Canada Carbon Credit Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Canada Carbon Credit Market is Segmented By Sector (Energy, Transportation, Residential and Commercial Buildings, Industrial, Agriculture, Forestry, W....
Canada Carbon Credit Market Size
Market Size in USD
CAGR11.2%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 11.2% |
| Market Concentration | Medium |
| Major Players | WGL Holdings, Inc., Enking International, Green Mountain Energy, Native Energy, Cool Effect, Inc. |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Canada Carbon Credit Market Analysis
The Canada Carbon Credit Market is estimated to be valued at USD 1.8 Bn in 2024 and is expected to reach USD 3.37 Bn by 2031, growing at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The market is driven by the Canada's commitment to reduce greenhouse gas emissions and meet its Paris Agreement targets through carbon pricing schemes and emissions trading systems.