TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA
Summary
Carbon Market Watch asserts that the supply of carbon credits from the three largest voluntary programmes is sufficient to cover CORSIA's demand until well into 2025. The author argues that ICAO should focus on the quality of units rather than inflating supply and warns that including Clean Development Mechanism (CDM) credits could undermine CORSIA's integrity. Additionally, the document highlights the need for rules to prevent double-counting of emission reductions.
Key insights
- The current supply of carbon credits from the three largest voluntary programmes is sufficient to meet the demand of the aviation carbon market CORSIA until well into 2025, providing a five-year window for new projects to develop.
- The International Civil Aviation Organisation (ICAO) should prioritize the quality of carbon units over expanding supply, as allowing credits from the Clean Development Mechanism (CDM) could result in billions of units flooding the market and compromising CORSIA's integrity.
- There is currently a lack of rules to prevent the double-counting of emission reductions, necessitating the agreement of clear rules for the invalidation of CORSIA units.
Cite the original document
- APA
- Carbon Market Watch (2020). TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA. https://carbonmarketwatch.org/publications/what-will-airlines-buy-to-offset-their-pollution/
- Chicago
- Carbon Market Watch. TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA. 2020. https://carbonmarketwatch.org/publications/what-will-airlines-buy-to-offset-their-pollution/.
- Wikipedia
- {{cite report |author=Carbon Market Watch |title=TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA |date=13 February 2020 |url=https://carbonmarketwatch.org/publications/what-will-airlines-buy-to-offset-their-pollution/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{carbonmarketwatch2020todays, author = {{Carbon Market Watch}}, title = {{TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA}}, institution = {Carbon Market Watch}, year = {2020}, month = feb, url = {https://carbonmarketwatch.org/publications/what-will-airlines-buy-to-offset-their-pollution/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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