CORSIA Updates
Applicable CORSIA Updates
CORSIA UpdatesCORSIA UPDATES
Gold Standard has been approved to supply Eligible Emissions Units for the First Phase of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which runs from 2024-26. This decision is included in ICAO’s Eligible Emissions Units document.
The document Eligibility of Gold Standard VERs for use under CORSIA’s First Phase listed below provides guidance for project developers on the eligibility criteria for Gold Standard VERs (GS-VERs) to be supplied for use under the First Phase of CORSIA and the process that must be followed for GS-VERs to be labelled accordingly on the Gold Standard Impact Registry.
Gold Standard remains eligible to supply Eligible Emissions Units for the Pilot Phase of CORSIA, which ran from 2021-23. The eligibility criteria for GS-VERs can also be found in ICAO’s Eligible Emissions Units document. All eligible GS-VERs have been labelled accordingly on the Gold Standard Impact Registry.
This document provides guidance on the eligibility criteria for Gold Standard VERs (GS VERs) to be supplied for use under the First Phase of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), as well as the process that must be followed for GS VERs to be labelled as eligible on the Gold Standard Impact Registry.
The purpose of this Deed is for a Project Developer to undertake that any double-claimed units shall be replaced with eligible replacement units in line with Gold Standard’s requirements, which must be supported by an approved insurance policy.
This rule update introduces changes to the eligibility requirements of Small Scale (SSC) projects and Voluntary Project Activities (VPAs) accounting Suppressed Demand Scenario to establish baseline.
This rule clarification outlines a provision to demonstrate compliance with CORISA Emissions Unit Eligibility Criteria (EUC) for projects applying methodology or methodological standards that allows exemptions for situations where legally binding mandates are systematically not enforced and non-compliance is widespread in a country.
12.04.2021
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