35 CORSIA stakeholders meet in Santiago to boost emission credit processes
Written by AI from 1 report listed below. Not checked by a person before publication. How we use AI
Thirty‑five representatives of the CORSIA ecosystem from Latin America and the Caribbean gathered for a two‑day meeting in Santiago, Chile.
Organised by IATA under the CORSIA EEU Supply Action Group, the delegates focused on accelerating Article 6.2 authorization processes, facilitating access to Eligible Emission Units and discussing bilateral conversations and technical assistance to strengthen implementation of CORSIA and Article 6 mechanisms.
For the 2024‑2026 compliance period, airlines are expected to invest between US$4.0 billion and US$5.0 billion in verified emission reductions, while only about 30 % of the credits needed to meet initial CORSIA obligations have the required authorizations and roughly 200 million credits will be required.