The global climate and carbon finance market Growth Accelerated by Emergence of Carbon Offset and Clean Energy Projects
The climate and carbon finance market provides financing for projects that reduce greenhouse gas (GHG) emissions or enhance carbon sinks. These projects include renewable energy, emission reduction initiatives, reforestation, and clean cooking. Carbon offset projects allows organizations and individuals to neutralize their carbon footprint by financing activities like renewable energy installations, forest conservation, or methane capture projects. The global climate and carbon finance market is estimated to be valued at US$ 459.58 Mn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The emergence of carbon offset and clean energy projects is one of the key trends driving the growth of the climate and carbon finance market. Various companies and governments are undertaking huge investments and launching multiple carbon offset projects across the world to me...