$2.7 TRILLION BY 2028
A Rapidly Growing Industry
The global carbon credit market is experiencing explosive growth, with a projected value of US$2.7 trillion by 2028, up from almost US$1trillion in 2022.
This rapid expansion is driven by the increasing demand for carbon offsets, which are tradable per- mits that allow companies to compensate for their greenhouse gas emissions.
A robust and diversified portfolio of carbon reduction and removal projects worldwide
Carbon Removals
Carbon removal strategies focus on extracting, capturing, or storing carbon dioxide from the air, in addition to what would have normally been possible in a business-as-usual scenario.
e.g Regenerative Agriculture, Improved Forest Management (under a removal pathway) and Blue Carbon (coastal ecosystems) restoration.
Nature-based carbon removals Projects can sequester emissions for a duration of up to 100 years.
Carbon Reduction
Carbon reduction projects aim to avoid, and minimize carbon dioxide emissions in a scenario where business-as-usual activities continue but under a low carbon pathway.
e.g Improved Forest Management (under an avoidance pathway), Methane Reduction in Rice Paddy Fields with Alternate Wetting and Drying (AWD) and use of Biofertilizer
Solutions to avoid and reduce carbon emissions, simultaneously promoting biodiversity and environmental resilience for climate mitigation and ecological conservation balance.
e.g. Improved Cookstoves, E-Mobility (E-Buses, E-Motor Bikes), and Coal Mine Methane Avoidance Projects
Tech-based solutions not only reduce carbon emissions but also generate tangible community benefits, fostering a sustainable and inclusive approach to climate action.