NACW Session Recording
The Status and Potential Impact of CORSIA
Path 3: Climate Initiatives and Policy
A historic agreement was forged in October 2016 when the 191 member states of ICAO agreed to implement a Carbon Offset and Reduction Scheme for International Aviation (CORSIA). The agreement represents the first global scheme covering an entire industrial sector and will start mandatory compliance after a voluntary period from 2021-2026. Given that air transportation is responsible for 12 percent of emissions from the global transportation sector, the potential impact of CORSIA is significant, and the tools needed to comply with the scheme are also significant. This session will discuss the status of the development of CORSIA, the impact it could have and what experts are saying.
- Dirk Forrister (moderator), President and CEO, International Emissions Trading Association
- David Antonioli, Chief Executive Officer, VCS
- Takashi Hongo, Senior Fellow, Mitsui Global Strategic Studies Institute
- Stephanie Zhu, Manager of Climate Change Strategy at Delta