The carbon offset market includes offerings such as carbon offsetting and carbon compensation that provide solutions for effective carbon accounting and balancing the carbon footprint. Carbon offsetting is a system adopted by governments, industries, and individuals to balance their greenhouse gas emissions with emission removal projects. Projects undertaken for carbon offsetting include...
The Global Carbon Offset Market is estimated to be valued at US$ 414.80 billion in 2023 and is expected to exhibit a CAGR of 31.7% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:The Carbon Offset Market involves the purchase of carbon credits to compensate for emissions of greenhouse gases. These credits are...