カーボンオフセット/カーボンクレジット市場:タイプ別(ボランタリー市場、コンプライアンス市場)、プロジェクトタイプ別(回避/削減プロジェクト、除去/隔離プロジェクト(自然ベース、技術ベース))、エンドユーザー、地域 - 2028年までの世界予測Carbon Offset/Carbon Credit Market by Type (Voluntary Market, Compliance Market), Project Type (Avoidance/Reduction Projects, Removal/Sequestration Projects (Nature-based, Technology-based)), End-User and Region - Global Forecast to 2028 世界のカーボンオフセット/カーボンクレジット市場は、2023年の4,148億米ドルから2028年には1兆6,027億米ドルに成長すると推定され、予測期間中のCAGRは31.0%を記録すると予測されています。炭素回収技術やソリュ... もっと見る
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サマリー世界のカーボンオフセット/カーボンクレジット市場は、2023年の4,148億米ドルから2028年には1兆6,027億米ドルに成長すると推定され、予測期間中のCAGRは31.0%を記録すると予測されています。炭素回収技術やソリューションへの投資の増加、地域社会への貢献や社会的インパクトをもたらすプロジェクトの増加などが、市場を牽引すると予想されます。"EU ETSカーボンオフセット/カーボンクレジットコンプライアンス市場の最大セグメント、タイプ別 " カーボンオフセット/カーボンクレジット市場は、タイプ別に、ボランタリー市場とコンプライアンス市場に分類される。一方、コンプライアンス市場は、EU ETS(Emission Trading Scheme)、カリフォルニア州キャップ&トレード、その他に細分化されている。EU ETSは、一定量しか排出できないキャップ・アンド・トレード方式で、ETSの炭素クレジットに相当する排出枠(EUA)を組織間で取引することができる。 "プロジェクトの種類に基づくと、回避/除去プロジェクト分野が最大のセグメントとして浮上すると予想される" 回避オフセットとは、大気への放出を防ぐことで排出量を削減する活動から生じるオフセットです。直接的な炭素削減対策による炭素回避は、カーボンフットプリントを直接的に削減します。カーボンオフセットや直接的な炭素削減対策による炭素回避は、大気環境の改善、生態系の保護、気候変動緩和の一助となる。炭素回避の効果は、プロジェクトの種類と実行の信頼性に依存します。直接的な炭素削減策による炭素回避は、排出源を削減するため効果的である。 "エンドユーザー別では、輸送分野が予測期間中に最も急速に成長する市場となる見込みです。" エンドユーザー別では、輸送分野が予測期間中に最も急成長すると予想されています。輸送機関の排出量を削減することは、世界のいくつかの政府にとって優先事項です。輸送によるCO2排出量では、自動車が圧倒的に大きな割合を占めています。個人所有の自動車と商業用トラックは、他の多くの輸送手段よりも、乗用車1マイルまたはトンマイルあたりのCO2排出量が平均して多くなっています。したがって、この市場は予測期間中に大きく成長すると予想されます。 欧州は、カーボンオフセット/カーボンクレジット市場で2番目に急成長する地域と予想される 欧州は、予測期間中、カーボンオフセット/カーボンクレジット市場において2番目に速い速度で成長する地域であると予想される。欧州の市場成長は、同地域におけるグリーンテクノロジーへの投資の増加により、脱炭素化への関心が高まっていることに起因していると考えられます。また、ノルウェー、アイスランド、アイルランド、スイス、スウェーデン、デンマークなどの国々では、カーボンフリーワールドなどの公約が、欧州のカーボンオフセット/カーボンクレジット市場の推進力として機能しています。 プライマリーの内訳 主要な業界関係者、専門家、主要な市場関係者のCレベル幹部、業界コンサルタントなどの専門家に詳細なインタビューを行い、重要な定性的・定量的情報の入手と検証、および将来の市場展望を評価しました。一次インタビューの分布は以下の通りです: 企業タイプ別ティア1- 40%、ティア2- 35%、ティア3- 25 デザイン別:Cレベル-35%、ディレクターレベル-25%、その他-40%。 地域別北米10%、アジア太平洋60%、欧州15%、RoW15%。 注)その他には、プロダクトエンジニア、プロダクトスペシャリスト、エンジニアリングリードが含まれます。 注)企業の階層は、2021年時点の総収益に基づいて定義されています。ティア1:>10億米ドル、ティア2:5億米ドルから10億米ドル、ティア3:<5億米ドル カーボンオフセット/カーボンクレジット市場は、幅広い地域で存在感を示す少数の主要プレーヤーが支配的である。カーボンオフセット/カーボンクレジット市場の主要プレーヤーは、South Pole Group(スイス)、3Degrees(米国)、Finite Carbon(米国)、EKI Energy Services Ltd. (インド)、NativeEnergy(米国)です。(インド)、NativeEnergy(米国)です。 調査範囲 本レポートでは、世界のカーボンオフセット/カーボンクレジット市場を、タイプ、プロジェクトタイプ、エンドユーザー、地域別に定義、説明、予測しています。また、市場の質的・量的な詳細な分析も行っています。主な市場促進要因、阻害要因、機会、課題などを包括的にレビューしています。また、市場の様々な重要な側面もカバーしています。これらには、カーボンオフセット/カーボンクレジット市場の競争環境、市場力学、金額ベースの市場推定、将来動向の分析が含まれます。 本レポートを購入する主なメリット - 気候変動に対処するための炭素排出削減戦略の採用率や脱炭素化イニシアチブの実行率が高いことが、カーボンオフセット/カーボンクレジット市場の主要なドライバーとなっている。 - 製品開発/イノベーション:新しいプロジェクトが開発され、これらのプロジェクトが気候、社会、生物多様性など複数の利益を生み出すのに役立つため、企業は単一のプロジェクトとは別に、異なるプロジェクトの束に投資することができるようになった。 - 市場の発展:気候変動に対応し、ネットゼロ目標を達成するために二酸化炭素排出量を削減しようとする企業の強い意志により、高品質のカーボンオフセットに対する需要は全体的に高い。プロジェクト開発者は、様々な活動からカーボンクレジットを創出し、収益化しているが、その多くは森林保全や植林といった自然ベースのソリューションである。また、直接空気捕捉(DAC)、炭素回収・貯留(CCS)、炭素回収・貯留付きバイオエネルギー(BECCS)などの除去技術から得られるオフセット・クレジットへの関心が高まっている。 - 市場の多様化:サウスポールグループは、各事業の温室効果ガス排出量を削減することを意味する気候変動対策を実現するためのソリューションを開発しました。各社は、二酸化炭素排出量の計算、補償、削減に取り組んでいます。 - 競争力のある評価:サウスポール・グループ(スイス)、3Degrees(米国)、Finite Carbon(米国)、EKI Energy Services Ltd.(インド)、NativeEner(米国)など、主要企業の市場シェア、成長戦略、サービス内容を詳細に分析。(インド)、NativeEnergy(米国)など、カーボンオフセット/カーボンクレジット市場における主要企業のシェアや成長戦略、サービス内容を詳細に評価します。 目次1 INTRODUCTION 241.1 STUDY OBJECTIVES 24 1.2 MARKET DEFINITION 24 1.3 INCLUSIONS AND EXCLUSIONS 25 TABLE 1 CARBON OFFSETS MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 25 TABLE 2 CARBON OFFSETS MARKET, BY PROJECT TYPE: INCLUSIONS AND EXCLUSIONS 25 TABLE 3 CARBON OFFSETS MARKET, BY END-USER: INCLUSIONS AND EXCLUSIONS 25 TABLE 4 CARBON OFFSETS MARKET, BY REGION: INCLUSIONS AND EXCLUSIONS 26 1.4 STUDY SCOPE 26 1.4.1 CARBON OFFSETS MARKET SEGMENTATION 26 1.4.2 GEOGRAPHIC SCOPE 27 1.5 YEARS CONSIDERED 27 1.6 CURRENCY CONSIDERED 28 1.7 LIMITATIONS 28 1.8 STAKEHOLDERS 28 1.9 RECESSION IMPACT 28 2 RESEARCH METHODOLOGY 29 2.1 RESEARCH DATA 29 FIGURE 1 CARBON OFFSETS MARKET: RESEARCH DESIGN 29 2.2 DATA TRIANGULATION 30 FIGURE 2 DATA TRIANGULATION 30 2.2.1 SECONDARY DATA 31 2.2.1.1 Key data from secondary sources 31 2.2.2 PRIMARY DATA 31 2.2.2.1 Breakdown of primaries 32 2.2.2.2 Key data from primary sources 32 FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 33 FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR CARBON OFFSETS 33 2.3 MARKET SIZE ESTIMATION 34 2.3.1 BOTTOM-UP APPROACH 34 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 34 2.3.2 TOP-DOWN APPROACH 35 FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 35 2.3.3 DEMAND-SIDE ANALYSIS 36 2.3.3.1 Regional analysis 36 2.3.3.2 Country analysis 36 2.3.3.3 Demand-side assumptions 37 2.3.3.4 Demand-side calculations 37 2.3.4 FORECAST 37 2.3.5 IMPACT OF RECESSION 37 3 EXECUTIVE SUMMARY 38 TABLE 5 CARBON OFFSETS MARKET SNAPSHOT 38 FIGURE 7 EUROPE DOMINATED CARBON OFFSETS MARKET, IN TERMS OF SHARE, IN 2022 39 FIGURE 8 COMPLIANCE MARKET TO HOLD LARGER SHARE OF CARBON OFFSETS MARKET, BY TYPE, FROM 2023 TO 2028 40 FIGURE 9 AVOIDANCE/REDUCTION PROJECTS TO HOLD LARGER MARKET SHARE, BY PROJECT TYPE, THROUGHOUT FORECAST PERIOD 40 FIGURE 10 POWER SEGMENT TO HOLD LARGEST SHARE OF CARBON OFFSETS MARKET, BY END-USER, THROUGHOUT FORECAST PERIOD 41 4 PREMIUM INSIGHTS 42 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN CARBON OFFSETS MARKET 42 FIGURE 11 INCREASING FOCUS ON NET-ZERO TARGETS TO DRIVE MARKET FOR CARBON OFFSETS BETWEEN 2023 AND 2028 42 4.2 CARBON OFFSETS MARKET, BY REGION 43 FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN