![Image of a plane on a runway, CORSIA](https://a.storyblok.com/f/179543/1200x628/297ce18059/corsia-list-image-1.jpg/m/640x0)
CORSIA: Impacts on the VCM and demand dynamics
Here are some key takeaways
126 countries will voluntarily participate in CORSIA's first phase, covering roughly 80% of annual emissions from the aviation sector.¹
The availability of first phase-eligible credits is currently limited; only two standards bodies have been approved and credits will require a letter of authorisation from the project’s host country.
BeZero Carbon Ratings show variation in ratings for projects eligible under CORSIA’s pilot phase.
CORSIA will provide an injection of new demand for carbon credits, in the order of 60 - 160 million credits from the first phase, and this is likely to result in a significant price premium for eligible credits.
Contents
Tackling emissions from the aviation sector
So what is CORSIA?
How will CORSIA impact carbon markets?
Will CORSIA significantly impact the demand for carbon credits?
Concluding remarks