According to a recent announcement, India will begin participating in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the Long-Term Aspirational Goals (LTAG) in 2027 at a meeting of the Parliament’s Consultative Committee of the Ministry of Civil Aviation in New Delhi, chaired by Minister of Civil Aviation Jyotiraditya Scindia.
What Is International Civil Aviation Organization?
The International Civil Aviation Organization (ICAO) is in charge of reducing carbon emissions from international civil aviation. To achieve this purpose, the organization has adopted a series of critical aspirational goals that include CORSIA and LTAG. These goals include increasing fuel economy by 2% per year until 2050, achieving carbon neutral growth, and achieving net zero carbon emissions by 2050.
Established in 1947 through the Convention on International Civil Aviation (1944) – commonly referred to as the Chicago Convention – ICAO is a specialized agency associated with the United Nations (UN). It is an intergovernmental organization dedicated to promoting safe and efficient international air transportation for peaceful purposes. The headquarters of ICAO are situated in Montreal, Canada.
Function Of ICAO
The primary goal of ICAO is to provide a safe and efficient international air transport system for peaceful reasons, while also ensuring that every nation has an equal opportunity to operate international airlines.
To achieve these objectives, the organization creates standards and rules that are critical for the safety, security, and convenience of air travel, as well as the economic development of the industry.
Furthermore, ICAO is dedicated to improving aviation’s environmental performance. Its 193 member countries use it as a platform for collaboration and conversation on civil aviation issues.
Furthermore, ICAO supports the formation of regional and international agreements aimed at liberalizing aviation markets. It also contributes to the development of other parts of international aviation law and helps to set legal standards to ensure that aviation growth does not jeopardize safety.
Why Is India Joining ICAO’s Climate Action Measures From 2027?
According to the Indian Ministry, participation in CORSIA beginning in 2027 will provide Indian airlines enough time to develop their operations while avoiding any unfavorable financial effects.
This approach will be especially useful to developing countries like India, where the financial repercussions of offsetting could have a significant influence on airlines. By delaying their participation in the program, Indian airlines can prepare and flourish while avoiding any negative financial consequences.
What Is Carbon Offsetting And Reduction Scheme For International Aviation?
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a global market-based program designed to balance and stabilize international aviation CO2 emissions. To meet the target, aircraft operators will buy and cancel emission units on the global carbon market.
It should be emphasized that CORSIA applies only to foreign flights and not to local flights. Operators will be required to track their international flight emissions and purchase offsets to account for any increase in emissions.
Implementation Of CORSIA
CORSIA will be implemented in three stages, with individual airlines bearing financial responsibility for offsetting based on their overseas activities. It’s worth noting that the program only applies to aircraft that leave one country and arrive in another.
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