CARBON OFFSETS MARKET DURING FORECAST PERIOD 43 4.3 EUROPE: CARBON OFFSETS MARKET, BY TYPE AND COUNTRY, 2022 44 FIGURE 13 COMPLIANCE MARKET AND GERMANY TO BE LARGEST SHAREHOLDERS IN EUROPEAN MARKET IN 2022 44 4.4 CARBON OFFSETS MARKET, BY TYPE 44 FIGURE 14 COMPLIANCE MARKET TO ACCOUNT FOR LARGER SHARE IN CARBON OFFSETS MARKET IN 2028 44 4.5 CARBON OFFSETS MARKET, BY PROJECT TYPE 45 FIGURE 15 AVOIDANCE/REDUCTION PROJECTS TO ACCOUNT FOR LARGER MARKET SHARE THAN REMOVAL/SEQUESTRATION PROJECTS IN 2028 45 4.6 CARBON OFFSETS MARKET, BY END-USER 45 FIGURE 16 POWER SEGMENT TO DOMINATE CARBON OFFSETS MARKET, BY END-USER, IN 2028 45 5 MARKET OVERVIEW 46 5.1 INTRODUCTION 46 5.2 MARKET DYNAMICS 47 FIGURE 17 MARKET DYNAMICS FOR CARBON OFFSETS MARKET 47 5.2.1 DRIVERS 47 5.2.1.1 Growing need to reduce global warming and carbon emissions 47 FIGURE 18 GLOBAL ENERGY-RELATED CO2 EMISSIONS, 2010 TO 2021 48 5.2.1.2 Rise in partial use of carbon credits by companies 48 FIGURE 19 ANNUAL INVESTMENTS IN CLEAN ENERGY, ENERGY EFFICIENCY, AND INFRASTRUCTURE PROJECTS (USD BILLION) 48 5.2.1.3 Increasing investments in carbon capture technologies 49 TABLE 6 SELECTED INVESTMENTS IN CARBON FOOTPRINT 49 5.2.2 RESTRAINTS 50 5.2.2.1 Restoration of carbon emissions from one location to another 50 5.2.3 OPPORTUNITIES 50 5.2.3.1 Increasing number of regulatory requirements and industry association standards 50 TABLE 7 STATUS AND SECTORS COVERED IN EMISSION TRADING SCHEMES WORLDWIDE, 2021 51 TABLE 8 CREDITS ISSUED, REGISTERED ACTIVITIES, AVERAGE 2021 PRICE, COVERED BY CREDITING MECHANISMS 53 5.2.3.2 Rising financial support to local communities 54 5.2.4 CHALLENGES 55 5.2.4.1 Fluctuating prices of carbon credits 55 FIGURE 20 GLOBAL CARBON MARKET ANNUAL TRADING VALUE, 2012–2021 (USD BILLION) 55 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 56 5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CARBON OFFSET/CREDIT PROVIDERS 56 FIGURE 21 REVENUE SHIFT FOR CARBON OFFSET PROVIDERS 57 5.4 TECHNOLOGY ANALYSIS 57 5.4.1 BLOCKCHAIN-LED PROJECT INITIATIVES 57 5.5 MARKET MAP 58 FIGURE 22 MARKET MAP: CARBON OFFSETS MARKET 58 TABLE 9 CARBON OFFSETS MARKET: ROLE OF COMPANIES IN ECOSYSTEM 58 5.6 VALUE CHAIN ANALYSIS 60 FIGURE 23 CARBON OFFSETS MARKET: VALUE CHAIN ANALYSIS 60 5.6.1 OFFSET PRODUCERS 61 5.6.2 PROJECT DEVELOPERS/THIRD-PARTY ORGANIZATIONS 61 5.6.3 BROKERS/EXCHANGE PARTNERS 61 5.6.4 END-USERS/CARBON EMITTERS 61 5.7 PRICING ANALYSIS 61 5.7.1 AVERAGE SELLING PRICE OF CARBON CREDITS, BY TYPE 61 TABLE 10 AVERAGE SELLING PRICE OF CARBON CREDITS, 2021 (USD/TON) 61 TABLE 11 REGION-WISE AVERAGE SELLING PRICE RANGE OF CARBON CREDITS, BY TYPE, 2021 (USD/TON) 62 FIGURE 24 AVERAGE SELLING PRICE OF CARBON CREDIT TYPES, BY REGION 62 5.8 KEY CONFERENCES AND EVENTS, 2023–2024 62 TABLE 12 CARBON OFFSETS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 62 5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64 TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64 TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65 TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66 TABLE 16 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68 5.8.2 CODES AND REGULATIONS RELATED TO CARBON OFFSETS MARKET 68 TABLE 17 CARBON OFFSETS MARKET: CODES AND REGULATIONS 68 5.8.3 STANDARDS RELATED TO CARBON OFFSETS 69 TABLE 18 CARBON OFFSETS MARKET: STANDARDS 69 5.9 INNOVATIONS AND PATENT REGISTRATIONS 71 TABLE 19 CARBON OFFSETS MARKET: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2020–DECEMBER 2021 71 5.10 PORTER’S FIVE FORCES ANALYSIS 72 FIGURE 25 CARBON OFFSETS MARKET: PORTER’S FIVE FORCES ANALYSIS 72 TABLE 20 CARBON OFFSETS MARKET: PORTER’S FIVE FORCES ANALYSIS 72 5.10.1 THREAT OF SUBSTITUTES 73 5.10.2 BARGAINING POWER OF SUPPLIERS 73 5.10.3 BARGAINING POWER OF BUYERS 73 5.10.4 THREAT OF NEW ENTRANTS 73 5.10.5 INTENSITY OF COMPETITIVE RIVALRY 73 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 74 5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 74 FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS 74 TABLE 21 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS 74 5.12 BUYING CRITERIA 74 FIGURE 27 KEY BUYING CRITERIA FOR TOP 3 END-USERS 74 TABLE 22 KEY BUYING CRITERIA FOR TOP 3 END-USERS 75 5.13 CASE STUDY ANALYSIS 75 5.13.1 BANCO SABADELL TO MOVE FORWARD WITH CARBON OFFSETTING WITH CLIMATE TRADE 75 5.13.1.1 Problem statement: 2021 75 5.13.1.2 Solution 75 5.13.2 BEN & JERRY’S OFFSET PROVIDES SEED FUNDING FOR MORE SUSTAINABLE AGRICULTURE 76 5.13.2.1 Problem statement: 2021 76 5.13.2.2 Solution 76 5.13.3 VOLKSWAGEN’S COMMITMENT TO ACHIEVING CLIMATE TARGETS 76 5.13.3.1 Problem statement: 2021 76 5.13.3.2 Solution 76 6 CARBON OFFSETS MARKET, BY TYPE 77 6.1 INTRODUCTION 78 FIGURE 28 CARBON OFFSETS MARKET, BY TYPE, 2022 78 FIGURE 29 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY TYPE, 2022 78 FIGURE 30 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY TYPE, 2022 79 TABLE 23 CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 79 TABLE 24 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 79 TABLE 25 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 80 6.2 VOLUNTARY MARKET 80 6.2.1 REDUCING TRANSPARENCY ISSUES TO PROPEL DEMAND FOR CARBON OFFSETTING 80 TABLE 26 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 81 TABLE 27 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 81 6.2.2 FORESTRY AND LAND USE 81 6.2.3 RENEWABLE ENERGY 82 6.2.4 CHEMICAL PROCESSES/INDUSTRIAL MANUFACTURING 82 6.2.5 ENERGY EFFICIENCY/FUEL SWITCHING 82 6.2.6 OTHERS 82 6.3 COMPLIANCE MARKET 83 6.3.1 INCREASING GOVERNMENT REGULATIONS TO ENCOURAGE MARKET