The Carbon Offset/Carbon Credit Market has experienced significant growth as demand for sustainable practices continues to surge worldwide. Carbon offsetting, a practice aimed at mitigating greenhouse gas emissions, has become increasingly factors including increased awareness, regulatory initiatives, and corporate commitments to environmental sustainability.
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The Global Carbon Credit market is estimated to be valued at US$ 31.54 Bn in 2023 and is expected to exhibit a CAGR of 24. % over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:The global carbon credit market entails trading of pollution rights to release carbon dioxide and other greenhouse gases into the atmosphere....
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