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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…

Policy Submissions
27 Apr 2018

Recommendations for the Article 6.4 of the Paris Agreement

Prepared for the Bonn Climate Change Conference 30 April – 10 May 2018 In elaborating the rules, modalities, and procedures for Article 6.4, it is imperative that Parties learn from past experiences with the Kyoto Protocol’s carbon offsetting mechanisms Clean Development Mechanism (CDM) and Joint Implementation (JI), and integrate provisions to ensure environmental integrity, foster…

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
10 Apr 2018

Carbon Market Watch’s response to the public consultation on the EU ETS Innovation Fund

Europe’s energy-intensive industries need an urgent transformation in order to dramatically reduce their emissions in line with the Paris climate goals. This is far from the reality: EU industrial emissions rose by 2% in 2017 and projections show that they are not expected to decline up to 2030. One of the more challenging elements of…

Policy Submissions
5 Apr 2018

Input to the Talanoa Dialogue: Scaling up carbon pricing for inclusive and effective climate action

The way our societies currently measure development and prosperity is strongly biased and incomplete. This leads most individuals and organisations to prioritise polluting activities whose net benefits to society have been artificially increased through the failure to correctly price their social and environmental impacts. The polluter-pays principle is therefore not being implemented, which is akin…

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…