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Letters
31 Aug 2018

Letter to UNFCCC negotiators ahead of BKK intersession

Dear colleague, With the second session of SBSTA 48 opening in Bangkok on Tuesday, Carbon Market Watch would like to share with you the new briefing we have developed entitled “Reconciling CORSIA and the Sustainable Development Mechanism”. This document proposes an innovative and environmentally robust way to integrate the Carbon Offsetting and Reduction Scheme for…

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…

Letters
6 May 2018

Letter to EU Commissioners on supersonic aircraft

Dear Commissioners Bulc and Arias Cañete, Aviation entrepreneurs, assisted by NASA, are in the process of developing a new generation of supersonic business jets for launch early in the next decade. This will require the establishment of new environmental certification requirements, including those covering noise and CO2 emissions, as past regulations have lapsed and the…

Letters
27 Apr 2018

Carbon Market Watch recommendations for the Bonn Climate Change Conference (SB48)

Dear Respected Colleague, Ahead of the Bonn Climate Change Conference, Carbon Market Watch is pleased to share our recommendations as well as an overview of our upcoming event and recent publications (below). A new direction for the Sustainable Development Mechanism A zero-sum offsetting system is incompatible with the Paris spirit, there is hence no future…

Policy Submissions
27 Apr 2018

Recommendations for CORSIA

Prepared for the Bonn Climate Change Conference 30 April – 10 May 2018 Carbon Market Watch welcomes the opportunity to provide input to the APA discussions as they relate to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)  agreed in October 2016 at the International Civil Aviation Organization (ICAO) 39th Assembly, and corresponding…

Policy Submissions
5 Apr 2018

Climate Action Network and International Coalition for Sustainable Aviation joint input to the Talanoa Dialogue

CONTRIBUTION OF THE GLOBAL AVIATION SECTOR TO ACHIEVING PARIS AGREEMENT CLIMATE OBJECTIVES EXECUTIVE SUMMARY The aviation sector is a top-ten global emitter whose emissions are expected to rise dramatically by mid-century. Under current scenarios, the aviation sector could emit 56 GtCO2 over the period 2016-2050, or one-quarter of the remaining carbon budget. It is critical…

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,…