A DSTechnoverse companyIndore, India · since 2015
CORSIACarbon Credit

Advisory for operators & developers

CORSIA carbon credit services

CORSIA advisory from our Indore desk for both sides of the aviation credit market: operator MRV and offsetting calculations, sourcing and cancelling CORSIA Eligible Emissions Units, and helping developers secure host-State authorisation and get units onto a registry.

01 Overview

A CORSIA Desk That Works for Buyers and Sellers

CORSIA is the scheme agreed at ICAO under which aircraft operators offset the growth in CO2 from international flights above a set baseline. No other single industry has a global market-based measure of its own, and the credits it calls for are a narrow slice of what the voluntary market produces. For the mechanics, see how CORSIA works.

We act for both parties to that trade. Airlines and other aircraft operators come to us for the compliance chain: the monitoring plan, the annual emissions report, the offsetting calculation, finding units that genuinely qualify and cancelling them. Project developers, aggregators and sellers come to us to find out whether their project can realistically yield CORSIA Eligible Emissions Units, to work through host-State authorisation (the step sellers most often underestimate) and to reach buyers.

Start with the point that catches out most newcomers: being a carbon credit does not make a unit usable for CORSIA. Three tests apply. The unit has to be issued by a crediting programme ICAO has approved, its vintage must sit inside an eligible window, and the host government must have applied a corresponding adjustment. A unit that fails any one of them can still be sold as a voluntary credit, but no operator can surrender it for compliance.

02 The scheme

The Obligation, Phase by Phase

Obligations under CORSIA depend on the phase. Monitoring, reporting and verification have applied to every operator over the threshold since the scheme began, while offsetting has been introduced in stages. Our phases and timeline page covers each one in more depth.

2019–2020Baseline period

The years whose emissions set the reference point for measuring growth. After traffic collapsed during the pandemic, the reference was in practice moved to 2019 levels.

2021–2023Pilot phase

Offsetting covered operators from States that chose to take part.

2024–2026First phase

State participation stays voluntary, and the sectoral growth factor sets what each operator owes.

2027–2035Second phase

States above defined aviation activity thresholds must take part, with a limited set of exemptions.

Throughout: any operator with more than 10,000 tonnes of CO2 a year from international flights has to monitor, report and get its emissions verified, whether or not it owes any offsetting that year.

03 What we do

Services, by side of the market

Aircraft operators & buyers

Compliance, with the procurement problem solved

For an operator, CORSIA is two jobs. Compliance is the procedural one, and its rules are clear. Procurement is the one that costs money: eligible supply is scarce, prices are hard to see, and they bear little relation to general voluntary market prices. Our guide on how to buy CORSIA carbon credits walks through the process.

  1. Drafting or reviewing your Emissions Monitoring Plan against ICAO Annex 16 Volume IV and what your national authority expects.
  2. Choosing a fuel use monitoring method by weighing the approved options against the data your operations actually produce.
  3. Preparing the Annual Emissions Report and supporting you through third-party verification.
  4. Calculating your offsetting requirement, with the sectoral and individual growth factors applied correctly to reported emissions.
  5. Sourcing units that truly meet the criteria, as opposed to supply that is merely labelled CORSIA-ready.
  6. Pre-purchase checks on each unit: vintage, the programme's approval status and evidence of the corresponding adjustment.
  7. Opening registry accounts, executing transfers and cancelling units against your obligation.
  8. Reporting the cancellation to your State authority so the compliance cycle is closed.
  9. A buying strategy across several compliance periods, for operators who want to manage their exposure to price.

Post a buy requirement

Project developers & sellers

Authorisation first, before you spend

Getting credits accepted into CORSIA is much harder than selling them voluntarily. The obstacle is rarely the project itself; it is nearly always the corresponding adjustment.

Article 6 of the Paris Agreement requires a host State that authorises a credit for another country's obligation, or for an international scheme like CORSIA, to adjust its own national inventory to match. In effect, the country gives up that reduction in its own NDC accounting. Plenty of governments are unwilling to do that, and some have no procedure for it. So a project can be registered, verified and issuing, and still be shut out of CORSIA because the host State will not sign off. More on this in corresponding adjustments and Article 6.

That is why authorisation is the first thing we look at, before a developer spends on a route that cannot be finished.

  1. Screening the project against methodologies under ICAO-approved programmes.
  2. Assessing host-State authorisation and the corresponding adjustment, which decides everything else and so comes first.
  3. Picking the approved crediting programme that suits the project type.
  4. Support on the project design document: baseline, additionality case and monitoring plan.
  5. Coordinating validation and verification with accredited third-party bodies.
  6. Registry account opening and help through issuance.
  7. Finding buyers and structuring offtake, forward purchase agreements included.
  8. Price guidance based on where CORSIA-eligible units actually trade, not on headline voluntary market numbers.

List your project

04 Unit-level criteria

The Tests a Unit Must Pass

Crediting programmes are assessed against the Emissions Unit Criteria by the ICAO Technical Advisory Body, and approval is given by the ICAO Council. Programme approval is only the first gate: each unit must also meet the criteria itself. The full list is set out in the Emissions Unit Criteria.

