60 likes | 85 Views
The carbon market allows for the purchase and sale of carbon credits. To offset their own emissions and achieve their sustainability<br>objectives, buyers, such as businesses, governments, or individuals, buy carbon credits. Through specialized platforms or exchanges, the<br>carbon credits are transferred from the seller to the buyer. When carbon credits are bought, they are usually retired or cancelled, making<br>sure they cannot be used or traded again. Governments or regulatory bodies typically establish registries or tracking systems to record<br>the issuance, ownership, and retirement .
E N D
Opportunity Analysis and Industry Forecast, 2016-2023 Carbon Credits Market by Type, by System, by End-use Industry : Global Opportunity Analysis and Industry Forecast, 2023-2032 • Pages: 280 Tables: 109 Charts: 55
Global Carbon Credits Market Outlook (2023 – 2032) • Top Impacting Factors: • The carbon credits market size was valued at $2 billion in 2022, and is estimated to reach $143.5 billion by 2032, growing at a CAGR of 55.5% from 2023 to 2032. • The carbon credits are transferred from the seller to the buyer, often facilitated through specialized platforms or exchanges. • purchasing carbon credits can help in addressing huge amount of greenhouse gas emissions. Carbon credits are basically the certificates that represents the amount of greenhouse gases removed from the atmosphere. • The involvement often goes beyond basic compliance requirements, as companies voluntarily take additional measures to reduce their emissions and support emission reduction projects. • Pages: 280 Tables: 109 Charts: 55
Global Carbon Credits Market Outlook (2023 – 2032) • some of the disadvantages of carbon credit can be subject to significant price volatility, influenced by factors such as policy changes, market speculation, and economic conditions. • An increase in the number of public and private organizations that help in achieving environmental sustainability by trading carbon credits is anticipated to boost the market demand during the forecast period. • The carbon credits market share is segmented on the basis of type, system, end-use industry, and region. • Pages: 280 Tables: 109 Charts: 55
Global Carbon Credits Outlook (2023 – 2032) • Key Findings of The Market: • Based on type, the regulatory sub-segment emerged as the global leader in 2022 and the voluntary sub-segment anticipated to be the fastest growing during the forecast period. • Based on system, the cap-and-trade sub-segment emerged as the global leader in 2022 and the baseline-and-credit is predicted to show the fastest growth in the upcoming years. • Based on end-use industry, the industrial sub-segment emerged as the global leader in 2022 and is predicted to show the fastest growth in the upcoming years. • Based on region, the Asia-Pacific market registered the highest market share in 2022 and is projected to maintain its position during the forecast period. • Pages: 280 Tables: 109 Charts: 55
Key Players of The Carbon Credits Market: • TerraPass • Moss.Earth • South Pole • NativeEnergy • 3Degrees • NATUREOFFICE • Carbon Credit Capital LLC. • CarbonBetter • Climate Impact Partners • EKI Energy Services Ltd.
Global Carbon Credits Outlook (2023 – 2032) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On