ICAO CLIMATE DEAL FOR AVIATION EMISSIONS FACING MAJOR CHALLENGES IN BRUSSELS AND WASHINGTON
January 1st, 2017
October’s ground-breaking deal in the International Civil Aviation Organisation (ICAO) to curb global aviation emissions growth after 2020 through a global market-based measure (GMBM) is facing major challenges in the months ahead to gain political acceptance in both the European Union (EU) and the United States.
Under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which is voluntary from 2024 to 2026, then mandatory for all ICAO member states 2027 to 2035, apart from certain exemptions, airlines will buy emissions units ...
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