Growth Opportunities in the Carbon Credits Market, Global, 2024–2030
Carbon Credits Experiencing Transformational Growth due to Net-zero Commitments and New Technologies
The Paris Agreement set ambitious targets to progressively reduce greenhouse gas (GHG) emissions based on national plans, known as nationally determined contributions (NDCs). Consequently, carbon pricing and crediting instruments were introduced to reduce global emissions by applying a price to the GHGs emitted by a certain activity, leading to the creation of several systems worldwide based on either carbon taxes or emissions trading systems (ETSs). Apart from governments enforcing these carbon targets through legally binding systems, consumers are becoming increasingly aware of the environmental impact of their actions, pressing companies to incorporate sustainable practices to maximize profit and sales. The legal requirement to offset emissions differentiates both segments of the carbon market. While the compliance market is constructed around ETSs and carbon taxes established by government policies, the voluntary market consists of the proactive purchase of carbon credits to reduce a company’s or an individual’s carbon footprint.
The study analyzes the global carbon credits market from a regional perspective, focusing on the Americas, Europe, the Middle East and Africa (MEA), and Asia-Pacific (APAC), comparing metrics, such as policy development, investment, and funding. A detailed assessment of carbon projects and credits is presented as well, analyzing the market through the lens of Frost & Sullivan’s 6P Framework, covering policies, products, processes, personas, partnerships, and platforms.
Some of the key growth opportunities in the market include carbon insurance, the implementation of blockchain technologies for enhanced transparency, and government-led voluntary carbon markets.
Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8TM
The Impact of the Top 3 Strategic Imperatives on the Global Carbon Credits Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
Scope of Analysis
Segmentation by Market Type
Segmentation by Region
Compliance Carbon Markets
Voluntary Carbon Markets
Map of Carbon Pricing Instruments
Map of Governmental Carbon Crediting Instruments
Carbon Credit Lifecycle
The 6P Framework for the Future of the ESG, Sustainability, and Circular Economy: A Pathway to Net Zero
Policies
Products
Processes
Personas
Partnerships
Platforms
Key Competitors
Growth Metrics
Distribution Channels
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Market Type
Revenue Forecast by Region
Table Carbon Credits: Revenue Forecast by Region, Global, 2020-2030
Revenue Forecast Analysis
Pricing Trends and Forecast Analysis
Competitive Environment
Revenue Share
Revenue Share Analysis
Growth Opportunity Analysis: Americas
Growth Metrics
Revenue Forecast
Revenue Forecast by Market Type
Forecast Analysis
Growth Opportunity Analysis: Europe
Growth Metrics
Revenue Forecast
Revenue Forecast by Market Type
Forecast Analysis
Growth Opportunity Analysis: APAC
Growth Metrics
Revenue Forecast
Revenue Forecast by Market Type
Forecast Analysis
Growth Opportunity Analysis: MEA
Growth Metrics
Revenue Forecast
Revenue Forecast by Market Type
Forecast Analysis
Growth Opportunity Universe
Growth Opportunity 1: Carbon Insurance for Risk Management
Growth Opportunity 2: Blockchain to Achieve Carbon Transparency