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CORSIACarbon Credit

CORSIA Glossary: Every Term Defined

An A-to-Z reference to CORSIA terminology — from additionality and Annex 16 through corresponding adjustments, growth factors and ITMOs to vintages — each defined plainly with links to fuller explanations.

27 / 307 min readReference

Every term you will meet in CORSIA documents and market conversations, defined plainly. Terms are grouped alphabetically; use your browser's find function to jump to one.

CORSIA knowledge base

A

Additionality

The requirement that an emission reduction would not have occurred without the revenue from selling carbon credits. If the activity was already profitable, already legally required, or already common practice, it is not additional. The most contested criterion in the carbon market. See the emissions unit criteria.

Aeroplane operator

The entity operating a flight, generally identified by its Air Operator Certificate and ICAO designator. The party with CORSIA obligations. Not necessarily the aircraft owner or the marketing carrier on a code share.

Annex 16, Volume IV

The volume of Annex 16 to the Chicago Convention containing the CORSIA Standards and Recommended Practices. The technical source of truth for monitoring, reporting and verification requirements.

Annual Emissions Report (AER)

The report an operator submits each year covering CO2 emissions from international flights in the preceding calendar year. Must be independently verified.

Article 6

The Paris Agreement article governing cooperative approaches and international transfer of mitigation outcomes. Article 6.2 covers bilateral cooperative approaches; Article 6.4 establishes a centralised crediting mechanism. The source of the corresponding adjustment requirement.

B

Baseline (CORSIA)

The sector-wide reference emissions level against which growth is measured. Originally the 2019-2020 average; reset by the ICAO Council to 2019 alone after the pandemic traffic collapse.

Baseline (project)

Distinct from the CORSIA baseline. The scenario describing what emissions would have occurred without a carbon project, against which its reductions are measured.

Block-off / block-on

Moments when an aircraft leaves and arrives at its parking position. Several fuel monitoring methods use tank readings taken at these points. See fuel monitoring methods.

Buffer pool

A reserve of credits held back by a crediting programme to cover reversals in storage-based projects — a forest fire, for example. The main mechanism addressing permanence risk.

C

CAEP

The Committee on Aviation Environmental Protection, ICAO's technical committee. Develops standards and recommends to the Council. See CORSIA governance.

Cancellation

Permanently removing a unit from circulation in a registry, designated for CORSIA compliance. This, not purchase, discharges an offsetting obligation. Irreversible. See registries and cancellation.

CERT

The ICAO CO2 Estimation and Reporting Tool. Estimates emissions from flight data without full fuel monitoring. Available to small emitters and for filling data gaps.

Chain of custody

Documentation tracking a sustainability attribute from fuel producer to aircraft uplift. Required for any CORSIA Eligible Fuels claim.

Chicago Convention

The 1944 Convention on International Civil Aviation establishing ICAO. Its Annexes carry international aviation standards, including Annex 16 Volume IV.

Compliance period

A three-year block over which offsetting requirements accumulate and are settled by cancelling units. See compliance periods and deadlines.

CORSIA Eligible Emissions Unit (EEU)

A carbon credit that may be used for CORSIA compliance — from an ICAO-approved programme, in an eligible vintage, with a host-State corresponding adjustment, meeting all the Emissions Unit Criteria. See EEUs.

CORSIA Eligible Fuel (CEF)

Sustainable aviation fuel or lower carbon aviation fuel meeting the CORSIA sustainability criteria, certified under an approved scheme, with documented chain of custody. Reduces the offsetting requirement. See CORSIA Eligible Fuels.

Corresponding adjustment

The accounting entry by which a host State adds authorised transferred tonnes back into its own national inventory, so the same reduction is not claimed twice. The binding constraint on CORSIA supply. See corresponding adjustments.

Covered emissions

Emissions on route pairs where both origin and destination States participate in CORSIA. The base to which the growth factor applies. Smaller than total international emissions.

Crediting programme

A standards body that publishes methodologies, registers projects, oversees verification and operates a registry. ICAO approves programmes, not individual projects. See approved crediting programmes.

D

Designated National Authority (DNA)

The government body authorised to grant Article 6 authorisations and corresponding adjustments in a host State. Where none exists, CORSIA supply from that country is effectively impossible.

DGCA

The Directorate General of Civil Aviation, India's national authority for CORSIA. See CORSIA in India.

Double counting

Claiming the same emission reduction more than once. Takes three forms: double issuance, double use, and double claiming. The last is the hard one, remedied by corresponding adjustments.

