Study of the implementation modalities and impacts of Carbon

As per decision of the International Civil Aviation Organisation (ICAO) taken in 2016, a global market-based mechanism called Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is to be implemented from 2021 with the objective of mitigating the GHG impacts of international flights and contributing to the global efforts to keep global warming below 2 degrees. The ICAO introduced this mechanism as one of the basket of measures in pursuance of its long-term goal to achieve carbon neutral growth from 2020 in the international aviation sector.