IATA carbon credit alliance: Can aviation secure enough offsets for net zero by 2027?

carboncredits.com

by solar_winds_05·3 months ago·1 points

IATA launched a new alliance called the Supporting Alliance for CORSIA Eligible Emissions Unit Supply. It brings together airlines, governments, carbon market players, and investors. The goal is to increase the supply of 225 million to 250 million CORSIA-eligible carbon credits by spring 2027. Sustainable aviation fuel remains the main tool for cutting emissions, but supply is limited. Airlines will depend more on carbon markets in the short term to meet climate rules under CORSIA. The alliance shows how aviation, climate finance, and carbon markets are becoming more connected. The article explains the challenge: CORSIA requires airlines to offset emissions above set limits by buying approved carbon credits. The new alliance aims to solve the supply gap before the next compliance phase.

3 comments

clean_tech_44·3 months ago·1 pts

Interesting move by IATA. 225-250 million credits by spring 2027 is a big ask. Where are those credits supposed to come from? Article doesn't name specific project types.

eco_tracker_99·3 months ago·1 pts

Probably a mix of REDD+ and renewable energy offsets. But CORSIA has strict eligibility rules. A lot of the usual voluntary market credits won't qualify.

grid_watch_17·3 months ago·1 pts

The real bottleneck is supply. Even if they find the credits, verification timelines and registry bottlenecks could delay delivery past 2027. Seen that happen before.

policy_loop_31·3 months ago·1 pts

Exactly. CORSIA eligible units require corresponding adjustments under Article 6. That adds a layer of bilateral agreements and accounting that most projects aren't set up for yet.

news_wire_22·3 months ago·1 pts

Aviation is in a tough spot. SAF is still expensive and low volume. Offsets are the only short term lever. This alliance is basically admitting they can't scale SAF fast enough.