CORSIA expands to over 130 countries with targets to mitigate 200 Mt CO2 by 2026

More than 130 countries now participate in the ICAO Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), and the programme aims to have mitigated about 200 million tonnes of CO2 by the end of 2026.

From 2027 the scheme is projected to cover roughly 85% of global aviation emissions as additional nations such as Brazil, China and India join, and it could mobilise up to $120 billion in climate finance for emissions‑reduction and carbon‑removal projects. The first phase’s credit window is closing, while some governments face insurance and option‑selection challenges for Letter of Authorization, and the European Union is expected to apply stringent science‑based eligibility criteria after consultation. In Guyana, a CORSIA‑funded boat is helping children attend school.