UN aviation body agrees to curb carbon credits decried by climate activists
The UN ’s aviation agency on Friday approved restrictions for a global program designed to help airlines offset their carbon emissions, a move that curbs industry funding for older projects whose environmental benefits have been challenged by climate activists.
The International Civil Aviation Organization council approved recommendations to exclude offset projects begun before 2016 while delivering emission reductions through end-2020, ICAO said in a statement, confirming a report earlier in the day by Reuters.
ICAO cannot impose rules but sets standards approved by its 193 member countries. Its 36-member council was tasked with weighing which programs would be eligible under the venture for airlines, known as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
