ICAO published the CORSIA Emissions Unit Eligibility Criteria

ICAO published the CORSIA Emissions Unit Eligibility Criteria which is referenced in the SARPs.



 

Program Design Elements. At the program level, ICAO should ensure that eligible offset credit programs meet the following design elements:

1. Clear Methodologies and Protocols, and their Development Process
2. Scope Considerations
3. Offset Credit Issuance and Retirement Procedures
4. Identification and Tracking
5. Legal Nature and Transfer of Units
6. Validation and Verification procedures
7. Program Governance
8. Transparency and Public Participation Provisions
9. Safeguards System
10. Sustainable Development Criteria
11. Avoidance of Double Counting, Issuance and Claiming

Carbon Offset Credit Integrity Assessment Criteria: There are a number of generally agreed principles that have been broadly applied across both regulatory and voluntary offset credit programs to address environmental and social integrity. These principles hold that offset credit programs should deliver credits that represent emissions reductions, avoidance, or sequestration that:

1. Are additional.
2. Are based on a realistic and credible baseline.
3. Are quantified, monitored, reported, and verified.
4. Have a clear and transparent chain of custody.
5. Represent permanent emissions reductions.
6. Assess and mitigate against potential increase in emissions elsewhere.
7. Are only counted once towards a mitigation obligation.
8. Do no net harm.

Eligibility criteria should apply at the program level, as the expertise and resources needed to develop and
implement ICAO emissions criteria at a methodology and project level is likely to be considerable.

1. Eligibility Criterion: Carbon offset programs must generate units that represent emissions reductions, avoidance, or removals that are additional
2. Eligibility Criterion: Carbon offset credits must be based on a realistic and credible baseline
3. Eligibility Criterion: Carbon offset credits must be quantified, monitored, reported and verified
4. Eligibility Criterion: Carbon offset credits must have a clear and transparent chain of custody within the offset program
5. Eligibility Criterion: Permanence
6. Eligibility Criterion: A system must have measures in place to assess and mitigate incidences of material leakage
7. Eligibility Criterion: Are only counted once towards a mitigation obligation
8. Eligibility Criterion: Carbon offset credits must represent emissions reductions, avoidance, or carbon sequestration from projects that do no net harm.

> Read ICAO Council approves criteria for CORSIA emissions units and structure for new body overseeing eligibility by GreenAir Online
> Read Agreement on sustainability criteria and advisory body for CORSIA carbon credits welcomed, although with reservations from NGOs by GreenAir Online

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