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Carbon Offset/Carbon Credit Market worth $1,602.7 Billion by 2028
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The global Carbon Offset/Carbon Credit Market is expected to grow from an estimated USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% during the forecast period. The carbon offset/carbon credit market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. Increasing investments in carbon capture technologies and solutions along with the rise in projects that are helping communities and creating social impact, is expected to drive the carbon offset/carbon credit market.
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