PUBLISHER: QYResearch | PRODUCT CODE: 1043118
PUBLISHER: QYResearch | PRODUCT CODE: 1043118
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 finite: When 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.
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.
Market Analysis and Insights: Global Voluntary Carbon Offsets for Forestry Market
The global Voluntary Carbon Offsets for Forestry market size is projected to reach US$ 1134.8 million by 2027, from US$ 180.9 million in 2020, at a CAGR of 28.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Voluntary Carbon Offsets for Forestry market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Voluntary Carbon Offsets for Forestry market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Voluntary Carbon Offsets for Forestry market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Voluntary Carbon Offsets for Forestry market.
Global Voluntary Carbon Offsets for Forestry Scope and Market Size
Voluntary Carbon Offsets for Forestry market is segmented by company, region (country), by Type, and by Application. 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 revenue and forecast by Project and by End User in terms of revenue and forecast for the period 2016-2027.
Segment by Project
Segment by End User
By Region
By Company