CORSIA: The Initiative to Combat Aviation Emissions
The aviation industry is responsible for approximately 2% of the world's carbon dioxide emissions. With the industry growing rapidly, there is an increasing need for effective measures to reduce its carbon footprint. One such measure is CORSIA, an initiative launched by the International Civil Aviation Organization (ICAO) in 2016. In this blog, we will explore what CORSIA is, its phases, challenges faced by the industry, who must comply, what types of carbon credits are accepted, and how airlines can adhere to CORSIA. Additionally, we will discuss the importance of engaging travelers in the effort to reduce aviation emissions.
What is CORSIA? it stands for Carbon Offsetting and Reduction Scheme for International Aviation. It is a global initiative aimed at reducing carbon dioxide emissions from international aviation by 2.5 billion tons from 2020 to 2035. CORSIA was founded by the ICAO, which is the United Nations specialized agency for aviation, and is intended to complement other measures being taken by the industry to reduce emissions.
Phases of CORSIA CORSIA is being implemented in three phases. The first phase began in 2021 and runs until 2023. During this phase, participation is voluntary for all countries. The second phase runs from 2024 to 2026 and will include all countries that have an annual international aviation activity of more than 10,000 tonnes of carbon dioxide emissions. The third phase, from 2027 to 2035, includes all countries, regardless of the level of their international aviation activity.
Challenges for the Industry One of the biggest challenges for the aviation industry is finding carbon credits that meet the strict requirements of CORSIA. Carbon credits are financial instruments that represent a reduction or removal of carbon dioxide from the atmosphere. CORSIA only accepts carbon credits that meet certain criteria, including being real, additional, and permanent. Finding enough high-quality carbon credits to offset emissions from the aviation industry is a challenge that must be addressed.
Who Must Comply? All airlines that operate international flights and exceed a certain threshold of carbon dioxide emissions must comply with CORSIA. In the first phase, participation is voluntary for all countries, but airlines are encouraged to participate. In the second and third phases, participation is mandatory for all countries that meet the criteria.
Types of Carbon Credits Accepted CORSIA only accepts carbon credits that meet strict criteria. These credits must be from activities that were not already required by law or regulation, be real and measurable, represent a reduction in emissions that is additional to what would have occurred otherwise, and be permanent. The credits must also come from projects that are verified by third-party organizations.
Adherence to CORSIA Airlines that are required to comply with CORSIA must report their emissions data to the appropriate authorities. They must then offset any emissions that exceed their baseline level of emissions by purchasing and retiring carbon credits. Airlines can participate in the voluntary phase of CORSIA to gain experience and prepare for mandatory participation in later phases.
Engaging Travelers Travelers play an important role in reducing emissions from the aviation industry.
According to a recent survey (2021) conducted by McKinsey of over 5,000 passengers, over 56% of respondents considered it important for airlines to take action to reduce emissions, with a higher percentage among younger travelers. This highlights the growing importance of sustainability in the minds of travelers and the need for the industry to prioritize emissions reduction efforts. The survey found that less than 30% of respondents would be willing to pay more for a ticket if it helped to reduce the environmental impact of their flight.
Additionally, the survey found that younger travelers were more likely to be concerned about sustainability than older travelers.
CORSIA is a critical step towards a more sustainable aviation industry. While there are challenges to be faced, it is essential that we work together to ensure that the initiative is successful. By doing so, we can help reduce the environmental impact of air travel and create a more sustainable future for our planet.
In conclusion, CORSIA is a global initiative aimed at reducing the carbon footprint of the aviation industry. Airlines must comply with CORSIA by reporting their emissions data and offsetting any excess emissions by purchasing carbon credits. While challenges exist, such as finding high-quality carbon credits, the industry is taking steps towards a more sustainable future. It is also important to note that travelers can play a role in this effort by choosing airlines that are committed to reducing emissions and by participating in voluntary carbon offset programs.