Carbon Offsetting and Reduction Scheme for International Aviation. An international carbon market operated by the International Civil Aviation Organisation to ensure that net emissions from the global aviation sector do not increase above a 2019 baseline. Under CORSIA, all participating airlines must offset any emissions over and above their 2019 verified total, by purchasing and retiring credits that are approved by the CORSIA regulator.
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The Carbonwise editorial team is formed of seasoned established industry writers and specialist journalists.
28 July 2025
Some important news for carbon markets came this month in the form of the European Commission’s proposal for an amendment to its climate law for 2040.
24 July 2025
The Voluntary Carbon Market. Describes a market where project-based carbon credits are traded voluntarily and outside the scope of any national law (and regulation).
17 July 2025
Vietnam’s national carbon market is set to move forward in 2025 with the start of a pilot phase, highlighting progress in a fast-developing regional carbon markets hub in Southeast Asia that also...
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