Why CORSIA Matters
By Marie Owens Thomsen, IATA Senior Vice President, Sustainability & Chief Economist Global aviation leaders have convened for the 42nd Assembly of the International Civil Aviation Organization (ICAO). It’s a critical meeting that happens only once every three years and it is where states come together to discuss and agree on actions related to aviation’s most pressing issues. As you can imagine, with a commitment to achieve net zero carbon emissions by 2050, the issue of sustainability is high on the Assembly’s agenda. In particular, CORSIA—the Carbon Offsetting and Reduction Scheme for International Aviation—is in the spotlight. As aviation was coming to grips with the enormous challenge of decarbonization it was realized early that technical solutions for emissions reductions in [...]