E

Emissions Monitoring Plan (EMP)

The document describing how an operator will monitor and report emissions. Must be approved by the national authority before monitoring begins. See the EMP.

Emissions Unit Criteria (EUC)

ICAO's criteria defining what makes a carbon credit usable for CORSIA. Eight requirements, all of which must hold. See the emissions unit criteria.

Emissions Unit Cancellation Report

The report filed with the national authority identifying units cancelled against an offsetting obligation. Closes the compliance loop.

G

Growth factor

The proportion of covered emissions that must be offset. Sectoral growth factor measures growth across the whole covered sector; individual growth factor measures an operator's own growth and gains weight from 2030. See baseline and growth factors.

I

ICAO

The International Civil Aviation Organization, a UN specialised agency. Administers CORSIA but cannot enforce directly against operators.

ILUC

Induced Land Use Change. Emissions caused when fuel feedstock production displaces other land use. Added to lifecycle emissions when assessing CORSIA Eligible Fuels.

Individual growth factor

An operator's own emissions growth relative to the baseline. Enters the obligation calculation from 2030 at 15% weight, rising to 30% from 2033.

ITMO

Internationally Transferred Mitigation Outcome. The Article 6.2 term for an authorised, corresponding-adjusted mitigation outcome transferred between parties.

L

LCAF

Lower Carbon Aviation Fuel. A fossil-based aviation fuel with lower lifecycle carbon intensity than the conventional baseline, for example through refinery carbon capture.

Lifecycle emissions

Well-to-wake emissions covering feedstock production, transport, conversion, distribution and combustion. The basis for assessing CORSIA Eligible Fuels, not combustion emissions alone.

M

Mass balance

A chain-of-custody model allowing physical commingling of sustainable and conventional fuel while tracking the sustainability attribute, requiring quantities to balance over a defined period.

Materiality

The threshold above which a misstatement in an emissions report matters. Set relative to reported emissions, tighter for larger emitters.

MRV

Monitoring, Reporting and Verification. The annual cycle every in-scope operator runs, whether or not offsets are owed. See CORSIA MRV explained.

MTOM

Maximum certificated Take-Off Mass. CORSIA applies to aeroplanes above 5,700 kg MTOM.

N

NDC

Nationally Determined Contribution. A country's climate target under the Paris Agreement. Authorising a corresponding adjustment makes an NDC harder to meet, which is why governments hesitate.

No net harm

The criterion requiring a project not to contravene host-State law or cause social or environmental harm. Land tenure disputes are the most common failure.

O

Offsetting requirement

The tonnes of CO2 an operator must offset, calculated as covered emissions × growth factor, less any CORSIA Eligible Fuels reduction. See the calculation.

P

Permanence

The requirement that a reduction is not reversible, or that reversal risk is addressed through a buffer pool or equivalent. Straightforward for avoided emissions, difficult for stored carbon.

Programme of Activities (PoA)

A structure allowing multiple similar small activities to register under one umbrella with a shared methodology, making otherwise uneconomic projects viable through aggregation.

R

Registry

A system holding serialised carbon units and recording issuance, transfer and cancellation. Operated by crediting programmes — there is no single CORSIA registry.

Route pair

An origin and destination State combination. An offsetting obligation arises only where both participate in CORSIA.

S

SAF

Sustainable Aviation Fuel. Renewable or waste-derived aviation fuel. Qualifies as a CORSIA Eligible Fuel if it meets the sustainability criteria and is properly certified and documented.

SARPs

Standards and Recommended Practices. The instruments in ICAO Annexes; Standards are binding on Member States, Recommended Practices are advisory.

Sectoral growth factor

Growth in covered emissions across the whole sector relative to the 2019 baseline. The sole basis for obligations through 2029. Means an operator whose own emissions fell can still owe offsets.

Serialisation

Unique identification of each carbon unit, encoding programme, project, vintage and batch position. Prevents double use and establishes chain of custody.

State of the Operator

The State that issued the operator's Air Operator Certificate, and therefore the State whose authority administers CORSIA for that operator.

Sustainability Certification Scheme (SCS)

A scheme ICAO has approved to certify CORSIA Eligible Fuels against the sustainability criteria.

T

TAB

Technical Advisory Body. The independent expert group assessing crediting programmes against the Emissions Unit Criteria and recommending to the ICAO Council.

V

Verification body

An accredited independent organisation that verifies an operator's Annual Emissions Report. Must be independent of any party that advised on the report.

Vintage

The monitoring period during which a reduction physically occurred. Not the issuance date. Must fall within an eligible window for the relevant compliance period. See vintages and eligibility windows.

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