Forestry & Landuse Carbon Credit Market is expected to grow at a compound annual growth rate (CAGR) of 15.9% from 2025 to 2035
The global market for forestry & landuse carbon credit market was estimated to be worth USD 24.4 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 15.9% from 2025 to 2035. These carbon credits are essential tools in the fight against climate change, offering a variety of benefits such as biodiversity conservation, improved water quality, and sustainable livelihoods for local communities, making them a sustainable and expanding market. In addition to removing carbon dioxide from the atmosphere, these practices also improve rural livelihoods, prevent soil erosion, and increase biodiversity. Additionally, carbon is traded in carbon markets, where businesses, governments, and individuals can buy them to offset their own carbon emissions and comply with regulations. Through these mechanisms, forestry and land use play a vital role in promoting sustainable land management practices and ecosystem conservation, which contributes to efforts to mitig...