Source: ALTA ALTA launches the unprecedented report 'Route to Sustainability in Latin America and the Caribbean', which highlights progress, challenges, and essential strategies for understanding how this region, with its unique characteristics, can achieve its sustainability goals and become a global environmental benchmark On World Carbon Emissions Reduction Day, celebrated on January 28, the Latin American and Caribbean Air Transport Association (ALTA) reinforces the aviation sector’s commitment to sustainability and building a greener future. In this context, ALTA launches the unprecedented report "Route to Sustainability in Latin America and the Caribbean", which highlights progress, challenges, and essential strategies for understanding how this region, with its unique characteristics, can achieve its sustainability goals and become a global environmental benchmark. The report emphasizes [...]

Source: IATA The International Air Transport Association (IATA) announced its intention to hold regular procurement events in 2025 for airlines to purchase Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Eligible Emissions Units (EEUs). This followed the successful conclusion of IATA’s first procurement event with the following highlights: 32 airlines participated 11 airlines purchased CORSIA Phase 1 EEUs from the Government of Guyana This was the first large-scale purchase of CORSIA Phase 1 EEUs by airlines. The CORSIA EEUs purchased were Jurisdictional REDD+ ART Trees Guyana credits, which remain the only CORSIA EEUs available, and sold for $21.70 /tonne as part of the fixed-price auction/offering. These will be useable by airlines in fulfilling their CORSIA Phase 1 offsetting obligations [...]