Airlines urged to ‘keep the faith’ in CORSIA amid shortage of eligible emissions units

Airlines are being encouraged to maintain confidence in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) due to a growing supply deficit. Intensified efforts are underway to resolve this issue before CORSIA's mandatory phase commences in 2027. Proponents believe that continued support is crucial as they work to address the scarcity of available emissions credits. The global market-based mechanism, designed to mitigate carbon emissions from international flights, faces significant challenges regarding its implementation. Stakeholders recognize the importance of maintaining faith while actively pursuing solutions to ensure CORSIA’s successful operation.