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Carbon Credit Trading Platform Market Update Report 2024 | Industry Trends, Demand, Leading Companies and Segmentation till 2032

11-28-2024 11:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Carbon Credit Trading Platform Market Update Report 2024 |

Carbon credit trading platform market is anticipated to grow at a significant CAGR of 15.4% during the forecast period (2024-2031). Carbon credit trading platforms are used by various industries aiming to reduce greenhouse gas emissions, enabling the trading of emission units (carbon credits), which are certificates representing emission reductions. Trading enables entities to reduce emissions at a lower cost and to be paid to do so by higher-cost emitters. Carbon credits are allotted to organizations based on government norms, wherein a single credit represents one ton of CO2e (or carbon dioxide equivalent) that the company is allowed to emit which can be traded to other companies as per carbon emission requirement.

Get Free Sample link @ https://www.omrglobal.com/request-sample/carbon-credit-trading-platform-market

Since the 2015 Paris Agreement, market-based measures for carbon reduction have grown quickly, wherein, governments are using carbon tradingas a tactic to reduce emissions and compensate for excess carbon emissions caused by important industries. As per the United Nations Development Programme (UNDP) in 2023, 73 national and subnational jurisdictions account for 11.6billion tons of CO2e emissions, or around 23.0% of global greenhouse gas emissions, the EU, the UK, Sweden, and China are among them. Further, cap-and-trade schemes are one of the alternatives designed to create economic incentives for nations and companies to lessen their impact on the environment. For instance, in June 2021, China launched a national carbon Emissions Trading Scheme (ETS), expected to be the world's largest carbon market, to curb climate change effects and to achieve the country's goals of reaching peak emissions by 2030 and net zero emissions by 2060.

full report of Carbon Credit Trading Platform Market available @ https://www.omrglobal.com/industry-reports/carbon-credit-trading-platform-market

Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Global Carbon Credit Trading Platform Market Report Segment 

By Type 

Voluntary
Compliance / Regulated

By System Type

Cap and Trade
Baseline and Credit

By End-User

Industrial
Utilities
Energy
Petrochemical
Aviation
Others

Global Carbon Credit Trading Platform Market Report Segment by Region 

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

The Report Covers

Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global carbon credit trading platform market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/carbon-credit-trading-platform-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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