The global carbon credit market remained flat in 2024, worth about $1.4 trillion, according to an MSCI report. Demand for carbon credits – measured by the number of credits “retired” or permanently used – did not grow significantly. Carbon prices meanwhile, they continued to decline.

However, the market is showing signs of potential growth. As more companies commit to ambitious climate goals and new policies emerge, experts believe the market could expand significantly.

• By 2030, the market is expected to reach $7 to $35 billion and by 2050 it could climb to 250 billion USD .

(Jennifer L, more at carboncredits.com)