Global Voluntary Carbon Offsets for Forestry Market Growth (Status and Outlook) 2023-2029
Forest carbon offsets are a cost effective way to reach carbon neutrality goals. A carbon offset – or carbon credit – is a reduction in greenhouse gas emissions to compensate for emissions made somewhere else. Credits are traceable, tradable and finite: When they are purchased, they are retired forever. This revenue funds projects and activities that protect or restore forests, often supporting local communities with alternative livelihood opportunities that keep trees standing, and it helps fund programs to do so in perpetuity.In areas lacking pre-compliance or compliance market, voluntary projects (and their buyers) are often motivated to choose certain locations for reasons beyond the emissions reduction potential. For example, many forest carbon projects aim to protect trees and biodiversity first and foremost; revenue gained from carbon offsets is simply the means to achieve forest protection. Similarly, clean cookstoves projects are often located in rural or urban areas where households rely on smoky indoor stoves to cook, and aim to have both health and carbon benefits. The location of these projects is thus chosen at a sub-national level, and is highly specific to certain communities or ecosystems.
LPI (LP Information)' newest research report, the “Voluntary Carbon Offsets for Forestry Industry Forecast” looks at past sales and reviews total world Voluntary Carbon Offsets for Forestry sales in 2022, providing a comprehensive analysis by region and market sector of projected Voluntary Carbon Offsets for Forestry sales for 2023 through 2029. With Voluntary Carbon Offsets for Forestry sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Voluntary Carbon Offsets for Forestry industry.
This Insight Report provides a comprehensive analysis of the global Voluntary Carbon Offsets for Forestry landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Voluntary Carbon Offsets for Forestry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Voluntary Carbon Offsets for Forestry market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Voluntary Carbon Offsets for Forestry and breaks down the forecast by project, by end user, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Voluntary Carbon Offsets for Forestry.
The global Voluntary Carbon Offsets for Forestry market size is projected to grow from US$ 177 million in 2022 to US$ 1100 million in 2029; it is expected to grow at a CAGR of 29.8% from 2023 to 2029.
Global key players of voluntary carbon offsets for forestry include South Pole Group, 3Degrees, First Climate market AG etc. The top 3 companies hold a share about 25%. Europe is the largest market, with a share about 55%, followed by Asia Pacific and North America with the share both about 18%. In terms of product, forest management project is the largest segment, with a share over 60%. And in terms of application, the largest end user is personal, followed by enterprise.
This report presents a comprehensive overview, market shares, and growth opportunities of Voluntary Carbon Offsets for Forestry market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by project
Forest Management Project
Afforestation Project
Segmentation by end user
Personal
Enterprise
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
South Pole Group
3Degrees
First Climate Markets AG
NatureOffice GmbH
Allcot Group
Forliance
Swiss Climate
Ecotierra
EcoAct
GreenTrees
Forest Carbon
ClimatePartner GmbH
Bioassets
Carbon Credit Capital
Bluesource
Biofílica
L&C Carbon
Please note: The report will take approximately 2 business days to prepare and deliver.
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