ICAO ANNOUNCES MILESTONE IN CORSIA DEVELOPMENT
April 22, 2019
The Council of the International Civil Aviation Organization (ICAO) announced this month that it continues on schedule with the development of its Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The program is set to begin its voluntary pilot phase in January 2021 and will aim to facilitate climate-neutral growth of the aviation sector through market mechanisms.
The ICAO Council reached an agreement to implement CORSIA’s Technical Advisory Board (TAB) and approved the Terms of Reference for TAB, including the Board’s mandate, tasks and working methods. The Council also approved Emissions Units Criteria that will be used to evaluate sustainability programs submitted to the TAB for endorsement. These developments bring the overall CORSIA program one step closer to completion. 78 countries representing three-quarters of international flights have volunteered to participate in this pilot phase, including the U.S., Australia, Canada, Saudi Arabia, Japan, the UK and many other EU countries. Notable absences include China, Brazil and India.
If you have any questions, please contact Evelyn Sahr (esahr@eckertseamans.com or 202-659-6622); Drew Derco (dderco@eckertseamans.com or 202-659-6665), or Alexander Matthews (amatthews@eckertseamans.com or 202-659-6633).
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