As ICAO prepares to make carbon offset eligibility decisions, the Madrid COP provides some guidance

The dust is still swirling after the recent UNFCCC’s COP25 climate talks sputtered to a halt in Madrid. Observers who follow the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) had hoped the meeting would deliver clear carbon market rules. But in the aftermath of the COP, it is unclear how ICAO’s Technical Advisory Body (TAB) and the 36-member governing Council will decide which, if any, of the 14 carbon credit programmes that have applied to date actually meet CORSIA’s emissions unit eligibility criteria. However, COP25 did provide three outcomes that may help the ICAO decision-making process. The stakes − for ICAO’s credibility, for airlines’ reputations and for the global effort to combat climate change – are high, [...]

GreenAir Online

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