IATA calls for change in CORSIA baseline to protect airlines from future higher offsetting requirements

As a result of the coronavirus pandemic, IATA has called on the ICAO Council to change the baseline calculation used for the CORSIA offsetting scheme for international aviation emissions. Under rules agreed by ICAO, the baseline is set at the average emissions for the years 2019 and 2020. For the 15-year duration of CORSIA starting next year, airlines are required to purchase offsets to cover any annual growth in emissions above the baseline. The collapse in global air traffic as a result of the outbreak, with demand unlikely to recover this year, will lead to significantly lower 2020 emissions. This in turn will lower the baseline considerably than was previously projected and result in much higher anticipated offsetting requirements and therefore costs once the sector returns to previous levels, says IATA. It requests the Council to make the change no later than the end of June [...]

GreenAir Online

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