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The global carbon credit trading platform market is anticipated to grow at a significant CAGR of 15.4% during the forecast period (2024–2031). The market growth is attributed to the rising environmental concerns, imposition of carbon credit laws and taxes, and monetary incentives linked to carbon surplus for nations and companies. For instance, in December 2023, the World Bank announced its ambitious plans for the growth of high-integrity global carbon markets, with 15 countries set to earn income from the sale of carbon credits generated from preserving their forests. By 2024, countries will have produced over 24 million credits and as many as 126 million by 2028. These credits could earn up to $2.5 billion in the right market conditions, with much of that going back to communities and countries.
Moreover, rising emissions across industries are causing environmental damage and have created a demand for carbon credits globally. For instance, in 2021, the Intergovernmental Panel on Climate Change (IPCC) released a report card on the world's progress towards slowing climate change stating Greenhouse Gas (GHG) emissions are still rising across all major sectors globally with the assumption of 2°C of warming increase during the 21st century. Major sectors which are bound to produce GHG such as petrochemical, aviation, energy, and other emission causing industries are offsetting their carbon footprints through carbon credit trading to create a positive brand image and evade any regulatory action from their respective governments.
To Request a Sample of our Carbon Credit Trading Platform Market: https://www.omrglobal.com/request-sample/carbon-credit-trading-platform-market
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By type
- By System Type
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape Include Navico Group., Furuno Electric Co., Ltd., Garmin Würzburg GmbH, Teledyne FLIR LLC, and Japan Radio Co., Ltd.
Carbon Credit Trading Platform Market Report Segment
By Type
- Voluntary
- Compliance / Regulated
By System Type
- Cap and Trade
- Baseline and Credit
By End-User
- Industrial
- Utilities
- Energy
- Petrochemical
- Aviation
- Others
A full Report of Carbon Credit Trading Platform Market is Available @ https://www.omrglobal.com/industry-reports/carbon-credit-trading-platform-market
Carbon Credit Trading Platform Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AirCarbon Exchange
- Aviation Carbon eXchange (ACE)
- BetaCarbon Pty Ltd
- Carbonplace UK Ltd.
- Carbon Credit Capital, LLC.
- CARBON EX Inc.
- Climate Impact X Pte. Ltd
- CLIMATETRADE
- Climate Vault, Inc.
- CME Group Inc.
- Environmental Market Services Ltd. (Carbon Trading Exchange)
- European Energy Exchange AG
- Flow Carbon Inc.
- Intercontinental Exchange, Inc.
- Likvidi Technologies Ltd.
- Nasdaq Inc.
- South Pole
- Toucan
- United Nations Carbon Offset Platform
- Xpansiv Ltd.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @https://www.omrglobal.com/report-customization/carbon-credit-trading-platform-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
Article source: https://article-realm.com/article/Business/63039-Carbon-Credit-Trading-Platform-Market-Is-Likely-to-Experience-a-Tremendous-Growth-by-2031.html
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