Geneva – The International Air Transport Association (IATA) announced that the number of entities participating in the Supporting Alliance for CORSIA Eligible Emissions Unit (EEU) Supply has reached 50, with two important developments:
• The Governments of Guyana, Madagascar, the United Kingdom, Zambia, and Zimbabwe, have signed the Aviation Carbon Market Compact and joined the Supporting Alliance. Several other national governments have expressed their interest in joining the initiative, including Peru.
• The International Emissions Trading Association (IETA) and the Verified Carbon Market Collaborative, data partner Sylvera, and Airbus have also joined and are providing technical and financial support to the Alliance’s activities.
The Alliance aims to raise awareness of the need for market action, and to help scale the supply of high quality emissions units for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to meet expected demand of 225-250 million CORSIA EEUs by spring 2027 by: (....)