–as IATA alliance hits 50 members
GUYANA has joined a major international effort to scale the supply of high‑quality carbon credits for aviation, the International Air Transport Association (IATA) announced, as its Supporting Alliance for CORSIA Eligible Emissions Unit (EEU) Supply reached 50 participants.
The nation, according to IATA, signed the Aviation Carbon Market Compact and became a member of the alliance alongside Madagascar, the United Kingdom, Zambia and Zimbabwe; several other governments, including Peru, have signalled interest in joining.
The alliance brings together governments, carbon market organisations and industry partners to ensure sufficient, high‑integrity emissions units are available for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which is expected to need some 225–250 million CORSIA‑eligible emissions units by spring 2027.
Guyana’s participation adds a low‑deforestation, high‑integrity forest jurisdiction to the coalition and could help the country deepen access to technical assistance and carbon finance, enabling its emission‑reduction activities to meet aviation’s compliance requirements.
IATA says the Supporting Alliance will pool resources and targeted expertise to provide practical support and implementation assistance that accelerates the supply of EEUs; it will also help countries manage the interface between their Nationally Determined Contributions under the UNFCCC and the procedures required to make carbon credits available for CORSIA, and will work to improve host countries’ access to carbon markets and related resources.
New members from across the carbon market value chain are supporting the Alliance: the International Emissions Trading Association (IETA), the Verified Carbon Market Collaborative (represented by High Tide Foundation’s Carbon Policy and Markets Initiative), data partner Sylvera, and Airbus have joined and are providing technical and financial support.
Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist, said the engagement of governments and partners “shows strong and shared commitment to strengthening the link between market demand and the policy frameworks” needed to unlock CORSIA EEUs at the speed and scale required.
Alexia Kelly of High Tide described CORSIA coming into force as an “unprecedented opportunity to channel capital toward impactful climate action,” and said the alliance’s coordinated assistance for host countries to authorise credits and open access to carbon markets is “timely and essential.”
Dirk Forrister, President and CEO of IETA, stressed that CORSIA’s success will depend on collaboration across the full value chain and said IETA will work with host countries and partners to “unlock the full potential of Article 6 and CORSIA.”
IATA said the supporting alliance will remain engaged, share information on progress, and continue seeking opportunities to expand participation in this broad‑based collaborative effort.
For Guyana and other participant countries, membership presents opportunities to attract climate finance, strengthen technical capacity to authorise credits, and open pathways to international compliance markets, while for the aviation sector the initiative aims to shore up the pipeline of high‑integrity credits needed to complement emissions reductions as airlines move toward decarbonisation.
