Opportunities for Turkey under CORSIA

This report has been prepared to advise the Turkish government on the possible strategies to stimulate the supply position of the domestic carbon credit market towards CORSIA, while securing Turkey’s capacity to meet its energy sector pledges under the Paris Agreement in an environmentally integral way.

We analyze the demand and supply scenario by providing estimates on the maximum offsetting requirements for the Turkish aviation sector, and present carbon credit supply scenarios from existing Turkish projects. We also explore the issue of double-counting and what strategies could be applied to mitigate this risk in the Turkish context.