GROWTH 83 TABLE 28 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 83 TABLE 29 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 83 6.3.2 EU ETS 84 6.3.3 CALIFORNIA CAP AND TRADE 84 6.3.4 OTHERS 84 7 CARBON OFFSETS MARKET, BY PROJECT TYPE 86 7.1 INTRODUCTION 87 FIGURE 31 CARBON OFFSETS MARKET, BY PROJECT TYPE, 2022 87 TABLE 30 CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 87 TABLE 31 REMOVAL/SEQUESTRATION PROJECTS: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 88 7.2 AVOIDANCE/REDUCTION PROJECTS 88 7.2.1 RISING NEED TO PROTECT ECOSYSTEMS AND BIODIVERSITY TO DRIVE MARKET 88 TABLE 32 AVOIDANCE/REDUCTION PROJECTS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 88 7.3 REMOVAL/SEQUESTRATION PROJECTS 89 7.3.1 GROWING NET ZERO TARGETS TO BOOST MARKET 89 TABLE 33 REMOVAL/SEQUESTRATION PROJECTS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 89 7.3.2 NATURE-BASED 89 TABLE 34 NATURE-BASED: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 90 7.3.3 TECHNOLOGY-BASED 90 TABLE 35 TECHNOLOGY-BASED: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 90 8 CARBON OFFSETS MARKET, BY END-USER 91 8.1 INTRODUCTION 92 FIGURE 32 CARBON OFFSETS MARKET, BY END-USER, 2022 92 TABLE 36 CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 92 8.2 POWER 93 8.2.1 EXECUTION OF DECARBONIZATION INITIATIVES TO TACKLE CLIMATE CHANGE TO BOOST MARKET 93 TABLE 37 POWER: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 93 8.3 ENERGY 93 8.3.1 COMMITMENT TO NET-ZERO CARBON EMISSIONS BY 2050 TO CREATE OPPORTUNITIES FOR VOLUNTARY CARBON CREDITS 93 TABLE 38 ENERGY: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 94 8.4 AVIATION 94 8.4.1 IATA’S COMMITMENT TO ACHIEVE NET ZERO EMISSIONS BY 2050 TO ENCOURAGE AIRLINES TO ADOPT CARBON CREDIT TRADING PLATFORM 94 TABLE 39 AVIATION: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 95 8.5 TRANSPORTATION 95 8.5.1 HIGH RATE OF ADOPTION OF CARBON EMISSION REDUCTION STRATEGIES TO DRIVE MARKET 95 TABLE 40 TRANSPORTATION: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 96 8.6 BUILDINGS 96 8.6.1 INCREASING INVESTMENTS IN ENERGY EFFICIENCY TO ACCELERATE MARKET GROWTH 96 TABLE 41 BUILDINGS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 96 8.7 INDUSTRIAL 97 8.7.1 INCENTIVIZING GLOBAL ACTION OF REDUCING CARBON EMISSIONS TO FUEL MARKET 97 TABLE 42 INDUSTRIAL: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 97 8.8 OTHERS 97 TABLE 43 OTHERS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 98 9 CARBON OFFSETS MARKET, BY REGION 99 9.1 INTRODUCTION 100 FIGURE 33 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN CARBON OFFSETS MARKET DURING FORECAST PERIOD 100 FIGURE 34 CARBON OFFSETS MARKET, BY REGION, 2022 (%) 100 TABLE 44 CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 101 TABLE 45 CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 101 9.2 EUROPE 101 9.2.1 RECESSION IMPACT ON EUROPE 102 FIGURE 35 SNAPSHOT: CARBON OFFSETS MARKET IN EUROPE 102 9.2.2 BY TYPE 103 TABLE 46 EUROPE: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 103 TABLE 47 EUROPE: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 103 9.2.3 BY PROJECT TYPE 103 TABLE 48 EUROPE: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 103 TABLE 49 EUROPE: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 103 9.2.4 BY END-USER 104 TABLE 50 EUROPE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 104 9.2.5 BY COUNTRY 104 TABLE 51 EUROPE: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 104 9.2.5.1 Germany 104 9.2.5.1.1 Germany’s commitment to ambitious climate protection targets to drive market 104 TABLE 52 GERMANY: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 105 9.2.5.2 UK 105 9.2.5.2.1 UK Emission Trading Scheme to incentivize decarbonization to boost market 105 TABLE 53 UK: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 106 9.2.5.3 France 106 9.2.5.3.1 Carbon farming practices to fuel market 106 TABLE 54 FRANCE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 107 9.2.5.4 Spain 107 9.2.5.4.1 Emissions from large and complex refining industry to propel market 107 TABLE 55 SPAIN: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 108 9.2.5.5 Rest of Europe 108 TABLE 56 REST OF EUROPE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 109 9.3 ASIA PACIFIC 109 9.3.1 RECESSION IMPACT ON ASIA PACIFIC 109 FIGURE 36 SNAPSHOT: CARBON OFFSETS MARKET IN ASIA PACIFIC 110 9.3.2 BY TYPE 110 TABLE 57 ASIA PACIFIC: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 110 TABLE 58 ASIA PACIFIC: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 111 9.3.3 BY PROJECT TYPE 111 TABLE 59 ASIA PACIFIC: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 111 TABLE 60 ASIA PACIFIC: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 111 9.3.4 BY END-USER 111 TABLE 61 ASIA PACIFIC: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 111 9.3.5 BY COUNTRY 112 TABLE 62 ASIA PACIFIC: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 112 9.3.5.1 China 112 9.3.5.1.1 Increasing number of low-carbon strategies to drive market 112 TABLE 63 CHINA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 113 9.3.5.2 Japan 113 9.3.5.2.1 Growing implementation of various schemes to meet climate goals to fuel market 113 TABLE 64 JAPAN: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 114 9.3.5.3 South Korea 114 9.3.5.3.1 Rising number of free allowances to boost market 114 TABLE 65 SOUTH KOREA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 115 9.3.5.4 New Zealand 115 9.3.5.4.1 Growing implementation of NZ ETS to aid in lowering greenhouse gas emissions 115 TABLE 66 NEW