Corsia, or the Carbon Offsetting and Reduction Scheme for International Aviation, is a global market-based measure designed to mitigate the growth in emissions from international aviation. Developed by the International Civil Aviation Organization (ICAO), Corsia aims to provide a cost-effective and sustainable solution for reducing emissions from international aviation, which is one of the fastest growing sources of greenhouse gas emissions.

Corsia is designed to be a flexible and scalable solution, allowing countries and airlines to participate on a voluntary basis until 2027, after which participation will become mandatory for all countries and airlines. Under Corsia, airlines will be required to offset the emissions from their international flights by purchasing carbon credits from approved emissions reduction projects around the world.

One of the key features of Corsia is its focus on sustainability. The carbon credits purchased by airlines must be verified through rigorous accounting and verification processes, and they must represent real and verifiable emissions reductions. Additionally, Corsia has been designed to ensure that the carbon credits used to offset emissions are additional, meaning that they represent emissions reductions that would not have occurred otherwise.

Another important feature of Corsia is its flexible and scalable approach. Airlines have the option to offset their emissions through either a baseline and credit approach, or through a sustainability standard approach. The baseline and credit approach allows airlines to offset their emissions by purchasing carbon credits that are verified to meet the emissions reduction targets set by Corsia. The sustainability standard approach allows airlines to offset their emissions by purchasing carbon credits that are verified to meet a higher, more stringent standard of sustainability.

Corsia is expected to play an important role in reducing emissions from international aviation and mitigating the impacts of climate change. By providing a market for carbon offsets, Corsia provides airlines with a flexible and cost-effective mechanism for reducing emissions, and it supports the development and implementation of emissions reduction projects around the world.

In conclusion, Corsia is a critical component of the global effort to reduce emissions from international aviation and mitigate the impacts of climate change. By providing a flexible and scalable solution for reducing emissions, Corsia provides airlines with a mechanism for offsetting their emissions, and it supports the development and implementation of emissions reduction projects around the world. Whether you are an airline looking to offset your emissions, or a global organization looking to reduce your carbon footprint, Corsia is an important tool in the fight against climate change.

If your airline is impacted by Corsia, get in touch and we look forward to helping you achieve your goals!