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ICAO's Work On The CORSIA and Its Relation To Carbon Markets

ICAO's work on developing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and its relation to carbon markets. CORSIA aims to achieve carbon neutral growth from 2020 by addressing the remaining emissions gap not covered by improvements in aircraft technology and operations or sustainable aviation fuels. ICAO is developing standards and guidance for implementing and operating CORSIA, determining eligible emissions units, and providing capacity building assistance to states. The seminar will provide information on existing carbon market mechanisms and how they can help operators meet offsetting requirements under CORSIA.
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0% found this document useful (0 votes)
71 views13 pages

ICAO's Work On The CORSIA and Its Relation To Carbon Markets

ICAO's work on developing the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and its relation to carbon markets. CORSIA aims to achieve carbon neutral growth from 2020 by addressing the remaining emissions gap not covered by improvements in aircraft technology and operations or sustainable aviation fuels. ICAO is developing standards and guidance for implementing and operating CORSIA, determining eligible emissions units, and providing capacity building assistance to states. The seminar will provide information on existing carbon market mechanisms and how they can help operators meet offsetting requirements under CORSIA.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ICAO’s work on the CORSIA

and its relation to carbon markets

Jane Hupe
Deputy Director, Environment, ATB, ICAO

ICAO Seminar on Carbon Markets (7-9 Feb 2018)


ICAO environmental goals

Established by the “Chicago Convention” in 1944


UN specialized agency
192 Contracting States
Standards, policies & guidance on environmental protection since 1960’s

Minimize the adverse effect of global civil aviation on the environment:


 limit or reduce the number of people affected by significant aircraft noise;
 limit or reduce the impact of aviation emissions on local air quality; and
 limit or reduce the impact of aviation greenhouse gas emissions on the global climate.
Climate change adaptation and resilience

ICAO's environmental work contributes to


14 out of the 17 United Nations SDGs
2
ICAO Policies, SARPs and Guidance
ICAO Standards and
ICAO Policies Recommended Practices (SARPs) ICAO Guidance

ICAO Assembly Resolutions Annex 16 - Environmental Various guidance on noise, LAQ


A39-1, A39-2 and A39-3: Protection: and climate change, e.g.:
Consolidated statement of Volume I, Aircraft Noise Environmental Assessment of
continuing ICAO policies and Volume II, Aircraft Engine Emissions Proposed ATM Operational
practices related to Changes (Doc 10031)
Volume III, Aeroplane CO2 Emissions
environmental protection Environmental Technical Manual
Volume IV, CORSIA
Volume IV (Doc 9501)
- Under Development
- Under Development
3
Carbon Offsetting and Reduction Scheme
for International Aviation (CORSIA)

CORSIA is the first global market-based measure scheme for any industry sector

 To achieve ICAO’s global


aspirational goal of carbon
neutral growth from 2020
(CNG 2020), CORSIA is
one complementary element
CORSIA addresses
in the basket of measures to the remaining
“emissions gap” to
‒ aircraft technology
achieve CNG2020
‒ operational improvements
‒ sustainable aviation fuels
2010 2020 2030 2040

4
Process for the development of
CORSIA-related SARPs and Guidance

5
Video - CORSIA implementation

https://www.youtube.com/watch?v=D0tAy0apYII
6
CORSIA capacity building and assistance

7
Offsetting requirements for operators

After the calculation of offsetting requirements to be attributed to an operator:

The operator reports the use of sustainable aviation fuels (SAF) for a 3-year
1
compliance period.

The State accounts for the benefits from the use of SAF and informs the
2 operator of its final CO2 offsetting requirements for a 3-year compliance
period.

The operator purchases and cancels eligible emissions units equivalent to its
3
final CO2 offsetting requirements for the compliance period.

The operator provides a verified Emissions Units Cancellation Report to the


4
State, who checks the Report and informs ICAO.
8
Carbon markets and the CORSIA

The ICAO Council will determine the CORSIA eligible emissions units. This work is ongoing. 9
Main questions for presenters

1. How are emissions units generated by your programme, mechanism or project ?

2. What are features and benefits of emissions units generated by your


programme, mechanism or project, including the means to ensure quality ?

3. Where can potential buyers purchase emissions units generated by your


programme, mechanism or project ?

4. How does your programme, mechanism or project track the use of emissions
units ?

10
Overview of Carbon Market Seminar

Opening Panel: Setting the scene / Expectations for carbon markets


Session 1: Market mechanisms under the UNFCCC
Session 2: Compliance markets (national and supra-national)
Session 3: Compliance markets (sub-national)
Session 4: Voluntary markets
Session 5: Voluntary markets (with focus on REDD+ and forestry)
Closing Panel: Verification

11
Thank you!

For more information, please visit our website:


http://www.icao.int/env

12

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