ZEALAND: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 115 9.3.5.5 Rest of Asia Pacific 116 TABLE 67 REST OF ASIA PACIFIC: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 116 9.4 NORTH AMERICA 117 9.4.1 RECESSION IMPACT ON NORTH AMERICA 117 9.4.2 BY TYPE 117 TABLE 68 NORTH AMERICA: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 117 TABLE 69 NORTH AMERICA: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 118 9.4.3 BY PROJECT TYPE 118 TABLE 70 NORTH AMERICA: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 118 TABLE 71 NORTH AMERICA: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 118 9.4.4 BY END-USER 119 TABLE 72 NORTH AMERICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 119 9.4.5 BY COUNTRY 119 TABLE 73 NORTH AMERICA: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 119 9.4.5.1 US 119 9.4.5.1.1 Increasing number of net-zero targets to reduce carbon emissions to drive market 119 TABLE 74 US: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 120 9.4.5.2 Canada 120 9.4.5.2.1 Exploring oil and gas industry emissions to boost market 120 TABLE 75 CANADA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 121 9.4.5.3 Mexico 121 9.4.5.3.1 Incentivizing local communities as well as maintaining forests to boost market 121 TABLE 76 MEXICO: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 122 9.5 ROW 122 9.5.1 RECESSION IMPACT ON ROW 122 9.5.2 BY TYPE 123 TABLE 77 ROW: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 123 TABLE 78 ROW: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 123 9.5.3 BY PROJECT TYPE 123 TABLE 79 ROW: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 123 TABLE 80 ROW: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 123 9.5.4 BY END-USER 124 TABLE 81 ROW: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 124 9.5.5 BY REGION 124 TABLE 82 ROW: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 124 9.5.5.1 South America 124 9.5.5.1.1 Rising number of REDD+ projects to drive market 124 TABLE 83 SOUTH AMERICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 125 9.5.5.2 Middle East & Africa 125 9.5.5.2.1 Growing net-zero commitments by countries in MEA to boost market 125 TABLE 84 MIDDLE EAST & AFRICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 126 10 COMPETITIVE LANDSCAPE 127 10.1 STRATEGIES OF KEY PLAYERS 127 TABLE 85 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, AUGUST 2020– DECEMBER 2022 127 10.2 COMPANY EVALUATION QUADRANT 128 10.2.1 STARS 128 10.2.2 PERVASIVE PLAYERS 128 10.2.3 EMERGING LEADERS 129 10.2.4 PARTICIPANTS 129 FIGURE 37 COMPETITIVE LEADERSHIP MAPPING: CARBON OFFSETS MARKET, 2022 129 10.3 START-UP/SME EVALUATION QUADRANT, 2022 130 10.3.1 PROGRESSIVE COMPANIES 130 10.3.2 RESPONSIVE COMPANIES 130 10.3.3 DYNAMIC COMPANIES 130 10.3.4 STARTING BLOCKS 130 FIGURE 38 CARBON OFFSETS MARKET: START-UP/SME EVALUATION QUADRANT, 2022 131 10.4 COMPETITIVE BENCHMARKING 132 TABLE 86 CARBON OFFSETS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 132 TABLE 87 CARBON OFFSETS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (STARTUPS/SMES) 132 10.5 CARBON OFFSETS: COMPANY FOOTPRINT 133 TABLE 88 BY TYPE: COMPANY FOOTPRINT 133 TABLE 89 BY PROJECT TYPE: COMPANY FOOTPRINT 134 TABLE 90 BY END-USER: COMPANY FOOTPRINT 135 TABLE 91 BY REGION: COMPANY FOOTPRINT 136 TABLE 92 COMPANY FOOTPRINT 137 10.6 COMPETITIVE SCENARIO 138 TABLE 93 CARBON OFFSETS MARKET: DEALS, JANUARY 2023–SEPTEMBER 2020 138 TABLE 94 CARBON OFFSETS MARKET: LIST OF KEY PLAYERS OPERATING IN MARKET 142 11 COMPANY PROFILES 144 (Business overview, Products offered, Recent Developments, MNM view)* 11.1 KEY PLAYERS 144 11.1.1 EKI ENERGY SERVICES LTD. 144 TABLE 95 EKI ENERGY SERVICES LTD.: BUSINESS OVERVIEW 144 FIGURE 39 EKI ENERGY SERVICES LTD.: COMPANY SNAPSHOT (2021) 145 TABLE 96 EKI ENERGY SERVICES LTD.: PROJECTS OFFERED 145 TABLE 97 EKI ENERGY SERVICES LTD.: SERVICES OFFERED 146 11.1.2 SOUTH POLE GROUP 148 TABLE 98 SOUTH POLE GROUP: BUSINESS OVERVIEW 148 TABLE 99 SOUTH POLE GROUP: PROJECTS OFFERED 148 TABLE 100 SOUTH POLE: SERVICES OFFERED 149 TABLE 101 SOUTH POLE GROUP: DEALS 149 11.1.3 3DEGREES 152 TABLE 102 3DEGREES: BUSINESS OVERVIEW 152 TABLE 103 3DEGREES: PROJECTS OFFERED 152 TABLE 104 3DEGREES: SOLUTIONS OFFERED 153 TABLE 105 3DEGREES: DEALS 153 11.1.4 FINITE CARBON 155 TABLE 106 FINITE CARBON: BUSINESS OVERVIEW 155 TABLE 107 FINITE CARBON: PROJECTS OFFERED 155 TABLE 108 FINITE CARBON: LAUNCHES 156 TABLE 109 FINITE CARBON: DEALS 156 11.1.5 NATIVE ENERGY 158 TABLE 110 NATIVE ENERGY: BUSINESS OVERVIEW 158 TABLE 111 NATIVE ENERGY: PROJECTS OFFERED 158 TABLE 112 NATIVE ENERGY: SOLUTIONS OFFERED 159 11.1.6 CLIMECO LLC 160 TABLE 113 CLIMECO LLC: BUSINESS OVERVIEW 160 TABLE 114 CLIMECO LLC: SOLUTIONS OFFERED 160 TABLE 115 CLIMECO LLC: DEALS 161 11.1.7 CARBONBETTER 162 TABLE 116 CARBONBETTER: BUSINESS OVERVIEW 162 TABLE 117 CARBONBETTER: PROJECTS OFFERED 162 TABLE 118 CARBONBETTER: SERVICES OFFERED 163 11.1.8 TASMAN ENVIRONMENTAL MARKETS 164 TABLE 119 TASMAN ENVIRONMENTAL MARKETS: BUSINESS OVERVIEW 164 TABLE 120 TASMAN ENVIRONMENTAL MARKETS: PROJECTS OFFERED 164 TABLE 121 TASMAN ENVIRONMENTAL MARKETS: SOLUTIONS/SERVICES OFFERED 165 TABLE 122 TASMAN ENVIRONMENTAL MARKETS: DEALS 165 11.1.9 CARBON CARE ASIA LIMITED 166 TABLE 123 CARBON CARE ASIA LIMITED: BUSINESS OVERVIEW 166 TABLE 124 CARBON CARE ASIA LIMITED: PROJECTS OFFERED 166 11.1.10 MOSS.EARTH 167 TABLE 125 MOSS.EARTH: BUSINESS OVERVIEW 167 TABLE 126 MOSS.EARTH: PROJECTS OFFERED 167 TABLE 127 MOSS.EARTH: SOLUTIONS/SERVICES OFFERED 168 TABLE 128 MOSS.EARTH: DEALS 168 11.1.11 CLIMETREK LTD. 169 TABLE 129 