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It has been suggested that the forest carbon offsets used by companies such as Shell, Salesforce, and others are largely ineffective and of little value.

The latest research insights in the report of 117 pages with business forecast 2028 estimate that the size of the voluntary carbon offsets market will reach USD 4.3 billion in 2023.

ImpactDigger by ImpactDigger
February 16, 2023
in Carbon market
Reading Time: 3 mins read
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Continued The global Voluntary Carbon Offsets market size was valued at USD 659.96 million in 2022 and is expected to expand at a CAGR of 34.56% during the forecast period, reaching USD 3917.78 million by 2028. Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Voluntary Carbon Offsets market covering all its essential aspects. The report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. The global Voluntary Carbon Offsets market is segmented by product type, application, and region. By product type, the market is divided into Verified Carbon Standard, Gold Standard, and Others. By application, the market is divided into Agriculture, Chemical Processes and Industrial Manufacturing, Energy Efficiency and Fuel Switching, Forestry and Land Use, Household Devices, Renewable Energy, Transportation, and Waste Disposal. Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report also includes a detailed analysis of the impact of COVID-19 on the Voluntary Carbon Offsets market. The top players in the global Voluntary Carbon Offsets market are Forest Carbon, NativeEnergy, Biofílica, 3Degrees, Carbon Credit Capital, CBEEX, WayCarbon, Guangzhou Greenstone, Allcot Group, Carbon Clear, Aera Group, Renewable Choice, GreenTrees, South Pole Group, Bioassets, and Terrapass. The report provides an in-depth analysis of the competitive landscape, product portfolio, and market share of each of the players and offers an extensive overview of the market share, concentration ratio, and market trends. The report also provides an in-depth analysis of the competitive landscape and offers an extensive overview of the market share, concentration ratio, and market trends. The report also provides an analysis of the impact of COVID-19 on the Voluntary Carbon Offsets market. The global Voluntary Carbon Offsets market size was valued at USD 659.96 million in 2022 and is expected to expand at a CAGR of 34.56% during the forecast period, reaching USD 3917.78 million by 2028. Carbon offsets are a way of compensating for carbon emissions by reducing the amount of carbon dioxide produced or by absorbing it from the atmosphere. They are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF6). The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Voluntary Carbon Offsets market covering all its essential aspects. The report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. The global Voluntary Carbon Offsets market is segmented by product type, application, and region. By product type, the market is divided into Verified Carbon Standard, Gold Standard, and Others. By application, the market is divided into Agriculture, Chemical Processes and Industrial Manufacturing, Energy Efficiency and Fuel Switching, Forestry and Land Use, Household Devices, Renewable Energy, Transportation, and Waste Disposal. Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report also includes a detailed analysis of the impact of COVID-19 on the Voluntary Carbon Offsets market. The top players in the global Voluntary Carbon Offsets market are Forest Carbon, NativeEnergy, Biofílica, 3Degrees, Carbon Credit Capital, CBEEX, WayCarbon, Guangzhou Greenstone, Allcot Group, Carbon Clear, Aera Group, Renewable Choice, GreenTrees, South Pole Group, Bioassets, and Terrapass. The report provides an in-depth analysis of the competitive landscape, product portfolio, and market share of each of the players and offers an extensive overview of the market share, concentration ratio, and market trends. The report also provides an in-depth analysis of the competitive landscape and offers an extensive overview of the market share, concentration ratio, and market trends. The report also provides an analysis of the impact of COVID-19 on the Voluntary Carbon Offsets market. The global Voluntary Carbon Offsets market is expected to grow significantly over the forecast period, driven by increasing awareness of climate change and the need to reduce carbon emissions. Companies are investing in carbon offset projects to reduce their carbon footprint, and governments are also introducing regulations to encourage companies to invest in carbon offset projects. The increasing demand for renewable energy

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