ICAO Receives Large Number Of Applications For Aviation Carbon Market Phase 2
The UN aviation body has received 26 applications from carbon credit programs seeking approval to supply offsets under the next phase of CORSIA, covering 2027–2029. The International Civil Aviation Organization is reviewing submissions through its Technical Advisory Body, which assesses environmental integrity criteria such as additionality, permanence, and verification. Decisions are expected later this year. The outcome will shape credit availability and compliance options for airlines as mandatory offsetting requirements expand under stricter global aviation climate rules.
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