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
Australian Business Aviation Associates
https://www.abaa.com.au/
1 of 10British Business & General Aviation Association
www.bbga.aero
Irish business and general aviation
www.ibgaa.com
2 of 10National Business Aviation Associates
www.nbaa.org
3 of 10Canadian Business Aviation Association
www.cbaa-acaa.ca
4 of 10African Business Aviation Association
www.afbaa.org
Middle East & North Africa Business Aviation Association
www.mebaa.com
5 of 10www.jbaa.org
6 of 10https://www.asbaa.org/
7 of 10Brazilian Association of General Aviation
home9 of 10
www.ebaa.org
www.gbaa.de
A way to reduce unavoidable emissions by funding emissions reductions in a different location.
Offsetting allows us to mitigate the environmental impact of business and personal activates by providing a source of finance for carbon reduction projects, creating real and additional CO2 reductions. An offset can be achieved by purchasing and cancelling carbon credit with 1 carbon credit represents 1 tonne of CO2e reduction.
When IBAC Members purchase and offset on CTX they are directly providing the essential financial support that keeps environmental projects operational, positively affecting the effects of climate change by helping to reduce or avoid GHG emissions. This voluntarily activity also contributes to progress toward the BACCC goal of Carbon Neutral Growth.
Offsetting emissions through Carbon Trade Exchange is easy, secure and transparent. Once the operator knows its carbon footprint it takes only a few minutes to purchase carbon credits. CTX Team performs all the necessary administration work providing operators with the appropriate offsetting certificate.
CTX uses a unique online Exchange to connect members to offsets from climate projects that are certified under the world’s three leading carbon credit standards:
Unlike other carbon credit brokers, CTX charge a transparent, fixed transaction fee on each credit purchased so you know exactly where your money is going. CTX as an exchange works directly with project developers offering the prices at the wholesale rate. There are no intermediaries between CTX and Project Developers. In fact, while offsetting your carbon footprint on CTX you can be sure that 95% of your offset purchase go directly to Project Developers.
Carbon credits finance a myriad of different environmental projects worldwide, including renewable energy; waste management; forestry and agriculture; biofuels; energy and fuels technologies; biodiversity protection; sustainable development; and ecosystem protections.
Basic fuel monitoring, which IBAC consider best practice, will allow you to calculate very quickly how much CO2 you produce and therefore how many offsets are required related to each fuel uplift and as part of the overall amount that will be required to achieve your carbon neutrality goals.
As a baseline measurement, for each unit of aviation fuel used, 3.16 units of CO2 are created.
Depending on your goals, it is entirely up to the purchaser how much of their CO2 output they would like to voluntarily offset and the table below provides an illustrative understanding of the amount of CO2 your aircraft produces based on two sets of flight hours.
To work out the number of offsets you need, it’s one simple step on from the process of monitoring your fuel use, which IBAC encourage operators to do as a recommended practice.
If you don’t already monitor your fuel, IBAC and CTX will be able to give you straightforward guidance on how to do this.
ICAO and other agencies tend to measure CO2 in metric tonnes, so it is always recommended that fuel is measured in the same way to enable you to calculate you emissions output from fuel use and be consistent with your measurement practices.
While IBAC and CTX work on a more sophisticated CO2 calculator, we recommend that measurements are done on a flight-by-flight basis and are done as follows; 1 unit of fuel burned creates 3.16 units of CO2. Therefore, if you uplift 2 tonnes of fuel, when burned, that produces 6.32 tonnes of CO2, you will require 6.32 offset units.
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