Ten airlines to join carbon offset scheme this year: IATA

10 May 2011

1

Kenya Airways has become the first African carrier to enlist in a UN scheme to help offset emissions. Through the year atleast ten airlines are expected to start investing in projects that will earn carbon credits under an UN–sponsored carbon offset programme.

The International Air Transport Association (IATA) is running a carbon offset programme under the United Nations' Clean Development Mechanism (CDM), in which firms investing in such projects receive credits called certified emissions reductions.

The need for such an initiative from airlines was felt as it is felt that the industry's rapid expansion is likely to pose a climate change challenge. It is estimated that the aviation sector contributes about two per cent of total global carbon emissions.

"Aviation is a growing market especially in the Asia region. That is why we have specific measures in place to neutralize those increases (in carbon emissions)," Michael Schneider, IATA assistant director for carbon offsets, informed agencies.

"This year we expect ten airlines to join our carbon offset programme and about five are from Asian countries."

So far seven airlines under IATA are already funding various projects around the world. Kenya Airways said it planned to fund an expansion project in the country's 48-megawatt Olkaria III geo-thermal power station in the Rift Valley.

The airline has so far offset 100 tons during a trial run in April.

IATA has said three other African airlines - Mozambique Airlines (LAM), Egyptair and South African Airways were expected to start making payments to carbon offset schemes this year.

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more