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Ecology & Environment
Komal gupta

13/12/21 14:15 PM IST

Source: PIB

Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)

In News

ICAO decided to implement a Global Market Based Measure (GMBM) scheme in the form of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to address CO2 emissions from international civil aviation.

About the scheme

  • The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a global market-based measure designed to offset international aviation CO2 emissions in order to stabilize the levels of such emissions.
  • The offsetting of CO2 emissions will be achieved through the acquisition and cancellation of emissions units from the global carbon market by airplane operators.
  • CORSIA does not apply to domestic aviation. Under it, aircraft operators will begin monitoring their emissions from international flights and begin acquiring offsets for their emissions growth.

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