Story ID: 409
IBAC Makes Carbon-neutral Journey to NBAA-BACE 
By: Sarah Rose
Caption: Carbon credits offset the team’s travel 
Word Count: 273
The International Business Aviation Council is making its journey to NBAA BACE a carbon-neutral one with the purchase of carbon credits to offset the team’s travel, as well as for future travel in the coming months. The carbon-neutral offsets are possible through Carbon Trade Exchange (CTX), an aviation carbon exchange program for business aviation that was introduced last month.
“The program offers a new, transparent and user-friendly platform for business aviation companies to voluntarily purchase carbon credits to offset their CO2 emissions as part of an overall sustainability plan,” IBAC said in a statement.
“The updated platform makes it easy for small operators, like most in business aviation, to confidently and easily purchase carbon credits to offset their CO2 emissions. While the industry strives to meet its decarbonization goals directly, offsetting is a supplemental tool that allows operators to finance carbon reductions achieved in projects outside the sector to help us reach the net-zero emissions goal by 2050,” said IBAC director general Kurt Edwards.
CTX, in its partnership with IBAC, certifies carbon credits through standards such as the gold standard, UNFCCC clean development mechanism (CDM) and Verra Verified Carbon Standard (VCS). 
An operator can choose from a curated number of projects that are certified and “escrowed” on CTX. The carbon credits can be purchased on the platform and are then certified as emission offests. 
“IBAC has taken the decision to take off and lead from the front,” said CTX CEO Wayne Sharpe.
The exchange can be accessed at offsetflights.com where offsets are available starting at 100 tonnes.