CLIMETREK: BUSINESS OVERVIEW 169 TABLE 130 CLIMETREK: PROJECTS OFFERED 169 TABLE 131 CLIMETREK: SERVICES OFFERED 170 11.1.12 CLIMATEPARTNER GMBH 171 TABLE 132 CLIMATEPARTNER GMBH: BUSINESS OVERVIEW 171 TABLE 133 CLIMATEPARTNER GMBH: PROJECTS OFFERED 171 TABLE 134 CLIMATE PARTNER GMBH: SOLUTIONS/SERVICES OFFERED 172 11.1.13 TERRAPASS 173 TABLE 135 TERRAPASS: BUSINESS OVERVIEW 173 TABLE 136 TERRAPASS: PROJECTS OFFERED 173 TABLE 137 TERRAPASS: SERVICES OFFERED 175 11.1.14 CLIMATE IMPACT PARTNERS 176 TABLE 138 CLIMATE IMPACT PARTNERS: BUSINESS OVERVIEW 176 TABLE 139 CLIMATE IMPACT PARTNERS: PROJECTS OFFERED 176 TABLE 140 CLIMATE IMPACT PARTNERS: SOLUTIONS/SERVICES OFFERED 177 TABLE 141 CLIMATE IMPACT PARTNERS: DEALS 177 11.1.15 CARBON CREDIT CAPITAL 178 TABLE 142 CARBON CREDIT CAPITAL: BUSINESS OVERVIEW 178 TABLE 143 CARBON CREDIT CAPITAL: PROJECTS OFFERED 178 TABLE 144 CARBON CREDIT CAPITAL: SOLUTIONS/SERVICES OFFERED 179 TABLE 145 CARBON CREDIT CAPITAL: DEALS 179 11.1.16 BLUESOURCE LLC 180 11.1.17 CARBONFUND 181 11.1.18 FOREST CARBON 182 11.1.19 CLIMATE TRADE 182 11.1.20 NATUREOFFICE GMBH 183 *Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 12 APPENDIX 184 12.1 INSIGHTS FROM INDUSTRY EXPERTS 184 12.2 DISCUSSION GUIDE 185 12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 188 12.4 CUSTOMIZATION OPTIONS 190 12.5 RELATED REPORTS 190 12.6 AUTHOR DETAILS 191
SummaryThe global carbon offset/carbon credit market is estimated to grow from USD 414.8 Billion in 2023 to USD 1,602.7 Billion by 2028; it is expected to record a CAGR of 31.0% during the forecast period. Increasing investments in carbon capture technologies and solutions along with the rise in projects that are helping communities and creating social impact, is expected to drive the market. Table of Contents1 INTRODUCTION 241.1 STUDY OBJECTIVES 24 1.2 MARKET DEFINITION 24 1.3 INCLUSIONS AND EXCLUSIONS 25 TABLE 1 CARBON OFFSETS MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 25 TABLE 2 CARBON OFFSETS MARKET, BY PROJECT TYPE: INCLUSIONS AND EXCLUSIONS 25 TABLE 3 CARBON OFFSETS MARKET, BY END-USER: INCLUSIONS AND EXCLUSIONS 25 TABLE 4 CARBON OFFSETS MARKET, BY REGION: INCLUSIONS AND EXCLUSIONS 26 1.4 STUDY SCOPE 26 1.4.1 CARBON OFFSETS MARKET SEGMENTATION 26 1.4.2 GEOGRAPHIC SCOPE 27 1.5 YEARS CONSIDERED 27 1.6 CURRENCY CONSIDERED 28 1.7 LIMITATIONS 28 1.8 STAKEHOLDERS 28 1.9 RECESSION IMPACT 28 2 RESEARCH METHODOLOGY 29 2.1 RESEARCH DATA 29 FIGURE 1 CARBON OFFSETS MARKET: RESEARCH DESIGN 29 2.2 DATA TRIANGULATION 30 FIGURE 2 DATA TRIANGULATION 30 2.2.1 SECONDARY DATA 31 2.2.1.1 Key data from secondary sources 31 2.2.2 PRIMARY DATA 31 2.2.2.1 Breakdown of primaries 32 2.2.2.2 Key data from primary sources 32 FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 33 FIGURE 4 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR CARBON OFFSETS 33 2.3 MARKET SIZE ESTIMATION 34 2.3.1 BOTTOM-UP APPROACH 34 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 34 2.3.2 TOP-DOWN APPROACH 35 FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 35 2.3.3 DEMAND-SIDE ANALYSIS 36 2.3.3.1 Regional analysis 36 2.3.3.2 Country analysis 36 2.3.3.3 Demand-side assumptions 37 2.3.3.4 Demand-side calculations 37 2.3.4 FORECAST 37 2.3.5 IMPACT OF RECESSION 37 3 EXECUTIVE SUMMARY 38 TABLE 5 CARBON OFFSETS MARKET SNAPSHOT 38 FIGURE 7 EUROPE DOMINATED CARBON OFFSETS MARKET, IN TERMS OF SHARE, IN 2022 39 FIGURE 8 COMPLIANCE MARKET TO HOLD LARGER SHARE OF CARBON OFFSETS MARKET, BY TYPE, FROM 2023 TO 2028 40 FIGURE 9 AVOIDANCE/REDUCTION PROJECTS TO HOLD LARGER MARKET SHARE, BY PROJECT TYPE, THROUGHOUT FORECAST PERIOD 40 FIGURE 10 POWER SEGMENT TO HOLD LARGEST SHARE OF CARBON OFFSETS MARKET, BY END-USER, THROUGHOUT FORECAST PERIOD 41 4 PREMIUM INSIGHTS 42 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN CARBON OFFSETS MARKET 42 FIGURE 11 INCREASING FOCUS ON NET-ZERO TARGETS TO DRIVE MARKET FOR CARBON OFFSETS BETWEEN 2023 AND 2028 42 4.2 CARBON OFFSETS MARKET, BY REGION 43 FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN CARBON OFFSETS MARKET DURING FORECAST PERIOD 43 4.3 EUROPE: CARBON OFFSETS MARKET, BY TYPE AND COUNTRY, 2022 44 FIGURE 13 COMPLIANCE MARKET AND GERMANY TO BE LARGEST SHAREHOLDERS IN EUROPEAN MARKET IN 2022 44 4.4 CARBON OFFSETS MARKET, BY TYPE 44 FIGURE 14 COMPLIANCE MARKET TO ACCOUNT FOR LARGER SHARE IN CARBON OFFSETS MARKET IN 2028 44 4.5 CARBON OFFSETS MARKET, BY PROJECT TYPE 45 FIGURE 15 AVOIDANCE/REDUCTION PROJECTS TO ACCOUNT FOR LARGER MARKET SHARE THAN REMOVAL/SEQUESTRATION PROJECTS IN 2028 45 4.6 CARBON OFFSETS MARKET, BY END-USER 45 FIGURE 16 POWER SEGMENT TO DOMINATE CARBON OFFSETS MARKET, BY END-USER, IN 2028 45 5 MARKET OVERVIEW 46 5.1 INTRODUCTION 46 5.2 MARKET DYNAMICS 47 FIGURE 17 MARKET DYNAMICS FOR CARBON OFFSETS MARKET 47 5.2.1 DRIVERS 47 5.2.1.1 Growing need to reduce global warming and carbon emissions 47 FIGURE 18 GLOBAL ENERGY-RELATED CO2 EMISSIONS, 2010 TO 2021 48 5.2.1.2 Rise in partial use of carbon credits by companies 48 FIGURE 19 ANNUAL INVESTMENTS IN CLEAN ENERGY, ENERGY EFFICIENCY, AND INFRASTRUCTURE PROJECTS (USD BILLION) 48 5.2.1.3 Increasing investments in carbon capture technologies 49 TABLE 6 SELECTED INVESTMENTS IN CARBON FOOTPRINT 49 5.2.2 RESTRAINTS 50 5.2.2.1 Restoration of carbon emissions from one location to another 50 5.2.3 OPPORTUNITIES 50 5.2.3.1 Increasing number of regulatory requirements and industry association standards 50 TABLE 7 STATUS AND SECTORS COVERED IN EMISSION TRADING SCHEMES WORLDWIDE, 2021 51 TABLE 8 CREDITS ISSUED, REGISTERED ACTIVITIES, AVERAGE 2021 PRICE, COVERED BY CREDITING