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The global carbon footprint management market is projected to reach USD 30.8 Billion by 2028 from an estimated USD 11.3 Billion in 2023, at a CAGR of 22.2% during the forecast period. An environmental indicator, carbon footprint represents the total amount of greenhouse gas emissions caused by an individual, event, organization, service, place, or product. The global market for carbon footprint management is expanding as a result of rising demand for energy by industries, and increasing initiatives to reduce carbon emissions from the governments. Moreover, the stricter implementation of COP27 targets to limit global warming around the world i also boosting the demand for carbon footprint management software.

The global market for carbon footprint management is projected to reach USD 30.8 Billion by 2028 from an estimated USD 11.3 Billion in 2023, at a CAGR of 22.2% during the forecast period. An environmental indicator, carbon footprint represents the total amount of greenhouse gas emissions caused by an individual, event, organization, service, place, or product. The global market for carbon footprint management is expanding as a result of rising demand for energy by industries, and increasing initiatives to reduce carbon emissions from the governments. Moreover, the stricter implementation of COP27 targets to limit global warming around the world i also boosting the demand for carbon footprint management software.

The global Carbon Footprint Management Market is anticipated to grow from estimated USD 15.07 billion in 2025 to USD 38.14 billion by 2030, at a CAGR of 20.4% during the forecast period. The increase in demand for energy consumption from industries and the drive for more sustainable energy solutions propel the global Carbon Footprint Management Market. Moreover, an increase in government initiatives and policies for low-carbon policies positively impacts the growth of the Carbon Footprint Management Market.

According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030" published by MarketsandMarkets, the marke size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.

According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030″, the market size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.

According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030", the market size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.

The global Carbon Footprint Management Market is projected to grow from USD 11.3 billion in 2023 to USD 30.8 billion by 2028, at a CAGR of 22.2% according to a new report by MarketsandMarkets™. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the Carbon Footprint Management Markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities for the growth of the Carbon Footprint Management Market during the forecast period.

An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities for the growth of the carbon footprint management market during the forecast period. According to a new market research report, 'The global carbon footprint management market is projected to reach USD 30.8 billion by 2028 from an estimated USD 11.3 billion in 2023, at a CAGR of 22.2% during the forecast period.'

Chicago, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The global Carbon Footprint Management Market is projected to grow from USD 11.3 billion in 2023 to USD 30.8 billion by 2028, at a CAGR of 22.2% according to a new report by MarketsandMarkets™. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the Carbon Footprint Management Markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities for the growth of the Carbon Footprint Management Market during the forecast period.

The global carbon footprint management market is projected to reach USD 30.8 billion by 2028 from an estimated USD 11.3 billion in 2023, at a CAGR of 22.2% during the forecast period. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets. A general shift toward cloud computing and paperless economy is another factor that would provide opportunities for the growth of the carbon footprint management market during the forecast period.

Carbon Credit Validation, Verification and Certification Market in terms of revenue was estimated to be worth $226 million in 2024 and is poised to reach $884 million by 2030, growing at a CAGR of 25.5% from 2024 to 2030 according to a new report by MarketsandMarkets™. The global Carbon Credit Validation, Verification and Certification Market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.

According to a new market research report, the global carbon footprint management market is projected to reach USD 30.8 billion by 2028 from an estimated USD 11.3 billion in 2023, at a CAGR of 22.2% during the forecast period. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint management markets.

Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market. Moreover, the swelling demand for energy consumption by industries is also positively impacting the growth of the carbon footprint management market.

Glebe Farm Foods has announced that, following independent analysis, the carbon footprints of its PureOaty porridge oats and granola retail packs are well below the industry average. This means that by switching to PureOaty consumers could reduce their own carbon footprint, the firm noted. The review was executed by environmental impact assessment organisation My Emissions, which evaluated four key areas: farming, processing, packaging and transport. PureOaty achieved a score of just 0.18 kg Co2e per pack of porridge (with organic porridge scoring an even lower score of 0.10kg Co2e per pack), and 0.28 kg Co2e per pack of granola.

Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market.