completes preparations for the return of Hajj pilgrims

Abu Dhabi International Airport has completed preparations for the return of the Hajj pilgrims from Mecca and Medina over the upcoming weekend.

TAA SK0907311219
See us at
DIAC19_BT264161119Dubai AS BT2006211119AVAFA20BT2607050320MEBAAMORBT2006260919MEBCONBT1607240919BIDEC BT0108301019