The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) managed by the UN Agency, International Civil Aviation Organization, is the first global market-based carbon credit scheme and in October 2023 ICE launched the first physically delivered futures contract covering CORSIA Phase one (CP1). In a recent webinar we were joined by experts who discussed how to navigate the complexity of the scheme and strategies to effectively manage carbon price risk exposure.
Reaching net zero carbon emissions in the coming decades will be critical if we are to limit the impact of climate change on our way of life. It will involve the transition to cleaner energy sources and the development of an asset class to reflect the value of natural ecosystems. This will require transformation across the global economy and progress is well underway.
Meeting a goal of net zero carbon emission involves limiting the use of the world's finite carbon budget to meet a 1.5°C pathway.
Reaching net zero carbon emissions in the coming decades will be critical if we are to limit the impact of climate change on our way of life. It will involve the transition to cleaner energy sources and the development of an asset class to reflect the value of natural ecosystems. This will require transformation across the global economy and progress is well underway.
Meeting a goal of net zero carbon emission involves limiting the use of the world's finite carbon budget to meet a 1.5°C pathway.