CORSIA meaning in General ?

Answer: What is Carbon Offsetting and Reduction Scheme for International Aviation mean?

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a carbon offset and carbon reduction scheme to lower CO2 emissions for international flights, to curb the aviation impact on climate change.

Developed by the International Civil Aviation Organization (ICAO) and adopted in October 2016. Its goal is to have a carbon neutral growth from 2020.CORSIA uses Market-based environmental policy instruments to offset CO2 emissions: aircraft operators have to purchase carbon credits from the carbon market. Starting in 2021, the scheme is voluntary for all countries until 2027.

reference

Full Form	Category
Carbon Offsetting and Reduction Scheme for International Aviation	General
Carbon Offset and Reduction Scheme for International Aviation	International
Carbon Offsetting Reduction Scheme for International Aviation	International
Carbon Offset Reduction Scheme for International Aviation	International