In a recent report, the Technical Advisory Body (TAB) outlines restrictions for the types of carbon offsets that can be used by airlines under the new aviation carbon market CORSIA. The report provides valuable lessons for the Article 6 negotiations under the Paris Agreement. Summary of lessons for the Article 6 negotiations: Old credits should …
Read more “Six lessons from ICAO’s carbon market expert group report”
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 …
Read more “CORSIA: demand, supply and scaremongering”
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 …
Read more “What will airlines buy to offset their pollution?”
The year of climate ambition Dear friends, One year from now, the landmark Paris Agreement will have entered into force and before that, governments should have announced higher climate pledges to put the world on track to limit global temperature rise to 1.5 degrees. 2020 has already been dubbed as the year of climate ambition …
Read more “Carbon Market Watch Newsletter – January 2020”
Letter from the International Coalition for Sustainable Aviation to International Civil Aviation Organisation (ICAO) Council Members and the Technical Advisory Body (TAB) regarding the transparency of the TAB’s offset programme eligibility assessment. Dear Members of the ICAO Council, Dear Members of the Technical Advisory Body, The decision on which offset programmes should be recognised as …
Read more “Letter on transparency to the ICAO Council and the Technical Advisory Body”
EU carbon market unfit to handle coal phase-out Dear friends, A week of climate mobilisations is coming to its end. Ahead of the UN climate summit in New York last Monday, four million people across the globe took to the streets on Friday 20 September to demand that their governments take urgent action to solve the …
Read more “Carbon Market Watch Newsletter – September 2019”
In 2016, the International Civil Aviation Organization (ICAO) adopted the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a global scheme with the objective of achieving “carbon-neutral growth” after 2020, relying on the use of carbon offsets and sustainable aviation fuel. In this information note to the Parties of the Aarhus Convention, the International …
Read more “Letter to the Parties to the Aarhus Convention on public participation and access to information at the International Civil Aviation Organization”
Dear ICAO Council Member, ICAO’S Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is at a critical juncture. Your decisions this week could create a CORSIA with integrity, help international aviation achieve carbon-neutral growth from 2020 and help unleash a global market that drives investment in low-carbon economic development. But if you choose to …
Read more “Letter from the International Coalition for Sustainable Aviation to the ICAO Council on the adoption of the Emissions Unit Criteria EUCs in order to address double counting and increase CORSIA’s transparency.”
A new paper published in Nature Climate Change confirms that relying on outdated Clean Development Mechanism (CDM) carbon credits to compensate aviation emissions will do nothing for climate action. You can read the full paper here (paywall): Warnecke et al. (2019): “Robust eligibility criteria essential for new global scheme to offset aviation emissions”, Nature Climate …
Read more “Existing UN carbon credits will do nothing to offset aviation industry pollution, new Nature study finds”