ICAO Council agrees to the safeguard adjustment for CORSIA in light of COVID-19 pandemic
Source: ICAO 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 CO2 emissions 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 [...]