TAP is the launch airline for the
IATA-administered and ready-made tool that enables airlines to
offer their passengers the ability to compensate for their carbon
emissions with contributions towards carbon reduction projects in
The IATA program calculates
carbon emissions based on a methodology developed by the
International Civil Aviation Organization (ICAO).
The system utilises the efficiencies and reliability of IATA’s US$350 billion
financial systems to enable airlines and their passengers to
purchase their ticket and their offset at the same time.
also administers the process on behalf of airlines. This includes
advising on project selection, arranging the purchase of carbon
credits and managing and providing offset tracking.
The IATA Carbon Offset Program invests in
projects which are UN approved Certified
Emissions Reductions (CER) projects and voluntary credits which
comply with the recognised Gold and or Voluntary Carbon Standards.
Airlines participating in the IATA Carbon Offset Program pay for
all administration costs so the passenger contribution
goes to the sponsored project.
“These are important reassurances that
will help build passenger confidence in carbon offsets,”
said Giovanni Bisignani, IATA’s Director General and CEO.
The offset project
chosen by TAP is a renewable energy project in Brazil: the
Aquarius Hydroelectric Project. Aquarius is a grid-connected
run-of-river hydropower plant. It partly replaces fossil
fuel-based electricity generation and already reduces greenhouse
gas (GHG) emissions by approximately 15,000 tonnes CO2 equivalent
Fernando Pinto, CEO of TAP, said, “We at TAP are deeply concerned
about the environment and feel it is our responsibility to summon
up all possible energies and resources to preserve it and protect
our planet. Therefore, we are enthusiastic to be the launch
airline for the IATA carbon offset program. With it, we will be
able to offer our customers the option to offset their emissions
by saving an equivalent amount of CO2 with high quality projects.
Offsetting is not a cure for climate change. But it is a
responsible measure until technology can make us carbon-free. It
is a voluntary scheme, but we are confident that it will be
popular with our passengers as we believe that the protection of
the planet is everybody’s concern.”
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