Is Now time to Act? Key Deadlines and the importance of Early Offsetting in CORSIA

London, 02nd Aug 2024

Is Now time to Act? Key Deadlines and the importance of Early Offsetting in CORSIA

As we continue to make strides in sustainable aviation under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), it’s crucial to stay ahead of key deadlines.

Even though the pilot and first phase are still voluntary, 126 countries committed to it, showing a strong initial effort towards reducing aviation’s carbon footprint. However, while many airlines are making commendable efforts to reduce their carbon emissions through technological innovations and operational efficiencies, there seems to be a gap when it comes to embracing carbon offsetting strategies. 🌿

𝗪𝗵𝘆 𝗔𝗰𝘁 𝗡𝗼𝘄?

A common mistake is leaving the carbon credit purchases to the end of the year. This last-minute rush often makes it more difficult to find the specific credits needed due to high demand. To avoid this, it’s best to build a portfolio of offsets throughout the year or over several years, and then retire them when the deadline comes.
• 𝘗𝘪𝘭𝘰𝘵 𝘗𝘩𝘢𝘴𝘦 𝘋𝘦𝘢𝘥𝘭𝘪𝘯𝘦: 31st January 2025
• 𝘍𝘪𝘳𝘴𝘵 𝘗𝘩𝘢𝘴𝘦 𝘋𝘦𝘢𝘥𝘭𝘪𝘯𝘦: 31st January 2028

𝗛𝗼𝘄?

Carbonplace helps airlines by providing easy access to credits across multiple registries that match the CORSIA eligibility criteria for each different phase. The platform enables airlines to build and manage a diversified portfolio of offsets, ensuring they meet their obligations efficiently and effectively.

𝟭. 𝗕𝘂𝘆 𝗘𝗮𝗿𝗹𝘆: Secure your offsets well before the deadline to avoid the rush and potential shortfall of eligible credits.
𝟮. 𝗠𝗮𝗻𝗮𝗴𝗲 𝘆𝗼𝘂𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼: Hold and monitor your credits before retiring when needed.
𝟯. 𝗘𝗻𝘀𝘂𝗿𝗲 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: Meet the CORSIA requirements smoothly with a reliable platform like Carbonplace.
𝟰. 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗮𝗿𝗯𝗼𝗻 𝗥𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀: By participating in offsetting, airlines can contribute to meaningful environmental initiatives worldwide.

CORSIA’s progress is a testament to what can be achieved when industry, governments, and international organizations work together. Let’s keep the momentum going and ensure a sustainable future for aviation by integrating both emission reduction strategies and robust offsetting measures. 🌿✈️🌍

Find more information on www.carbonplace.com

Media Contact 

Olatz Cibrian, Sales & Relationships Analyst