The 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 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Carbon offsetting involves balancing carbon emissions by funding projects that reduce greenhouse gas (GHG) from the atmosphere. This is done by ... Read more

Carbon offsets are verified reductions of greenhouse gas emissions used to compensate for emissions made elsewhere, such as those from fossil fuel use, in attempt to reduce the net emissions of carbon dioxide or other greenhouse gases into the atmosphere. Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent reductions from energy efficiency projects, fuel switching, destruction of industrial pollutants or greenhouse gases, or land use practices ... Read more