1. What is the projected Compound Annual Growth Rate (CAGR) of the Trading of Carbon Credit?
The projected CAGR is approximately 37.68%.
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Trading of Carbon CreditTrading of Carbon Credit by Type (Forestry, Renewable Energy, Waste Disposal, Others), by Application (Personal, Enterprise), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2026-2034
The global carbon credit trading market is poised for significant expansion, projected to reach $933.23 billion by 2025, exhibiting a robust Compound Annual Growth Rate (CAGR) of 37.68% from 2025 to 2033. This growth is propelled by escalating demand for sustainable climate solutions, stringent regulatory frameworks, and corporate commitments to achieve net-zero emissions.
Key market dynamics include the growing prominence of forestry and renewable energy projects as primary carbon credit sources, the integration of blockchain technology for enhanced transaction transparency and security, and the emergence of novel segments like personal carbon footprint management. Leading entities such as South Pole Group, MyClimate, and Schneider are prominent players, with North America and Europe anticipated to maintain their leading market positions throughout the forecast period.
The voluntary carbon market (VCM) is experiencing rapid growth, driven by the imperative to reduce greenhouse gas emissions. Following a substantial valuation of $851 million in 2021, the market is forecasted to reach $2.4 trillion by 2027.
Key growth drivers for the carbon credit market include:
The carbon credit trading landscape presents complexities and evolving challenges that require strategic attention to ensure sustained market growth. These include:
Despite these hurdles, the carbon credit trading market demonstrates considerable promise and holds the potential to be a pivotal contributor to global climate change mitigation efforts.
The key regions and segments that are expected to dominate the trading of carbon credit market include:
The Asia-Pacific region is expected to be the largest market for carbon credits, due to the region's rapidly growing economies and its increasing commitment to reducing greenhouse gas emissions. Europe is also a major market for carbon credits, due to the region's strong environmental regulations and its commitment to the Paris Agreement. North America is a growing market for carbon credits, driven by the increasing demand for carbon credits from companies in the United States and Canada.
The forestry segment is expected to be the largest segment of the carbon credit market, due to the large amount of carbon that can be sequestered by forests. The renewable energy segment is also expected to be a major segment of the market, due to the increasing demand for renewable energy sources. The waste disposal segment is expected to grow rapidly, due to the increasing demand for waste management solutions.
The growth of the trading of carbon credit industry is expected to be driven by a number of factors, including:
The leading players in the trading of carbon credit market include:
The trading of carbon credit sector has seen a number of significant developments in recent years, including:
These developments are expected to continue to drive the growth of the trading of carbon credit market in the years to come.
This report provides a comprehensive overview of the trading of carbon credit market, including:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 37.68% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 37.68%.
Key companies in the market include South Pole Group, 3Degrees, ClimatePartner GmbH, Green Mountain Energy, EcoAct, MyClimate, First Climate Markets AG, Terrapass, Schneider, Aera Group, Allcot Group, Swiss Climate, Forliance, Bluesource, GreenTrees, NativeEnergy, NatureOffice GmbH, Element Markets, Bischoff & Ditze Energy GmbH, Bioassets, UPM Umwelt-Projekt-Management GmbH, Carbon Credit Capital, CBEEX, Biofílica.
The market segments include Type, Application.
The market size is estimated to be USD 933.23 billion as of 2022.
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The market size is provided in terms of value, measured in billion.
Yes, the market keyword associated with the report is "Trading of Carbon Credit," which aids in identifying and referencing the specific market segment covered.
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