The International Business Aviation Council (IBAC) is working together with CTX to strengthen the Business Aviation global ‘Commitment on Climate Change’
The Aviation Carbon Exchange (ACE) ® platform is the new extended part of this commitment, with a partnership with CTX, operators can voluntarily purchase carbon credits as offsets and choose from accredited projects that support their overall sustainability goals.
IBAC represents the worldwide industry of more than 18,000 operators globally through its 15 member associations on six continents. The IBAC CTX partnership offers a simple and transparent resource to voluntarily offset carbon emissions as part of the huge emissions reductions targets – IBAC and the business aviation industry, have made serious carbon neutral commitments as stated in the original 2009 BACCC and renewed in 2021 by strengthening the industry’s goals to include Net-Zero carbon emissions by 2050.
As a market-based measure to meet business aviation goals, carbon credits can be purchased and cancelled as offsets, to supplement other decarbonization actions whose benefits will accumulate over a longer term, such as the use of Sustainable Aviation Fuel (SAF), or deployment of increasingly efficient aircraft, and implementation of operational improvements. Offsetting allows immediate reductions plus carbon neutrality, and prices carbon in the operations business, while operational ones are deployed over time.
All of the ACE offsets are purchased from CTX, the first and only truly global, fully electronic real-time exchange platform for high-quality Carbon Credits/Offsets from genuine projects around the world, fully certified and issued via all the major Voluntary Credit Standards.
These voluntary commitments (offsetting) are in addition to CORSIA commercial airline and large-scale Business Aviation operators’ obligations – a voluntary industry sector initiative to reduce global emissions.
Learn more about IBAC and the new Carbon Credit Exchange on their site – https://ibac.org/sustainability/carbon-credit-exchange
This CO2 Calculator from Conklin & de Decker will assist operators calculate their specific aircraft’s emissions. It contains data for more than 450 specific aircraft models, including most business jets, turboprops, and helicopters in operation today.
The JSSI Conklin & de Decker CO2 Calculator provides estimated carbon offset costs by aircraft make and model. Calculating your aircraft CO2 emissions just got easier with JSSI!
It contains data for more than 500 specific aircraft models, including most business jets, turboprops, and helicopters in operation today.
The Global Climate Institute visit their website here
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