Carbon Credit Trading Platform Market Trends Segment Analysis and Future Scope

1. Carbon Credit Trading Platform Market was Led by Europe 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The carbon credit trading platform market is USD 64.3 billion in 2023, and it will reach USD 362.8 billion by 2030, advancing at a rate of 29.2% by the end of this decade. The industry is powered by by the mushrooming GHG emissions, increasing count of corporations announcing net-zero commitments, and supplementing count of carbon offset programs. Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/carbon- credit-trading-platform-market/report-sample The cap-and-trade category had the larger share of over 66% in 2023. It is a system that creates a "cap" on maximum emissions to decrease aggregate emissions from a group of emitters. Furthermore, it is mentioned to be a market-based method to lower total pollutant emissions and endorse corporate investment in fossil fuel alternates and energy competence. A characteristic program starts by setting a "cap" on the whole amount of contaminants that can be released. The government grants the authority to produce contaminants through emissions documents by founding a supreme limit on emissions. An emissions allowance is a license to release pollutants; the cap places a limitation on the overall count of allowances. These payments become a price signal for the price of emitting when companies purchase and vend them because they are bankable, tradable, and rare. The voluntary category will grow faster with a rate of over 30.3% in the years to come. The voluntary carbon market is growing and becoming further substantial in terms of controlling global warming. A market that could support businesses' efforts to decrease their own emissions is developing, as corporate leaders make more ambitious commitments to decrease GHG emissions. The industrial sector dominated the carbon credit trading platform market, of about 38%, in 2023. While creating goods important to the modern way of life, heavy industry also contributes around 40% of the world's CO2 emissions. The three major carbon-emitting sectors are chemicals, cement and steel which are also amongst the hardest to decarbonize because of both tech and economic factors. Tech factors comprise the necessity for process emissions of CO2, along with long asset lives, low- profit margins, capital intensity, and trade exposure. The necessity for carbon credit trading platforms 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. is driven by businesses' concentration on executing decarbonization initiatives for combating climate change. Browse the full report at: https://www.psmarketresearch.com/market-analysis/carbon-credit- trading-platform-market Europe led held the industry with a share, of 34%, in 2023. The ETS is a pillar of the EU's climate change strategy and its main strategy for lowering GHG emissions in an effective and lucrative manner. It was the first substantial carbon market in the world and will remain the largest in the future as well. The growing GHG emissions all over the world has a lot to do with the increasing carbon credit platform demand. And, this trend will also continue in the years to come as well. The research offers the size of the global carbon credit trading platform market for the period 2017–2030. Market Segmentation by Type •Voluntary •Regulated Market Segmentation by System Type •Cap and Trade •Baseline and Credit Market Segmentation by End Use •Industrial •Utilities •Energy •Petrochemical •Aviation Market Segmentation by Region •North America Carbon Credit Trading Platform Market oBy type oBy system type 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. oBy end use oBy country – U.S. and Canada •Europe Carbon Credit Trading Platform Market oBy type oBy system type oBy end use oBy country – Germany, France, U.K., Italy, Spain, and Rest of Europe •Asia-Pacific (APAC) Carbon Credit Trading Platform Market oBy type oBy system type oBy end use oBy country – Japan, China, India, Australia, South Korea, and Rest of APAC •Latin America (LATAM) Carbon Credit Trading Platform Market oBy type oBy system type oBy end use oBy country – Brazil, Mexico, and Rest of LATAM •Middle East and Africa (MEA) Carbon Credit Trading Platform Market oBy type oBy system type oBy end use oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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