MECHANISMS 53 5.2.3.2 Rising financial support to local communities 54 5.2.4 CHALLENGES 55 5.2.4.1 Fluctuating prices of carbon credits 55 FIGURE 20 GLOBAL CARBON MARKET ANNUAL TRADING VALUE, 2012–2021 (USD BILLION) 55 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 56 5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR CARBON OFFSET/CREDIT PROVIDERS 56 FIGURE 21 REVENUE SHIFT FOR CARBON OFFSET PROVIDERS 57 5.4 TECHNOLOGY ANALYSIS 57 5.4.1 BLOCKCHAIN-LED PROJECT INITIATIVES 57 5.5 MARKET MAP 58 FIGURE 22 MARKET MAP: CARBON OFFSETS MARKET 58 TABLE 9 CARBON OFFSETS MARKET: ROLE OF COMPANIES IN ECOSYSTEM 58 5.6 VALUE CHAIN ANALYSIS 60 FIGURE 23 CARBON OFFSETS MARKET: VALUE CHAIN ANALYSIS 60 5.6.1 OFFSET PRODUCERS 61 5.6.2 PROJECT DEVELOPERS/THIRD-PARTY ORGANIZATIONS 61 5.6.3 BROKERS/EXCHANGE PARTNERS 61 5.6.4 END-USERS/CARBON EMITTERS 61 5.7 PRICING ANALYSIS 61 5.7.1 AVERAGE SELLING PRICE OF CARBON CREDITS, BY TYPE 61 TABLE 10 AVERAGE SELLING PRICE OF CARBON CREDITS, 2021 (USD/TON) 61 TABLE 11 REGION-WISE AVERAGE SELLING PRICE RANGE OF CARBON CREDITS, BY TYPE, 2021 (USD/TON) 62 FIGURE 24 AVERAGE SELLING PRICE OF CARBON CREDIT TYPES, BY REGION 62 5.8 KEY CONFERENCES AND EVENTS, 2023–2024 62 TABLE 12 CARBON OFFSETS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 62 5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64 TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64 TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65 TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 66 TABLE 16 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 68 5.8.2 CODES AND REGULATIONS RELATED TO CARBON OFFSETS MARKET 68 TABLE 17 CARBON OFFSETS MARKET: CODES AND REGULATIONS 68 5.8.3 STANDARDS RELATED TO CARBON OFFSETS 69 TABLE 18 CARBON OFFSETS MARKET: STANDARDS 69 5.9 INNOVATIONS AND PATENT REGISTRATIONS 71 TABLE 19 CARBON OFFSETS MARKET: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2020–DECEMBER 2021 71 5.10 PORTER’S FIVE FORCES ANALYSIS 72 FIGURE 25 CARBON OFFSETS MARKET: PORTER’S FIVE FORCES ANALYSIS 72 TABLE 20 CARBON OFFSETS MARKET: PORTER’S FIVE FORCES ANALYSIS 72 5.10.1 THREAT OF SUBSTITUTES 73 5.10.2 BARGAINING POWER OF SUPPLIERS 73 5.10.3 BARGAINING POWER OF BUYERS 73 5.10.4 THREAT OF NEW ENTRANTS 73 5.10.5 INTENSITY OF COMPETITIVE RIVALRY 73 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 74 5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 74 FIGURE 26 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS 74 TABLE 21 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USERS 74 5.12 BUYING CRITERIA 74 FIGURE 27 KEY BUYING CRITERIA FOR TOP 3 END-USERS 74 TABLE 22 KEY BUYING CRITERIA FOR TOP 3 END-USERS 75 5.13 CASE STUDY ANALYSIS 75 5.13.1 BANCO SABADELL TO MOVE FORWARD WITH CARBON OFFSETTING WITH CLIMATE TRADE 75 5.13.1.1 Problem statement: 2021 75 5.13.1.2 Solution 75 5.13.2 BEN & JERRY’S OFFSET PROVIDES SEED FUNDING FOR MORE SUSTAINABLE AGRICULTURE 76 5.13.2.1 Problem statement: 2021 76 5.13.2.2 Solution 76 5.13.3 VOLKSWAGEN’S COMMITMENT TO ACHIEVING CLIMATE TARGETS 76 5.13.3.1 Problem statement: 2021 76 5.13.3.2 Solution 76 6 CARBON OFFSETS MARKET, BY TYPE 77 6.1 INTRODUCTION 78 FIGURE 28 CARBON OFFSETS MARKET, BY TYPE, 2022 78 FIGURE 29 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY TYPE, 2022 78 FIGURE 30 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY TYPE, 2022 79 TABLE 23 CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 79 TABLE 24 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 79 TABLE 25 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 80 6.2 VOLUNTARY MARKET 80 6.2.1 REDUCING TRANSPARENCY ISSUES TO PROPEL DEMAND FOR CARBON OFFSETTING 80 TABLE 26 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 81 TABLE 27 VOLUNTARY MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 81 6.2.2 FORESTRY AND LAND USE 81 6.2.3 RENEWABLE ENERGY 82 6.2.4 CHEMICAL PROCESSES/INDUSTRIAL MANUFACTURING 82 6.2.5 ENERGY EFFICIENCY/FUEL SWITCHING 82 6.2.6 OTHERS 82 6.3 COMPLIANCE MARKET 83 6.3.1 INCREASING GOVERNMENT REGULATIONS TO ENCOURAGE MARKET GROWTH 83 TABLE 28 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 83 TABLE 29 COMPLIANCE MARKET: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 83 6.3.2 EU ETS 84 6.3.3 CALIFORNIA CAP AND TRADE 84 6.3.4 OTHERS 84 7 CARBON OFFSETS MARKET, BY PROJECT TYPE 86 7.1 INTRODUCTION 87 FIGURE 31 CARBON OFFSETS MARKET, BY PROJECT TYPE, 2022 87 TABLE 30 CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 87 TABLE 31 REMOVAL/SEQUESTRATION PROJECTS: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 88 7.2 AVOIDANCE/REDUCTION PROJECTS 88 7.2.1 RISING NEED TO PROTECT ECOSYSTEMS AND BIODIVERSITY TO DRIVE MARKET 88 TABLE 32 AVOIDANCE/REDUCTION PROJECTS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 88 7.3 REMOVAL/SEQUESTRATION PROJECTS 89 7.3.1 GROWING NET ZERO TARGETS TO BOOST MARKET 89 TABLE 33 REMOVAL/SEQUESTRATION PROJECTS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 89 7.3.2 NATURE-BASED 89 TABLE 34 NATURE-BASED: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 90 7.3.3 TECHNOLOGY-BASED 90 TABLE 35 TECHNOLOGY-BASED: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 90 8 CARBON OFFSETS MARKET, BY END-USER 91 8.1 INTRODUCTION 92 FIGURE 32 CARBON OFFSETS MARKET, BY END-USER, 2022 92 TABLE 36 CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 92 8.2 POWER 93 8.2.1 EXECUTION OF DECARBONIZATION INITIATIVES TO TACKLE CLIMATE CHANGE TO BOOST MARKET 93 TABLE 37 POWER: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 93 8.3 ENERGY 93 8.3.1 COMMITMENT TO NET-ZERO CARBON EMISSIONS BY 2050 TO