Updated: Aug 9
The International Offsets Newsletter will provide an overview of the Carbon Markets News and an in-depth analysis of one specific offsetting related theme every month.
EcoSecurities launched in April its monthly Newsletter with a focus on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The newsletter also provides an overview of the Carbon Market News and gives the opportunity to readers to participate in a quizz. Each participant is eligible to get a discount coupon for one of EcoSecuritites online solutions that are to be launched soon.
Focus of the month: CORSIA
From 2-20 March 2020, the International Civil Aviation Organisation (ICAO) organised a series of Council meetings in Montréal to define and agree on the emission units that will be eligible for the pilot phase. There has been a lot of debate and speculation around the fact that carbon-neutral growth can only be achieved through CORSIA if enough eligible offsets are available to meet the international aviation sector’s demand, while being small enough to encourage additional activities to further reducing emissions.
Following recommendations from the Technical Advisory Body (TAB), the eligible emissions units for the 2021-2023 pilot phase were approved for six programmes. Approved emissions units will be issued to activities which started as of 1 January 2016 and occurring
through 31 December 2020. With the definition of the offsetting programmes and vintage restriction, CORSIA is ready for its pilot phase.