News & Press

Press release
By Kaisa Amaral on 16 Mar 2020

ICAO decision on aviation carbon market rules a step in the right direction but fails to exclude all junk credits

MONTREAL/BRUSSELS, 14 March 2020. The UN aviation body ICAO’s Council has agreed to recognise carbon offsets from six existing offset programmes for use by airlines under CORSIA, the UN’s new carbon market for aviation. The Council’s 36 member countries also decided to limit the age of credits used as well as the type of projects eligible. However, the total supply of…

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Opinion
By Wijnand Stoefs on 27 Feb 2020

High time the maritime sector sailed into the EU carbon market

The EU is considering putting a price on carbon pollution from ships in the absence of movement in the international talks. While not enough to curb the sector’s soaring emissions, bringing it under Europe’s carbon market would be a big step in the right direction. Right now finding the solutions to cut greenhouse gas (GHG)…

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Opinion
By Gilles Dufrasne on 26 Feb 2020

CORSIA: demand, supply and scaremongering

Warnings about a shortage of credits under the future aviation carbon market are unfounded. The upcoming decision on what airlines will be able to buy must, therefore, focus on ensuring that only credits from high-quality projects are eligible. It is crunch time again for the ICAO Council, the UN aviation agency’s decision-making body comprised of…

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Opinion
By Kaisa Amaral on 28 Nov 2019

What does flight shame have to do with global carbon markets?

In two parallel global climate processes governments need to finalise details for both international carbon markets under the Paris Agreement and the future aviation offsetting scheme CORSIA. Meanwhile, citizens are losing patience with their leaders that move too slowly in the face of a climate breakdown. Strong action is therefore expected from decision-makers if they…

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Opinion
By Sam Van den plas on 22 Nov 2019

Time to steer shipping into the EU carbon market

First published on Euractiv The UN shipping body’s failure to agree on immediate climate measures means the incoming European Commission President, Ursula von der Leyen, must make good of her promise to include the maritime sector under the EU Emissions Trading System (EU ETS). The International Maritime Organisation (IMO) last week once again postponed decisions on concrete…

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Opinion
25 Oct 2019

Carbon taxes globally too low to address the climate crisis – OECD

Governments do not deploy energy and carbon taxes to their full proposal, the latest “Taxing Energy Use” report by the Organization for Economic Co-operation and Development (OECD) finds, urging for higher pollution prices to effectively address the climate crisis.  Pricing high-carbon activities is an effective tool for making polluters pay while encouraging them to switch…

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Opinion
By Gilles Dufrasne on 24 Sep 2019

Aviation needs a credible long-term climate strategy 

The UN aviation body must urgently set robust, science-based long-term climate targets if the industry wants to win back the confidence of both investors and customers. Many Europeans are losing patience with airlines’ defensive attitude towards the aviation industry’s climate impact and are taking matters into their own hands – by choosing not to fly. …

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Opinion
By Gilles Dufrasne on 19 Feb 2019

Better pricing of aviation emissions in the EU is needed, and the Netherlands is championing it

Aviation emissions have increased by 10% in Europe between 2014 and 2017, according to the 2019 Aviation Environmental Report, as efficiency improvements are not keeping up with  growth of demand. Last week, the Dutch finance minister invited other European Member States to consider the implementation of a European carbon tax for aviation, and announced an…

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Press release
15 Dec 2018

COP24 overshadowed by market failure as countries fail to agree on basic accounting principles and the future of the CDM

COP24 closed this evening in Katowice, Poland, more than 24 hours later than initially planned. Despite smooth progress at first, negotiations ended in confusion as it proved impossible to find an agreement within the article 6 negotiations, which work to set up two new carbon markets for the post-2020 period. The text presented to all…

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