Forestry and Land Use Carbon Credit Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Project Type, By Credit Type, By End-User, By Region, and By Competition, 2020-2030F

Description

The Global Forestry and Land Use Carbon Credit Market was valued at USD 25.84 Billion in 2024 and is projected to reach USD 43.37 Billion by 2030, growing at a CAGR of 8.43% during the forecast period. This growth is fueled by heightened global efforts to combat climate change, pursue net-zero emissions, and safeguard ecosystems. Forestry and land use carbon credits are increasingly recognized as effective nature-based solutions for offsetting carbon emissions. These credits are derived from projects such as afforestation, reforestation, avoided deforestation (REDD/REDD+), soil carbon capture, improved forest management, and agroforestry. By assigning market value to carbon sequestration, these initiatives offer financial incentives for conservation and restoration while contributing to sustainable land use practices.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 25.84 Billion
Market Size 2030	USD 43.37 Billion
CAGR 2025-2030	8.43%
Fastest Growing Segment	Soil Carbon Sequestration
Largest Market	North America

Emerging economies across Latin America, Sub-Saharan Africa, and Southeast Asia are prominent regions for implementing forestry-based initiatives, particularly REDD+ projects aimed at forest conservation and community development. Meanwhile, industrialized nations like those in Europe and North America dominate as primary purchasers of these credits to meet voluntary climate targets or compliance obligations. The market is further supported by the rise of robust verification frameworks such as Verra, Gold Standard, and Plan Vivo, which have enhanced transparency, credibility, and stakeholder confidence. As more governments integrate forestry credits into regulatory frameworks and as corporate climate pledges proliferate, the demand for high-integrity, nature-based carbon offsets is expected to rise steadily.

Key Market Drivers

Corporate Net-Zero Commitments and Sustainability Targets

The increasing number of corporate net-zero pledges is a significant driver of growth in the Forestry and Land Use Carbon Credit Market. A growing share of Fortune 500 companies now allocate a portion of their sustainability budgets to nature-based offsets, with many planning to expand their offset purchases in the coming years. Large corporations are incorporating forestry credits into their carbon strategies, with annual average procurement volumes reaching hundreds of thousands of tons of CO2e-and in some cases, surpassing two million tons. This surge reflects strong momentum within voluntary carbon markets, where demand for credible, environmentally beneficial offsets is escalating alongside broader ESG commitments.

Key Market Challenges

Lack of Standardization and Fragmented Verification Practices

A major challenge in the market is the lack of harmonized standards and verification practices across jurisdictions and frameworks. Although platforms such as Verra and Gold Standard provide structured methodologies, inconsistencies remain in how credits are issued, validated, and tracked. These discrepancies lead to buyer uncertainty and complicate cross-border trading and project comparability. Variations in quality, monitoring procedures, and registry compatibility further inhibit investor confidence, often requiring lengthy due diligence and increasing transaction costs. Without unified global standards, the scalability and long-term trust in forestry and land use carbon credits remain constrained.

Key Market Trends

Shift Toward High-Integrity and Co-Benefit-Certified Projects

The market is evolving toward a clear preference for credits that deliver verified carbon reductions alongside social and environmental co-benefits. Buyers are increasingly seeking projects certified under robust standards like Verra's Climate, Community & Biodiversity (CCB) and the Gold Standard, which emphasize transparency, biodiversity protection, community involvement, and sustainable development. This trend is giving rise to a premium segment within the market, where credits that align with ESG principles and contribute to multiple UN Sustainable Development Goals command higher prices. Project developers are adapting accordingly, embedding elements like indigenous rights, gender inclusion, and habitat conservation into project design to meet rising buyer expectations and regulatory scrutiny.

Key Market Players

South Pole
The Nature Conservancy
Wildlife Works
BioCarbon Partners
InfiniteEARTH
Verra
Climate Focus
Terra Global Capital
Finite Carbon
GreenCollar

Report Scope:

In this report, the Global Forestry and Land Use Carbon Credit Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Forestry and Land Use Carbon Credit Market, By Project Type:

Afforestation
Avoided Deforestation
Agroforestry
Soil Carbon Sequestration
Others

Forestry and Land Use Carbon Credit Market, By Credit Type:

Verified Carbon Units
Certified Emission Reductions
Gold Standard Credits
Others

Forestry and Land Use Carbon Credit Market, By End-User:

Energy & Utilities
Manufacturing
Transport & Logistics
Agriculture
Others

Forestry and Land Use Carbon Credit Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
South America
- Brazil
- Argentina
- Colombia
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Forestry and Land Use Carbon Credit Market.

