This JIKO Policy Brief summarizes the state of play of the negotiations on a global market-based mechanism (global MBM) under ICAO. It specifies the respective responsibilities and different approaches of ICAO and the UNFCCC. It traces the historic activities in regard of climate protection under ICAO and provides an overview of the current negotiation process that is to culminate at the upcoming ICAO General Assembly in autumn 2016. Furthermore, the Policy Brief reflects on the CDM experience and derives recommendations.
Hermwille, L.: Offsetting for International Aviation: The State of Play of Market-Based Measures under ICAO. JIKO Policy Brief 01/2016. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 28 p., 3 figures. URL: www.carbon-mechanisms.de/en/aviation
Date: March 2016