ICAO joins alliance to address carbon credit shortage for Corsia
ICAO has joined an IATA-backed coalition working to secure enough eligible CO2 certificates for aviation's Corsia offsetting system, as a shortfall looms ahead of the first compliance deadline.
The International Civil Aviation Organization has joined an alliance backed by the airline industry to ensure sufficient CO2 certificates are available for the Corsia climate scheme, IATA announced at its World Sustainability Symposium. The alliance brings together more than 80 organisations and actors working to increase the supply of eligible emissions units.
Its focus is on approval procedures and on preventing the double counting of emissions reductions.
The move comes against a significant shortfall before Corsia's first accounting deadline in 2027. According to IATA, 72 million eligible emissions units had been covered by 42 state authorisations as of August 2026, up from 40 million at the start of the year.
The first accounting cycle is expected to require 200 to 250 million units, leaving a gap of at least 128 million certificates.
By taking part, ICAO said it aims in particular to help states align Corsia's requirements with their national climate targets under the Paris Agreement.
Corsia is the international system for offsetting certain CO2 emissions from international air traffic. Airlines are required to offset part of their emissions through recognised climate protection projects.
Sources
- aerotelegraph.comIcao schließt sich Initiative gegen Engpass bei CO₂-Zertifikaten für Airlines an