Article by GreenBiz 

The global aviation industry has taken a key step forward in agreeing rules for carbon offset credits in its global greenhouse gas reduction scheme, as the sector reels from the economic fallout of the escalating coronavirus epidemic which has seen travel bans implemented around the world.

The International Civil Aviation Organization (ICAO) on Friday agreed on rules governing the eligibility of carbon offset programs for the initial pilot phase of the industry’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which runs from 2021 to 2023. Read More