ICAO Council agrees to the safeguard adjustment for CORSIA in light of COVID-19 pandemic
The Council of ICAO today agreed to provide a clear safeguard, in light of the COVID-19 pandemic, to the CORSIA – Carbon Offsetting and Reduction Scheme for International Aviation, the first ever global market-based measure being applied for any industry sector.
The CORSIA was designed to address gaps in aviation’s ability to reduce and eliminate its CO2emissions through ongoing innovations in aircraft design, propulsion, operational procedures, fuels and other more sustainable means, to achieve the sector’s aspirational goal of carbon neutral growth from 2020.
ICAO Assembly Resolution A40-19, which defines the CORSIA, includes modalities to adjust the CORSIA both in case of an unforeseen circumstance that affects the sustainability of the scheme or an inappropriate economic burden such as that caused by COVID-19, as well as for reviewing the need for adjusting the design elements of the scheme through periodic reviews every three years.
The impact of the COVID-19, significantly lowering international aviation operations, traffic and emissions in 2020, would lead to a consequential reduction in the CORSIA baseline, calculated as the average of 2019 and 2020 emissions from the sector. This, in turn, would create an inappropriate economic burden to aeroplane operators, due to the need to offset more emissions although they are flying less and generating less emissions. [...]
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