The value of the global carbon market increased two percent in 2023, to record high of 881 billion euros (949 billion U.S. dollars). The European Union Emission Trading System is the largest carbon market based on value, accounting for roughly 87 percent of the global market size in 2023. Carbon trading is the purchase and sale of credits that allow a company or entity, such as a power plant, to emit a certain amount of carbon dioxide.
Value of the carbon market worldwide from 2018 to 2023
(in billion euros)
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Reuters. (February 12, 2024). Value of the carbon market worldwide from 2018 to 2023 (in billion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1334848/global-carbon-market-size-value/
Reuters. "Value of the carbon market worldwide from 2018 to 2023 (in billion euros)." Chart. February 12, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1334848/global-carbon-market-size-value/
Reuters. (2024). Value of the carbon market worldwide from 2018 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1334848/global-carbon-market-size-value/
Reuters. "Value of The Carbon Market Worldwide from 2018 to 2023 (in Billion Euros)." Statista, Statista Inc., 12 Feb 2024, https://www.statista.com/statistics/1334848/global-carbon-market-size-value/
Reuters, Value of the carbon market worldwide from 2018 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1334848/global-carbon-market-size-value/ (last visited November 21, 2024)
Value of the carbon market worldwide from 2018 to 2023 (in billion euros) [Graph], Reuters, February 12, 2024. [Online]. Available: https://www.statista.com/statistics/1334848/global-carbon-market-size-value/
