Fastmarkets has launched a spot CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) phase 1 carbon credit assessment to improve transparency in the voluntary carbon market and provide a clear benchmark for CORSIA Eligible Emissions Units (EEUs) for the 2024-2026 compliance period.
The specifications are:
CORSIA phase 1, $/tCO2e (CB-CC-0015)
Quality: Assessment of prompt CORSIA EEUs for the 2024-2026 compliance period (first phase) as defined by the International Civil Aviation Organization (ICAO).
Quantity: Min 10,000 tCO2e, Max 100,000 tCO2e
Vintage: 2021 to 2026
Registry: Those approved by ICAO for CORSIA phase 1
Location: Global
Timing: Prompt delivery
Unit: USD per tonne of CO2 equivalent
Publication: Weekly, Wednesday, by 12:30pm London time
Notes: The assessment reflects the most competitive and fungible credits that meet the price specification. The International Civil Aviation Organization (ICAO) publishes information on the CORSIA scheme and EEUs at https://www.icao.int/environmental-protection/CORSIA/Pages/default.aspx.
These prices will be a part of the Fastmarkets Carbon package.
To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Sam Carew by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Sam Carew, re: CORSIA phase 1.
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.
