The Intergovernmental Panel on Climate Change (IPCC) estimates that global aviation accounts for 2 percent of global CO2 emissions produced by human activity; and approximately 1.3 percent of global emissions. The International Civil Aviation Organization (ICAO) adopted in October 2013 an aspirational goal of carbon neutral growth in net CO2 emissions from international aviation beginning in 2020. ICAO’s Committee on Aviation Environmental Protection (CAEP) estimates that air traffic growth of approximately 5 percent per year will increase aviation fuel consumption between 2.8 to 3.9 times by 2040 compared to 2010 levels, even after accounting for projected annual improvements in aircraft fuel efficiency of approximately 1-2 percent.
ICAO identified measures that can help achieve its aspirational goal of carbon neutrality:
To complement aviation industry-specific GHG reduction measures identified by ICAO, a global MBM approach called the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will be pursued. A global, harmonized MBM approach that includes high-quality carbon offsets can help achieve ICAO’s aspirational goals at a lower cost and more efficiently than regulatory approaches; and can increase demand for high-quality carbon offsets in order to facilitate greater investment in high-quality, high-impact projects.
High-quality carbon offsets from the US agriculture sector can help to cost-effectively achieve ICAO’s goals while also benefiting farmers, ranchers, and society. Carbon offsets from US agriculture can: