New Global Metric Will Monitor Zero Emission Growth from 2020
In October 2016, JetBlue and the aviation industry made history. Alongside the International Civil Aviation Organization (ICAO), we collectively agreed to reduce GHG emissions from international flights.
In total, 191 countries acknowledged the importance of reduced emissions in ensuring a stable global economy. We set a target: to cap the amount of yearly emissions produced at 2020 levels. Then we plotted a route to get us there, including a global market-based measure (GMBM). This verifies that beyond 2020, each airline maintains those same levels through reductions and offsetting.
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a huge deal, because it holds airlines accountable for reducing GHG emissions and provides a metric for improvement. This is good news for everyone, because climate change affects us all.
“The historic significance of this agreement cannot be overestimated. The CORSIA agreement has turned years of preparation into an effective solution for airlines to manage their carbon footprint.”
—Alexandre de Juniac, Director General & CEO, IATA
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