Story ID: 
Global Jet Capital Creates Carbon-offset Program
By: Kerry Lynch
Caption: The program seeks to provide clients with a simplified process for purchasing verified carbon offsets.
Word Count: 200
Global Jet Capital has developed the CleanFlight Carbon Offset Program to provide clients with a simplified process for purchasing verified carbon offsets for greenhouse gas emissions from their business aircraft.

Established in partnership with the nonprofit Carbonfund Foundation, the program is available to operators with an operating lease, finance lease, or loan with Global Jet Capital. Carbonfund will estimate the carbon footprint size of the client’s anticipated aircraft based on the fuel burn associated with the make and model, anticipated annual operations, and desired years of coverage. Carbonfund, which works with a range of voluntary carbon-offset projects that are third-party validated, will also provide the appropriate certifications for carbon-offset purchases.

“We created this program to help raise visibility around the impacts of climate change and provide our clients with a vetted option to offset the impact of their aircraft operations on the environment,” said Global Jet Capital president and COO Vivek Kaushal, who added that the program is voluntary. “Though this is not intended to satisfy government regulations regarding environmental mitigation, our partnership with Carbonfund.org provides our clients the assurance of acquiring verified carbon offsets from a trusted and globally recognized partner.”