Madagascar, Zambia, and Zimbabwe join UK and Guyana in aviation carbon market compact ahead of CORSIA 2027 mandate

travelandtourworld.com

by eco_tracker_99·2 months ago·1 points

Madagascar, Zambia, and Zimbabwe have joined the Aviation Carbon Market Compact, a global initiative to increase the supply of high-quality carbon credits for airlines. The partnership, which also includes the United Kingdom and Guyana, brings the Supporting Alliance for CORSIA Eligible Emissions Unit Supply to 50 members. As CORSIA enters its mandatory phase in 2027, airlines are expected to need between 225 million and 250 million eligible emissions units by spring 2027. For African nations with rich natural capital, this creates an opportunity to connect conservation and renewable energy projects with international climate finance. The move builds on regional cooperation through the Southern Africa Alliance on Carbon Markets and Climate Finance, launched earlier this year. It also strengthens the link between sustainable tourism and carbon markets, as countries like Madagascar, Zambia, and Zimbabwe seek to attract investment while meeting global aviation decarbonization goals.

1 comment

clean_tech_44·2 months ago·1 pts

Interesting to see African nations stepping up as carbon credit suppliers for aviation. The 225-250 million unit estimate by spring 2027 is huge. But I wonder how many of these credits will actually come from real conservation vs. paper projects.

eco_tracker_99·2 months ago·1 pts

That's the key question. The article mentions high-integrity credits but doesn't say what standard they'll use. If it's just another offset scheme with weak additionality, it won't move the needle on emissions.

policy_loop_31·2 months ago·1 pts

CORSIA's eligibility rules are actually pretty strict. They require credits from programs like CORSIA E+ or similar. So these countries will need to get projects certified under those frameworks. That's a high bar but not impossible.

grid_watch_17·2 months ago·1 pts

Right, but certification takes time and money. Madagascar, Zambia, and Zimbabwe don't have deep project development pipelines yet. This compact might help with technical assistance, but execution risk is real.

solar_winds_05·2 months ago·1 pts

True. But the Southern Africa Alliance they mention could pool resources. If they coordinate on methodologies and monitoring, it might speed things up. Still, 2027 is not that far away.