Asean Poised for US$8.5bn Windfall From UN-Backed Airline Carbon Schem

Asean poised for US$8.5bn windfall from UN-backed airline carbon schem

As airlines face surging compliance costs under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the bloc’s carbon credit opportunity hinges on strengthening Article 6 rules and institutional capacity.

Airlines’ carbon offsetting scheme is at least a US$1.6 billion opportunity for Asean: report

The opportunity set could go up to US$8.5 billion Read more at The Business Times.

ASEAN could unlock up to $8.5 bln from CORSIA, report says « Carbon Pulse

Southeast Asia could generate up to $8.5 billion over the next decade by supplying carbon credits under the UN's Carbon Offsetting and Reduction Scheme for International Aviation, provided governments speed up approvals necessary to bring more projects online, according to a report released on Wednesday.