01Additional

The reduction would not have happened without the revenue from the credit.

02Real & measurable

Quantified conservatively under an approved methodology.

03Permanent

Reversal risk addressed through a buffer pool or an equivalent mechanism.

04Independently verified

Checked by an accredited third-party verification body.

05Not double counted

The host State applies a corresponding adjustment to its own inventory.

06Eligible vintage

Inside the vintage window the ICAO Council sets for the compliance period.

07No net harm

Does not contravene host-State law or social and environmental safeguards.

08Traceable

Held in a registry with unique serial numbers and a clear cancellation record.

05 Programmes

Which Programmes ICAO Has Approved

Approvals come from the ICAO Council and are reviewed from time to time, so the list moves. Programmes have been approved, approved with conditions, and seen approval lapse. Before any transaction, check the current status on the ICAO CORSIA emissions units page, not a list copied somewhere else, this page included.

Verra, Gold Standard, the Global Carbon Council, the Climate Action Reserve, the American Carbon Registry and Architecture for REDD+ Transactions are among the programmes that have held approval. Some approvals are full and some conditional, and the conditions often concern how a programme deals with corresponding adjustments.

The practical upshot for buyers: an approved programme can still issue units that do not qualify. Approval is required, but the unit-level criteria apply on top. We cover this in ICAO-approved crediting programmes.

06 India

CORSIA from India

India takes part in CORSIA, so Indian carriers flying international routes are in scope. Their national authority is the Directorate General of Civil Aviation, which handles emissions monitoring plans and annual reports and oversees verification.

Developers in India face a less settled position. India has been setting up a domestic Carbon Credit Trading Scheme, with the Energy Conservation Act framework as its legal base, and how that scheme, Article 6 authorisation and CORSIA eligibility fit together is still being worked out. Anyone planning an international sale should know which route their credits will take before choosing a methodology. CORSIA in India sets out the detail.

Our clients here include Indian operators handling CORSIA compliance, and developers from India and the wider region testing whether an overseas sale is realistic under the authorisation position as it stands.

07 Approach

How we work

Our background is environmental data and analytics, and it shows in how we handle CORSIA. Emissions accounting, growth factor arithmetic, unit due diligence and registry reconciliation are data problems first and market problems second, and that is where mistakes get expensive.

We also say plainly what is not yet known. CORSIA is still being built. Programme approvals change, vintage windows move, host-State authorisation practice differs widely from country to country, and the design of the second phase is still under negotiation. An adviser who calls all this settled is either not watching closely or selling a certainty nobody has.

Viability first

you hear whether a route can work before you spend on it.

A written rationale

decisions are recorded so they can be defended to a verifier or auditor years later.

Both sides of the trade

buyer advice is shaped by real supply, and seller advice by what buyers will accept.

Careful accounting

emissions and unit records are treated as data work, not form-filling.

Risks named

vintage, authorisation, programme approval and price risk are spelt out, not skated over.

09 FAQ

Questions operators and developers ask

More in the full CORSIA FAQ.

What counts as a CORSIA carbon credit?

It is a CORSIA Eligible Emissions Unit: a credit ICAO accepts for meeting an operator's offsetting obligation. It needs an ICAO-approved crediting programme, an eligible vintage and a corresponding adjustment by the host State, and most voluntary credits fall short on at least one of those.

Which operators must buy CORSIA units?

Those flying internationally between States that participate in CORSIA, where emissions are above the baseline. Operators emitting under 10,000 tonnes of CO2 a year on international flights are exempt from offsetting, although reporting may still be required.

Is every carbon project able to sell into CORSIA?

No. Its methodology has to sit under a programme ICAO has approved, and the host State must be prepared to authorise its units and make a corresponding adjustment. That second requirement rules out many projects that are otherwise sound.

Why does the corresponding adjustment matter so much?

A host State that authorises a credit for use abroad adds that reduction back into its own emissions accounts so the tonne is only counted once. Governments often resist because it makes their own targets harder to hit, and without the adjustment a unit cannot qualify for CORSIA.

What do CORSIA units cost?

More than general voluntary credits, because the eligible pool is far smaller. Prices vary a great deal with project type, vintage and volume, and published voluntary market averages tell you little. See CORSIA credit pricing.

How long before a new project can issue CORSIA-eligible units?

Usually somewhere between eighteen months and three years from concept to first issuance. The methodology, the validation queue and the speed of host-State authorisation all affect it, and authorisation is the hardest to predict.

Is India part of CORSIA?

Yes. Indian carriers on international routes are covered, and the DGCA is the national authority for monitoring, reporting and verification.

What is the first step?

Register on our application portal as a buyer or a seller. We will look at your position and tell you what is realistically achievable. Register here.

Start a conversation

Tell us where you stand.
We’ll tell you what’s achievable.

Whether you are an operator with an offsetting obligation, a company retiring credits, or a developer with units to place — the first call is an honest assessment, not a sales pitch.

or call +91 80857 78977 · Mon – Sat, 10:00 – 19:00 IST
Chat on WhatsApp