Global Voluntary Carbon Offsets for Forestry Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Voluntary Carbon Offsets for Forestry Sales Market Report 2024
Market Analysis and InsightsGlobal Voluntary Carbon Offsets for Forestry Market
Forest carbon offsets are a cost effective way to reach carbon neutrality goals. A carbon offset – or carbon credit – is a reduction in greenhouse gas emissions to compensate for emissions made somewhere else. Credits are traceable, tradable and finiteWhen they are purchased, they are retired forever. This revenue funds projects and activities that protect or restore forests, often supporting local communities with alternative livelihood opportunities that keep trees standing, and it helps fund programs to do so in perpetuity.In areas lacking pre-compliance or compliance market, voluntary projects (and their buyers) are often motivated to choose certain locations for reasons beyond the emissions reduction potential. For example, many forest carbon projects aim to protect trees and biodiversity first and foremost; revenue gained from carbon offsets is simply the means to achieve forest protection. Similarly, clean cookstoves projects are often located in rural or urban areas where households rely on smoky indoor stoves to cook, and aim to have both health and carbon benefits. The location of these projects is thus chosen at a sub-national level, and is highly specific to certain communities or ecosystems.
Due to the COVID-19 pandemic, the global Voluntary Carbon Offsets for Forestry market size is estimated to be worth US$ 180.9 million in 2022 and is forecast to a readjusted size of US$ 1134.8 million by 2033 with a CAGR of 28.8% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Forest Management Project accounting for % of the Voluntary Carbon Offsets for Forestry global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Personal segment is altered to an % CAGR throughout this forecast period.
Global key players of voluntary carbon offsets for forestry include South Pole Group, 3Degrees, First Climate market AG etc. The top 3 companies hold a share about 25%. Europe is the largest market, with a share about 55%, followed by Asia Pacific and North America with the share both about 18%. In terms of product, forest management project is the largest segment, with a share over 60%. And in terms of application, the largest end user is personal, followed by enterprise.
Global Voluntary Carbon Offsets for Forestry Scope and Market Size
The global Voluntary Carbon Offsets for Forestry market is segmented by company, region (country), by Project and by End User. Players, stakeholders, and other participants in the global Voluntary Carbon Offsets for Forestry market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Project and by End User for the period 2018-2033.
Segment by Project
Forest Management Project
Afforestation Project
Segment by End User
Personal
Enterprise
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
South Pole Group
3Degrees
First Climate Markets AG
NatureOffice GmbH
Allcot Group
Forliance
Swiss Climate
Ecotierra
EcoAct
GreenTrees
Forest Carbon
ClimatePartner GmbH
Bioassets
Carbon Credit Capital
Bluesource
Biofílica
L&C Carbon
Forest carbon offsets are a cost effective way to reach carbon neutrality goals. A carbon offset – or carbon credit – is a reduction in greenhouse gas emissions to compensate for emissions made somewhere else. Credits are traceable, tradable and finiteWhen they are purchased, they are retired forever. This revenue funds projects and activities that protect or restore forests, often supporting local communities with alternative livelihood opportunities that keep trees standing, and it helps fund programs to do so in perpetuity.In areas lacking pre-compliance or compliance market, voluntary projects (and their buyers) are often motivated to choose certain locations for reasons beyond the emissions reduction potential. For example, many forest carbon projects aim to protect trees and biodiversity first and foremost; revenue gained from carbon offsets is simply the means to achieve forest protection. Similarly, clean cookstoves projects are often located in rural or urban areas where households rely on smoky indoor stoves to cook, and aim to have both health and carbon benefits. The location of these projects is thus chosen at a sub-national level, and is highly specific to certain communities or ecosystems.
Due to the COVID-19 pandemic, the global Voluntary Carbon Offsets for Forestry market size is estimated to be worth US$ 180.9 million in 2022 and is forecast to a readjusted size of US$ 1134.8 million by 2033 with a CAGR of 28.8% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Forest Management Project accounting for % of the Voluntary Carbon Offsets for Forestry global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Personal segment is altered to an % CAGR throughout this forecast period.
Global key players of voluntary carbon offsets for forestry include South Pole Group, 3Degrees, First Climate market AG etc. The top 3 companies hold a share about 25%. Europe is the largest market, with a share about 55%, followed by Asia Pacific and North America with the share both about 18%. In terms of product, forest management project is the largest segment, with a share over 60%. And in terms of application, the largest end user is personal, followed by enterprise.
Global Voluntary Carbon Offsets for Forestry Scope and Market Size
The global Voluntary Carbon Offsets for Forestry market is segmented by company, region (country), by Project and by End User. Players, stakeholders, and other participants in the global Voluntary Carbon Offsets for Forestry market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Project and by End User for the period 2018-2033.
Segment by Project
Forest Management Project
Afforestation Project
Segment by End User
Personal
Enterprise
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
South Pole Group
3Degrees
First Climate Markets AG
NatureOffice GmbH
Allcot Group
Forliance
Swiss Climate
Ecotierra
EcoAct
GreenTrees
Forest Carbon
ClimatePartner GmbH
Bioassets
Carbon Credit Capital
Bluesource
Biofílica
L&C Carbon
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices