"CMIA helped to explain the potential for project-based mechanisms across a variety of constituencies and is a key voice driving the conversation on results-based finance and sector approaches for scaling-up emission reduction investments. We urgently need input from organisations like CMIA to operationalise Art 6 of the Paris Agreement."

Mr. Franz-Josef Schafhausen, former Director General Climate Change, European and International Affairs, Federal German Ministry of the Environment, Nature Conservation, Building and Nuclear Safety

The Case for Including REDD+ in CORSIA:

10th November 2016 by CMIA

Unlocking the mitigation potential of terrestrial carbon sinks.

On 6 October, 2016, the International Civil Aviation Organization (ICAo) Assembly established a Global Market-based Measure (GMBM) that will help the aviation sector meet its commitment to carbon-neutral growth starting in 2021. This landmark agreement represents a tremendous first step towards addressing carbon emissions from the aviation sector. The GMBM is being implemented as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which allows airlines to offset some of their emissions with the purchase of carbon credits.

Click here to read the full press release.