A new report from Abatable finds that Southeast Asian nations could earn between $1.6 billion and $8.5 billion over the next decade by supplying carbon credits to the aviation industry under CORSIA. The global offsetting scheme requires airlines to buy approved credits for international flights, and ASEAN already hosts four eligible projects in Cambodia and Laos. But the real potential lies in 54 additional projects that meet ICAO standards but still lack government approval. Without a Letter of Authorization, airlines cannot use those credits for compliance. If ASEAN governments move quickly to authorize these projects, the region could unlock millions of credits worth hundreds of millions of dollars at current prices. The report from Abatable estimates that authorized credits could add between $182 million and $419 million in value. Over the longer term, with more projects and rising demand from airlines, the total opportunity could reach $8.5 billion by 2035. The key bottleneck is policy action, not project supply.
