Aviation Emissions Compliance
From 1st January 2019, all aeroplane operators conducting flights between any of ICAO’s Member States will have to monitor and report their annual carbon emissions. ICAO’s new Carbon Offsetting and Reporting Scheme for International Aviation (“CORSIA”) also requires each operator to submit a Monitoring, Reporting and Verification plan. These obligations are currently in addition to the EU’s Emission Trading Scheme (“EU ETS”) regulations which have been in place since 2010.
CORSIA will create a significant compliance burden for aeroplane operators and exposes aircraft beneficial owners to additional risks. The picture is further complicated in that the regulations are being introduced incrementally, as each ICAO Member State is at liberty to amend ICAO’s Standards and Recommended Practices and moreover, to introduce whatever non-compliance penalties they deem appropriate.
AVOCET has been providing aviation emissions compliance services since 2009. Our deep understanding and experience in this sector enable us to provide a suite of products that meets the needs of operators and owners under CORSIA and the EU ETS.
1.Subject to operators except those falling below annual CO2 fleet emissions of 10,000 tonnes (international flights) and with aircraft having a maximum take-off weight exemption of 5,700kg and also excluding medivac, law enforcement, firefighting, State flight activities and helicopters.