Paragraph 12 of the Assembly Resolution A40-19 refers to “new entrants” as aeroplane operators that commence an aviation activity falling within the scope of the CORSIA. This paragraph outlines criteria to determine when “new entrants” should start participating in the CORSIA offsetting, with the exemption period being the earliest out of the following two:
· Three years from commencing aviation activities within the scope of CORSIA; or
· The year in which new entrant’s annual emissions exceed 0.1 per cent of total emissions in 2020.
It is important to note that the CO2 emissions of a new entrant are still to be reported from the year after the new entrant falls under the applicability of CORSIA MRV requirements (also see question 3.19), regardless of the exemptions from the CORSIA offsetting requirements.
