So far, the supply of carbon credits eligible for airlines to offset emissions from international flights under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)is tiny: the International Civil Aviation Organization (ICAO)has set strict criteria for what constitutes an Eligible Emission Unit (EEU). Policy and regulation – CORSIA
For a credit to be considered “CORSIA-eligible,” many conditions must be met:
The activity must be registered under one of the ICAO-approved programmes. As of now there are only six of those – American Carbon Registry (ACR), Architecture for REDD+ Transactions (ART), Climate Action Reserve (CAR), Global Carbon Council, Gold Standard, Verified Carbon Standard (Verra).
The activities the credits are issued to must have started their first crediting period after 1 January 2016, and the emission reductions those credits represent must have occurred from 1 January 2021 through 31 December 2026.
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