Global Carbon Offset/Carbon Credit Market Insights, Outlooks, Size

The Global Carbon Offset/Carbon Credit Market Size is Anticipated to Exceed USD 4098.23 Billion by 2033, Growing at a CAGR of 24.32% from 2023 to 2033. A carbon credit is also known as carbon offset which means reducing the intensity of carbon dioxide and other hazardous gases. A carbon offset is a calculable evasion or removal of harmful gases. Rather than paying more than what would be necessary to invest in a company's operations, customers can sponsor greenhouse gas reduction strategies used by individuals to lower their carbon tax liability by funding carbon offset programs.