The drivers and prospects for growth in the market for voluntary carbon offsets are projected for 2023.

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The global voluntary carbon offsets market is predicted to grow significantly with a compound annual growth rate (CAGR) of XX% between 2022 and 2032, according to a new study by OrbisResearch.com. The study uses primary research, including surveys, interviews and focus groups with industry experts, alongside secondary data gathered from industry reports, business websites and government publications. It identifies current trends, drivers, challenges and opportunities, and analyses competitive environments and major market players. The report also discusses recent technological developments and breakthroughs in the sector that are anticipated to influence the market’s future. The global market is expected to reach $XXbn at the end of the forecast period, propelled by factors such as increased investment in research and development and demand for technology. The research also includes a forecast for the market’s future growth, helping investors make decisions and spot potential opportunities. The report identifies key players in the voluntary carbon offsets market as CBEEX, 3Degrees, Forest Carbon, Aera Group, Renewable Choice, Biofílica, Carbon Credit Capital, NativeEnergy, WayCarbon, Guangzhou Greenstone, Bioassets, Allcot Group, GreenTrees, South Pole Group, Terrapass, and Carbon Clear. The industries in which voluntary carbon offsets are applied include agriculture, chemical processes and industrial manufacturing, energy efficiency and fuel switching, forestry and land use, household devices, renewable energy, transportation and waste disposal. The study concludes that despite obstacles such as supply chain interruptions and economic turbulence caused by the Covid-19 pandemic, the voluntary carbon offsets market will likely continue to expand in the years to come as companies increasingly rely on digital marketing techniques to attract customers.

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