Global carbon offset/carbon credit market size 2022-2028

The global carbon offset/carbon credit market was valued at 331.8 billion U.S. dollars in 2022. It is expected that the global carbon offset/carbon credit market will grow at a CAGR of 31 percent during the forecast period of 2023 to 2028 to reach a value of 1.6 trillion U.S. dollars. This growth will be driven by the world's continued aim of reaching net-zero emissions and increased investments in carbon capture technoligies.

The largest market for carbon offset/carbon credit during this period is expected to be Europe, owing to the EU-ETS - the largest emissions trading system worldwide.