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Briefings
13 Feb 2020

What will airlines buy to offset their pollution?

TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA Carbon Market Watch Factsheet Summary The concern that too few credits will be available to meet demand from airlines under the future aviation carbon market CORSIA is misplaced. Today’s supply from the three largest voluntary programmes alone is enough to cover CORSIA’s demand until well…

Briefings
15 Mar 2019

First class or economy? – An assessment of credit providers for the aviation offsetting scheme

This briefing was updated on 1 April 2019  Executive summary The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a new carbon market established under the International Civil Aviation Organization (ICAO), aims to compensate the growth in CO2 emissions from international flights above 2020 levels, starting in 2021. ICAO must, therefore, identify which carbon…

Briefings
29 Oct 2018

The Clean Development Mechanism: Local Impacts of a Global System

Executive Summary The Clean Development Mechanism (CDM) was set up under the 1997 Kyoto Protocol to allow developed countries to buy emissions reductions from developing countries in the form of credits, called Certified Emissions Reductions (CERs). The objectives of the CDM are to help developed countries achieve their climate commitment and to assist developing countries in achieving sustainable…

Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Briefings
21 Jun 2018

Background briefing: Why we need to avoid a free for all of projects under the aviation offsetting scheme

36 countries of the Council of the International Civil Aviation Organisation (ICAO) are currently meeting in Montreal, Canada, to decide on the rules for the Carbon Offset and Reduction Scheme for International Aviation (CORSIA). The so called “CORSIA package” includes criteria for the offset credits purchased by airlines and criteria for alternative fuels, which can…

Briefings
26 Apr 2018

Practitioner’s guide for local stakeholder consultation – how to ensure adequate public participation in climate mitigation actions

Introduction Over the past 20 years, global efforts to mitigate the effects of climate change have increasingly relied upon the implementation of local mitigation projects. While aiming to reduce emissions in the most cost-effective way, some of these projects have built up a record of adverse impacts on local people, resulting in the displacement of…

Briefings
20 Feb 2018

Briefing for the European Parliament environment committee on draft rules for global aviation offsetting mechanism

Joint briefing by Carbon Market Watch and Transport and Environment Overview The ICAO General Assembly, in October 2016, adopted an assembly resolution to establish a global offsetting mechanism for international aviation for emissions above 2020 levels (CORSIA). We have a number of concerns about this overall agreement: in particular the weak target and the exclusive…

Briefings
9 Feb 2018

Understanding the CORSIA Package – Report (ICSA)

Executive Summary Agreed in October 2016 by 191 countries in the UN International Civil Aviation Organization (ICAO), the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)1 is the world’s first global market-based climate measure for a sector. While agreement to establish CORSIA was an important development, ICSA believes that it is only one component of the action…

Briefings
13 Nov 2017

Visibility Unlimited: Transparency of the new aviation carbon market

Executive summary A new offsetting scheme called the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) was established by the International Civil Aviation Organisation (ICAO) in 2016 to compensate for the industry’s emissions growth above 2020 levels. Although this measure will address less than a third of the sectors’ total expected emissions in 2030,…

Annual reports
29 Jun 2017

Annual Report 2016

FOREWORD 2016 was a year that shook the world and the European Union in particular. The new hope for multilateral climate cooperation under the 2015 Paris agreement received a blow with the election of a climate denier to the White House. The European Union, as an ongoing project for peace and prosperity, was shaken by a Brexit referendum…