IATA Forms Coalition To Clear Bottlenecks In Aviation’s Carbon Offset Market
IATA has launched a new coalition to address a growing shortage of CORSIA-eligible carbon credits, targeting 225–250 million EEUs by 2027. With over 32 members, the alliance aims to resolve bottlenecks linked to Article 6.2 authorization and avoid double counting. Delays risk locking up billions in compliance spending, despite CORSIA potentially generating US$4–5 billion initially and up to US$100 billion in climate finance by 2035. The alliance includes major airlines such as Lufthansa, Air France-KLM and Singapore Airlines, as well as carbon market players like Gold Standard and IETA, highlighting a full value-chain effort to unlock supply.
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