CREATE OPPORTUNITIES FOR VOLUNTARY CARBON CREDITS 93 TABLE 38 ENERGY: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 94 8.4 AVIATION 94 8.4.1 IATA’S COMMITMENT TO ACHIEVE NET ZERO EMISSIONS BY 2050 TO ENCOURAGE AIRLINES TO ADOPT CARBON CREDIT TRADING PLATFORM 94 TABLE 39 AVIATION: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 95 8.5 TRANSPORTATION 95 8.5.1 HIGH RATE OF ADOPTION OF CARBON EMISSION REDUCTION STRATEGIES TO DRIVE MARKET 95 TABLE 40 TRANSPORTATION: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 96 8.6 BUILDINGS 96 8.6.1 INCREASING INVESTMENTS IN ENERGY EFFICIENCY TO ACCELERATE MARKET GROWTH 96 TABLE 41 BUILDINGS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 96 8.7 INDUSTRIAL 97 8.7.1 INCENTIVIZING GLOBAL ACTION OF REDUCING CARBON EMISSIONS TO FUEL MARKET 97 TABLE 42 INDUSTRIAL: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 97 8.8 OTHERS 97 TABLE 43 OTHERS: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 98 9 CARBON OFFSETS MARKET, BY REGION 99 9.1 INTRODUCTION 100 FIGURE 33 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN CARBON OFFSETS MARKET DURING FORECAST PERIOD 100 FIGURE 34 CARBON OFFSETS MARKET, BY REGION, 2022 (%) 100 TABLE 44 CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 101 TABLE 45 CARBON OFFSETS MARKET, BY REGION, 2021–2028 (MILLION TONS) 101 9.2 EUROPE 101 9.2.1 RECESSION IMPACT ON EUROPE 102 FIGURE 35 SNAPSHOT: CARBON OFFSETS MARKET IN EUROPE 102 9.2.2 BY TYPE 103 TABLE 46 EUROPE: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 103 TABLE 47 EUROPE: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 103 9.2.3 BY PROJECT TYPE 103 TABLE 48 EUROPE: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 103 TABLE 49 EUROPE: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 103 9.2.4 BY END-USER 104 TABLE 50 EUROPE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 104 9.2.5 BY COUNTRY 104 TABLE 51 EUROPE: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 104 9.2.5.1 Germany 104 9.2.5.1.1 Germany’s commitment to ambitious climate protection targets to drive market 104 TABLE 52 GERMANY: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 105 9.2.5.2 UK 105 9.2.5.2.1 UK Emission Trading Scheme to incentivize decarbonization to boost market 105 TABLE 53 UK: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 106 9.2.5.3 France 106 9.2.5.3.1 Carbon farming practices to fuel market 106 TABLE 54 FRANCE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 107 9.2.5.4 Spain 107 9.2.5.4.1 Emissions from large and complex refining industry to propel market 107 TABLE 55 SPAIN: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 108 9.2.5.5 Rest of Europe 108 TABLE 56 REST OF EUROPE: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 109 9.3 ASIA PACIFIC 109 9.3.1 RECESSION IMPACT ON ASIA PACIFIC 109 FIGURE 36 SNAPSHOT: CARBON OFFSETS MARKET IN ASIA PACIFIC 110 9.3.2 BY TYPE 110 TABLE 57 ASIA PACIFIC: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 110 TABLE 58 ASIA PACIFIC: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 111 9.3.3 BY PROJECT TYPE 111 TABLE 59 ASIA PACIFIC: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 111 TABLE 60 ASIA PACIFIC: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 111 9.3.4 BY END-USER 111 TABLE 61 ASIA PACIFIC: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 111 9.3.5 BY COUNTRY 112 TABLE 62 ASIA PACIFIC: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 112 9.3.5.1 China 112 9.3.5.1.1 Increasing number of low-carbon strategies to drive market 112 TABLE 63 CHINA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 113 9.3.5.2 Japan 113 9.3.5.2.1 Growing implementation of various schemes to meet climate goals to fuel market 113 TABLE 64 JAPAN: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 114 9.3.5.3 South Korea 114 9.3.5.3.1 Rising number of free allowances to boost market 114 TABLE 65 SOUTH KOREA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 115 9.3.5.4 New Zealand 115 9.3.5.4.1 Growing implementation of NZ ETS to aid in lowering greenhouse gas emissions 115 TABLE 66 NEW ZEALAND: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 115 9.3.5.5 Rest of Asia Pacific 116 TABLE 67 REST OF ASIA PACIFIC: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 116 9.4 NORTH AMERICA 117 9.4.1 RECESSION IMPACT ON NORTH AMERICA 117 9.4.2 BY TYPE 117 TABLE 68 NORTH AMERICA: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 117 TABLE 69 NORTH AMERICA: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 118 9.4.3 BY PROJECT TYPE 118 TABLE 70 NORTH AMERICA: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 118 TABLE 71 NORTH AMERICA: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 118 9.4.4 BY END-USER 119 TABLE 72 NORTH AMERICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 119 9.4.5 BY COUNTRY 119 TABLE 73 NORTH AMERICA: CARBON OFFSETS MARKET, BY COUNTRY, 2021–2028 (USD BILLION) 119 9.4.5.1 US 119 9.4.5.1.1 Increasing number of net-zero targets to reduce carbon emissions to drive market 119 TABLE 74 US: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 120 9.4.5.2 Canada 120 9.4.5.2.1 Exploring oil and gas industry emissions to boost market 120 TABLE 75 CANADA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 121 9.4.5.3 Mexico 121 9.4.5.3.1 Incentivizing local communities as well as maintaining forests to boost market 121 TABLE 76 MEXICO: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 122 9.5 ROW 122 9.5.1 RECESSION IMPACT ON ROW 122 9.5.2 BY TYPE 123 TABLE 77 ROW: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (USD BILLION) 123 TABLE 78 ROW: