In 2016, ICAO approved guidelines to implement the Global Offsetting and Reduction Scheme for International Aviation (CORSIA). In simple terms, CORSIA requires all aircraft operators to monitor their emissions on ALL international flights (Country A – Country B) beginning 1 January 2019.
Mandatory regulation requires all international operators to submit a Monitoring Plan to their Member State by the end of 2018. Beginning 1 January 2019, operators should track emissions on all INTL operations legs. At the end of each Monitoring Year, operators will compile flight data in an Annual Emissions Report. Based on their annual activity and emissions, operators over 10,000+ T/CO2 Full-Scope (between any two countries) annually must submit to an accredited verifier for certification. Total emissions on applicable flights (between participating Member States) are required to be offset via the purchase of Carbon Credits. Carbon Credits are required to be tallied and surrendered every third monitoring year.