First Major CORSIA Credit Retirement Signals Market Shift, Gold Standard Says
Gold Standard reports the first major retirement of CORSIA-eligible carbon credits, signaling a shift from preparation to active compliance in the aviation sector. The transaction involved the retirement of 180,000 credits by Shell on behalf of Japan Airlines, fulfilling Phase 1 obligations. The credits were sourced from projects in Malawi (biomass conservation) and Tanzania (clean cooking). This follows earlier smaller retirements and indicates growing compliance momentum. As airlines begin to act, demand for eligible credits is expected to rise, reinforcing market differentiation and potential pricing pressure.
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