Linking the ICAO Global Market-Based Mechanism to REDD+ in Ethiopia

The International Civil Aviation Organization and its 191 member States agreed in October 2016 to implement a Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to limit future increases in greenhouse gas emissions from the sector. This market-based scheme creates a potential global demand of over 2 billion metric tons of investment-grade emissions reductions from 2021 to 2035.

Ethiopia could meet some of this demand with its current and projected supply from reducing emissions from deforestation and forest degradation and through forest restoration. This report provides a quantitative analysis of Ethiopia’s opportunities from making these emission reductions available to airlines in Ethiopia and beyond.