CARBON OFFSETS MARKET, BY TYPE, 2021–2028 (MILLION TONS) 123 9.5.3 BY PROJECT TYPE 123 TABLE 79 ROW: CARBON OFFSETS MARKET, BY PROJECT TYPE, 2021–2028 (USD BILLION) 123 TABLE 80 ROW: CARBON OFFSETS MARKET, BY REMOVAL/SEQUESTRATION PROJECT TYPE, 2021–2028 (USD BILLION) 123 9.5.4 BY END-USER 124 TABLE 81 ROW: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 124 9.5.5 BY REGION 124 TABLE 82 ROW: CARBON OFFSETS MARKET, BY REGION, 2021–2028 (USD BILLION) 124 9.5.5.1 South America 124 9.5.5.1.1 Rising number of REDD+ projects to drive market 124 TABLE 83 SOUTH AMERICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 125 9.5.5.2 Middle East & Africa 125 9.5.5.2.1 Growing net-zero commitments by countries in MEA to boost market 125 TABLE 84 MIDDLE EAST & AFRICA: CARBON OFFSETS MARKET, BY END-USER, 2021–2028 (USD BILLION) 126 10 COMPETITIVE LANDSCAPE 127 10.1 STRATEGIES OF KEY PLAYERS 127 TABLE 85 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, AUGUST 2020– DECEMBER 2022 127 10.2 COMPANY EVALUATION QUADRANT 128 10.2.1 STARS 128 10.2.2 PERVASIVE PLAYERS 128 10.2.3 EMERGING LEADERS 129 10.2.4 PARTICIPANTS 129 FIGURE 37 COMPETITIVE LEADERSHIP MAPPING: CARBON OFFSETS MARKET, 2022 129 10.3 START-UP/SME EVALUATION QUADRANT, 2022 130 10.3.1 PROGRESSIVE COMPANIES 130 10.3.2 RESPONSIVE COMPANIES 130 10.3.3 DYNAMIC COMPANIES 130 10.3.4 STARTING BLOCKS 130 FIGURE 38 CARBON OFFSETS MARKET: START-UP/SME EVALUATION QUADRANT, 2022 131 10.4 COMPETITIVE BENCHMARKING 132 TABLE 86 CARBON OFFSETS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 132 TABLE 87 CARBON OFFSETS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (STARTUPS/SMES) 132 10.5 CARBON OFFSETS: COMPANY FOOTPRINT 133 TABLE 88 BY TYPE: COMPANY FOOTPRINT 133 TABLE 89 BY PROJECT TYPE: COMPANY FOOTPRINT 134 TABLE 90 BY END-USER: COMPANY FOOTPRINT 135 TABLE 91 BY REGION: COMPANY FOOTPRINT 136 TABLE 92 COMPANY FOOTPRINT 137 10.6 COMPETITIVE SCENARIO 138 TABLE 93 CARBON OFFSETS MARKET: DEALS, JANUARY 2023–SEPTEMBER 2020 138 TABLE 94 CARBON OFFSETS MARKET: LIST OF KEY PLAYERS OPERATING IN MARKET 142 11 COMPANY PROFILES 144 (Business overview, Products offered, Recent Developments, MNM view)* 11.1 KEY PLAYERS 144 11.1.1 EKI ENERGY SERVICES LTD. 144 TABLE 95 EKI ENERGY SERVICES LTD.: BUSINESS OVERVIEW 144 FIGURE 39 EKI ENERGY SERVICES LTD.: COMPANY SNAPSHOT (2021) 145 TABLE 96 EKI ENERGY SERVICES LTD.: PROJECTS OFFERED 145 TABLE 97 EKI ENERGY SERVICES LTD.: SERVICES OFFERED 146 11.1.2 SOUTH POLE GROUP 148 TABLE 98 SOUTH POLE GROUP: BUSINESS OVERVIEW 148 TABLE 99 SOUTH POLE GROUP: PROJECTS OFFERED 148 TABLE 100 SOUTH POLE: SERVICES OFFERED 149 TABLE 101 SOUTH POLE GROUP: DEALS 149 11.1.3 3DEGREES 152 TABLE 102 3DEGREES: BUSINESS OVERVIEW 152 TABLE 103 3DEGREES: PROJECTS OFFERED 152 TABLE 104 3DEGREES: SOLUTIONS OFFERED 153 TABLE 105 3DEGREES: DEALS 153 11.1.4 FINITE CARBON 155 TABLE 106 FINITE CARBON: BUSINESS OVERVIEW 155 TABLE 107 FINITE CARBON: PROJECTS OFFERED 155 TABLE 108 FINITE CARBON: LAUNCHES 156 TABLE 109 FINITE CARBON: DEALS 156 11.1.5 NATIVE ENERGY 158 TABLE 110 NATIVE ENERGY: BUSINESS OVERVIEW 158 TABLE 111 NATIVE ENERGY: PROJECTS OFFERED 158 TABLE 112 NATIVE ENERGY: SOLUTIONS OFFERED 159 11.1.6 CLIMECO LLC 160 TABLE 113 CLIMECO LLC: BUSINESS OVERVIEW 160 TABLE 114 CLIMECO LLC: SOLUTIONS OFFERED 160 TABLE 115 CLIMECO LLC: DEALS 161 11.1.7 CARBONBETTER 162 TABLE 116 CARBONBETTER: BUSINESS OVERVIEW 162 TABLE 117 CARBONBETTER: PROJECTS OFFERED 162 TABLE 118 CARBONBETTER: SERVICES OFFERED 163 11.1.8 TASMAN ENVIRONMENTAL MARKETS 164 TABLE 119 TASMAN ENVIRONMENTAL MARKETS: BUSINESS OVERVIEW 164 TABLE 120 TASMAN ENVIRONMENTAL MARKETS: PROJECTS OFFERED 164 TABLE 121 TASMAN ENVIRONMENTAL MARKETS: SOLUTIONS/SERVICES OFFERED 165 TABLE 122 TASMAN ENVIRONMENTAL MARKETS: DEALS 165 11.1.9 CARBON CARE ASIA LIMITED 166 TABLE 123 CARBON CARE ASIA LIMITED: BUSINESS OVERVIEW 166 TABLE 124 CARBON CARE ASIA LIMITED: PROJECTS OFFERED 166 11.1.10 MOSS.EARTH 167 TABLE 125 MOSS.EARTH: BUSINESS OVERVIEW 167 TABLE 126 MOSS.EARTH: PROJECTS OFFERED 167 TABLE 127 MOSS.EARTH: SOLUTIONS/SERVICES OFFERED 168 TABLE 128 MOSS.EARTH: DEALS 168 11.1.11 CLIMETREK LTD. 169 TABLE 129 CLIMETREK: BUSINESS OVERVIEW 169 TABLE 130 CLIMETREK: PROJECTS OFFERED 169 TABLE 131 CLIMETREK: SERVICES OFFERED 170 11.1.12 CLIMATEPARTNER GMBH 171 TABLE 132 CLIMATEPARTNER GMBH: BUSINESS OVERVIEW 171 TABLE 133 CLIMATEPARTNER GMBH: PROJECTS OFFERED 171 TABLE 134 CLIMATE PARTNER GMBH: SOLUTIONS/SERVICES OFFERED 172 11.1.13 TERRAPASS 173 TABLE 135 TERRAPASS: BUSINESS OVERVIEW 173 TABLE 136 TERRAPASS: PROJECTS OFFERED 173 TABLE 137 TERRAPASS: SERVICES OFFERED 175 11.1.14 CLIMATE IMPACT PARTNERS 176 TABLE 138 CLIMATE IMPACT PARTNERS: BUSINESS OVERVIEW 176 TABLE 139 CLIMATE IMPACT PARTNERS: PROJECTS OFFERED 176 TABLE 140 CLIMATE IMPACT PARTNERS: SOLUTIONS/SERVICES OFFERED 177 TABLE 141 CLIMATE IMPACT PARTNERS: DEALS 177 11.1.15 CARBON CREDIT CAPITAL 178 TABLE 142 CARBON CREDIT CAPITAL: BUSINESS OVERVIEW 178 TABLE 143 CARBON CREDIT CAPITAL: PROJECTS OFFERED 178 TABLE 144 CARBON CREDIT CAPITAL: SOLUTIONS/SERVICES OFFERED 179 TABLE 145 CARBON CREDIT CAPITAL: DEALS 179 11.1.16 BLUESOURCE LLC 180 11.1.17 CARBONFUND 181 11.1.18 FOREST CARBON 182 11.1.19 CLIMATE TRADE 182 11.1.20 NATUREOFFICE GMBH 183 *Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 12 APPENDIX 184 12.1 INSIGHTS FROM INDUSTRY EXPERTS 184 12.2 DISCUSSION GUIDE 185 12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 188 12.4 CUSTOMIZATION OPTIONS 190 12.5 RELATED REPORTS 190 12.6 AUTHOR DETAILS 191
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