Available Customizations:

Global Forestry and Land Use Carbon Credit Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Forestry and Land Use Carbon Credit Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Project Type (Afforestation, Avoided Deforestation, Agroforestry, Soil Carbon Sequestration, Others)
- 5.2.2. By Credit Type (Verified Carbon Units, Certified Emission Reductions, Gold Standard Credits, Others)
- 5.2.3. By End-User (Energy & Utilities, Manufacturing, Transport & Logistics, Agriculture, Others)
- 5.2.4. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. North America Forestry and Land Use Carbon Credit Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Project Type
- 6.2.2. By Credit Type
- 6.2.3. By End-User
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Forestry and Land Use Carbon Credit Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Project Type
    - 6.3.1.2.2. By Credit Type
    - 6.3.1.2.3. By End-User
- 6.3.2. Canada Forestry and Land Use Carbon Credit Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Project Type
    - 6.3.2.2.2. By Credit Type
    - 6.3.2.2.3. By End-User
- 6.3.3. Mexico Forestry and Land Use Carbon Credit Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Project Type
    - 6.3.3.2.2. By Credit Type
    - 6.3.3.2.3. By End-User

7. Europe Forestry and Land Use Carbon Credit Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Project Type
- 7.2.2. By Credit Type
- 7.2.3. By End-User
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Forestry and Land Use Carbon Credit Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Project Type
    - 7.3.1.2.2. By Credit Type
    - 7.3.1.2.3. By End-User
- 7.3.2. France Forestry and Land Use Carbon Credit Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Project Type
    - 7.3.2.2.2. By Credit Type
    - 7.3.2.2.3. By End-User
- 7.3.3. United Kingdom Forestry and Land Use Carbon Credit Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Project Type
    - 7.3.3.2.2. By Credit Type
    - 7.3.3.2.3. By End-User
- 7.3.4. Italy Forestry and Land Use Carbon Credit Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Project Type
    - 7.3.4.2.2. By Credit Type
    - 7.3.4.2.3. By End-User
- 7.3.5. Spain Forestry and Land Use Carbon Credit Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Project Type
    - 7.3.5.2.2. By Credit Type
    - 7.3.5.2.3. By End-User

8. Asia Pacific Forestry and Land Use Carbon Credit Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Project Type
- 8.2.2. By Credit Type
- 8.2.3. By End-User
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Forestry and Land Use Carbon Credit Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Project Type
    - 8.3.1.2.2. By Credit Type
    - 8.3.1.2.3. By End-User
- 8.3.2. India Forestry and Land Use Carbon Credit Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Project Type
    - 8.3.2.2.2. By Credit Type
    - 8.3.2.2.3. By End-User
- 8.3.3. Japan Forestry and Land Use Carbon Credit Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Project Type
    - 8.3.3.2.2. By Credit Type
    - 8.3.3.2.3. By End-User
- 8.3.4. South Korea Forestry and Land Use Carbon Credit Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Project Type
    - 8.3.4.2.2. By Credit Type
    - 8.3.4.2.3. By End-User
- 8.3.5. Australia Forestry and Land Use Carbon Credit Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Project Type
    - 8.3.5.2.2. By Credit Type
    - 8.3.5.2.3. By End-User

9. Middle East & Africa Forestry and Land Use Carbon Credit Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Project Type
- 9.2.2. By Credit Type
- 9.2.3. By End-User
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Forestry and Land Use Carbon Credit Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Project Type
    - 9.3.1.2.2. By Credit Type
    - 9.3.1.2.3. By End-User
- 9.3.2. UAE Forestry and Land Use Carbon Credit Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Project Type
    - 9.3.2.2.2. By Credit Type
    - 9.3.2.2.3. By End-User
- 9.3.3. South Africa Forestry and Land Use Carbon Credit Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Project Type
    - 9.3.3.2.2. By Credit Type
    - 9.3.3.2.3. By End-User

10. South America Forestry and Land Use Carbon Credit Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Project Type
- 10.2.2. By Credit Type
- 10.2.3. By End-User
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Forestry and Land Use Carbon Credit Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Project Type
    - 10.3.1.2.2. By Credit Type
    - 10.3.1.2.3. By End-User
- 10.3.2. Colombia Forestry and Land Use Carbon Credit Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Project Type
    - 10.3.2.2.2. By Credit Type
    - 10.3.2.2.3. By End-User
- 10.3.3. Argentina Forestry and Land Use Carbon Credit Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Project Type
    - 10.3.3.2.2. By Credit Type
    - 10.3.3.2.3. By End-User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. South Pole
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
13.2. The Nature Conservancy
13.3. Wildlife Works
13.4. BioCarbon Partners
13.5. InfiniteEARTH
13.6. Verra
13.7. Climate Focus
13.8. Terra Global Capital
13.9. Finite Carbon
13.10. GreenCollar