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In the North America carbon credit industry, companies are leveraging synergies between operational efficiency enhancements and carbon credit utilization to develop cost-effective decarbonization strategies. As transparency remains a top priority for stakeholders, the adoption of digital reporting tools and platforms is streamlining the monitoring of carbon credit usage and ensuring alignment with overarching sustainability goals.
Major players operating in the North America carbon credit industry are:
The forestry and land use segment is expected to grow at a CAGR of over 15.5% by 2034, driven by the rising adoption of afforestation and reforestation projects that integrate carbon sequestration with biodiversity conservation and ecosystem restoration.
The North America market size for carbon credit was valued at USD 20 billion in 2024 and is projected to reach USD 82.8 billion by 2034, driven by a CAGR of 15.8% during the forecast period, fueled by increasing corporate sustainability initiatives and the adoption of carbon credits for net-zero goals.
The U.S. carbon credit market is projected to exceed USD 30 billion by 2034, driven by growing corporate sustainability efforts, the adoption of voluntary offset mechanisms, and advancements in technologies like blockchain and AI for enhanced transparency.
Key players in the market include 3Degrees, Carbon Collective, Carbon Clean, Climeworks, CarbonCure Technologies, Conservation International, Enel X, Green Mountain Energy, WGL Holdings, Sterling Planet, South Pole, Terrapass, The Nature Conservancy, and Xpansiv.