This discussion paper assesses options for improving the current Emissions Unit Eligibility Criteria (EUCs) used for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) adopted by the International Civil Aviation Organization (ICAO). Read More
In this blogpost, the NewClimate markets team provides recommendations for the imminent SB50 negotiations to guarantee that Article 6 ensures its mandate to promote ambition and avoid undermining global climate efforts. Read More
Carsten Warnecke presented on “Offsetting emissions under CORSIA – Analysing the potential supply of credits” at Innovate4Climate in June 2019.
A series of database tools to quantify the potential supply of offset credits from leading programmes under a range of scenarios. Read More
If airlines are allowed to use all available offset credits certified by programmes such as the UN’s Clean Development Mechanism and other voluntary standard bodies under a new global scheme to address international aviation emissions, the scheme will not truly compensate the sector’s growing CO2 emissions. To achieve the aviation scheme’s objective of carbon neutral growth, policy-makers must adopt robust criteria on the types of offset credits that are accepted. The rules should be designed to ensure that the scheme supports the development of new emission reduction projects or targets existing projects that would stop reducing emissions without further financial support. New research outlines the climate implications of various eligibility scenarios for offset credits. Read More
This letter in Nature Climate Change finds that CORSIA will only compensate for the emissions increase of international aviation if robust criteria for the eligibility of offset credits are adopted. Read More
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