CORSIA is the world's first mandatory sector-specific compliance carbon pricing scheme. The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a global scheme to ensure the ...

Airlines around the world have recently begun to monitor their CO2 emissions as part of a UN climate deal. Last month marked the first step of the UN’s “Corsia” scheme, which aims to ensure any rise ...

[Co-author: Barry Moss, CEO of Avocet Risk Management Ltd.] Airlines and airline associations have broadly welcomed ICAO’s new carbon offsetting scheme, scheduled to commence on January 1, 2019.

Despite a historic and costly slowdown in air travel due to COVID-19 impacts, the Carbon Offsetting and Reduction Scheme for International Airlines (CORSIA) continues to advance in several key areas.

The aviation sector’s flagship carbon offsetting scheme is increasingly leaning on unapproved credits backed by insurance, exposing tensions that could test the credibility of the global system ...

LAS VEGAS, NEVADA - OCTOBER 14: A plane takes off from Harry Reid International Airport on October 14, 2022 in Las Vegas, Nevada. Holiday airfare prices are expected to be the most expensive in the ...

The ICAO Council has decided to disregard data from 2020 when calculating the baseline emissions for the CORSIA global carbon offsetting scheme for commercial aviation, in light of the coronavirus ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Corsia, the Carbon Offsetting and Reduction Scheme for International Aviation, will be in the spotlight when the 42nd Assembly of the International Civil Aviation Organization (ICAO) gets underway ...

A new UN-brokered deal for aviation will not require airlines to offset flight emissions for another six years and will cost them less than 1% of operating costs by 2035, a DW analysis has found. When ...