Resolution: Airlines Call for Implementation of Global Carbon Offsetting Scheme
Last Update: Saturday, June 8, 2019 : 12:23 (+4GMT)
Dubai, United Arab Emirates - 08 June 2019: The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) overwhelmingly approved a resolution calling on governments to continue important work for full implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) agreed through the UN’s International Civil Aviation Organization (ICAO).
CORSIA is the first global carbon pricing instrument for an industry sector. It will cap net CO2 emissions from international aviation at 2020 levels (carbon-neutral growth, or CNG).
“Airlines know that effective plans to cut emissions are critical to earning their license to meet the growing demands for air connectivity. In fact the strongest demand growth is in the developing world, reflective of aviation’s contribution to 15 of 17 of the UN’s Sustainable Development Goals. CORSIA sets the stage by capping emissions at 2020 levels. Between 2020 and 2035 it will mitigate over 2.5 billion tonnes of CO2 and generate at least $40 billion in finance for carbon reduction initiatives,” said Alexandre de Juniac, IATA’s Director General and CEO.
The AGM urged ICAO member states to:
• Implement CORSIA as the single global market-based mechanism for climate change mitigation and avoid implementing overlapping or duplicate measures such as unilateral carbon taxes.
• Consider volunteering to participate in CORSIA in the pilot phase.
• Align domestic regulations on the monitoring, reporting and verification of emissions with CORSIA’s internationally-agreed standards, to prevent market distortions through multiple requirements.
“CORSIA is a landmark accomplishment. It is a concrete, well-defined way forward to cap global emissions from international aviation. States must not compromise it with inconsistent implementation or by adding a patchwork of taxes on top of it. Its vital mission is to stop growth in net emissions from aviation,” said de Juniac.
The AGM also looked beyond CORSIA to the next commitment in the industry’s climate action strategy—cutting net emissions to half 2005 levels by 2050. The resolution urged airlines to implement all available fuel efficiency measures and to participate fully in a long-term switchover to sustainable aviation fuels.
“CORSIA will stop our carbon footprint from growing.
That is vitally important, but our next goal is even more critical—cutting net emissions to half 2005 levels by 2050. Airlines are investing in efficiency measures to achieve that—including new aircraft, better procedures and making forward buying commitments for sustainable aviation fuels. We will continue to make progress, but we need governments to be aligned in their policy actions. Along with implementing CORSIA, we need them to sort out inefficiencies in air traffic management and create the environment for the commercialization of sustainable aviation fuel,” said de Juniac.
Previous Article
KLM Royal Dutch Airlines to Host 76th IATA AGM in Amsterdam
Next Article
Resolution: End-to-end Seamless Travel across Borders Closer to R...
Most Viewed – Last 30 Days
- From a Pair of Shoes to a New Dubai Property: British Expat Wins Through ‘Win ... [3006-Views]
- UAQ Free Zone and Port City Colombo Sign Agreement to Promote Investment ... [1973-Views]
- Sheikh Zayed Falcon Release Programme releases 2,400+ falcons in the wild sinc... [1823-Views]
- DSS FINAL SALE BRINGS UP TO 90% OFF ACROSS MORE THAN 500 BRANDS FOR THE FINAL ... [1552-Views]
- President of the Comoros H.E. Azali Assoumani inaugurates UAE-financed solar p... [1515-Views]
- Environment Agency - Abu Dhabi partners with Japan’s Suwa Falconry Preservatio... [1513-Views]
- e& UAE launches Business Pro AI bundled with Microsoft Copilot at no additiona... [1412-Views]
- Held under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan Ab... [1186-Views]
- Beautyworld Dubai's 30th Edition Brings Global BeautyIcons Together This Octob... [1182-Views]
- Tadej Pogacar Chases Tour de France–Vuelta a Espana Double... [1143-Views]
- In a first-of-its-kind experience for a private Emirati company Hattlan Media... [1108-Views]
- "A Dubai Invite" programme concludes following more than 90,000 applications f... [1087-Views]
- Al Habtoor Motors launches ‘Back to School with Mitsubishi’ offers with Buy No... [1036-Views]
- Stellar Wine Cellar: Emirates to serve exceptional Champagnes and fine wines o... [1015-Views]
- Salik Renews Strategic Partnership for Five Years to Support Tolling System an... [973-Views]
- LG Empowers Designers and Videographers with New Ultrafine Evo 6K Monitor... [966-Views]
- President of Senegal Receives HE Al Zeyoudi in Dakar to Discuss Expanding Trad... [900-Views]
- ‘Win Your Home in Dubai’ Concludes Landmark Citywide Initiative, Driving More ... [861-Views]
- Abu Dhabi Student’s AI Triage Platform That Guides Patients to Right Care Wins... [849-Views]
- Isaac del Toro lands overall title at the Lidl Deutschland Tour... [809-Views]





