IATA: Historic Aviation Carbon Agreement Moves a Step Closer

The International Air Transport Association (IATA) expressed optimism for an agreement on a Carbon Offset and Reduction Scheme for International Aviation (CORSIA) when governments meet for the 39th Assembly of the International Civil Aviation Organization later this month. The draft negotiating text for CORSIA, published on 2 September 2016, broadly aligns with the aviation industry’s call for a mandatory global carbon offset scheme as a tool to help manage the industry’s emissions as it pursues its goal of carbon-neutral growth. Instead of being mandatory from the start, however, the draft text defines a voluntary “pilot and implementation” period (2021-2027) after