조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년07월
Carbon Credit VVC Market – Global Forecast To 2030
탄소 배출권 검증 및 유효성확인 및 인증(VVC) 시장 – 유형 (선택, 규정 준수), 서비스 (검증, 유효성 확인, 인증), 최종 사용자 (에너지 및 공공 사업, 농업 및 임업, 산업), 지역별 – 2030 년까지의 세계 예측
Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region – Global Forecast to 2030
페이지 수 | 219 |
도표 수 | 215 |
가격 | |
Single User License | USD 4,950 |
Multi User License | USD 6,650 |
Corporate License | USD 8,150 |
Enterprise License | USD 10.000 |
구성 | 영문조사보고서 |
Report Overview
The global carbon credit validation, verification, certification market is on a trajectory to reach USD 884 million by 2030, a notable increase from the estimated USD 226 million in 2024, with a steady CAGR of 25.5% spanning the period from 2024 to 2030.
세계 탄소 배출권 검증 및 타당성 확인 및 인증(VVC) 시장은 2024년에 추정 2억 2,600만 달러가 되고, 그 후 궤도를 타고 2030년까지 8억 8,400만 달러에 이르렀으며, 2024년부터 2030년 년간 CAGR25.5%로 안정된 성장을 계속할 것으로 예측되고 있습니다.
주요 게재 내용
- 시장 개관
- 시장 역학
- 고객 기업에 영향을 미치는 동향/디스럽션
- 투자 및 자금 조달 시나리오
- 공급체인 분석
- 기술 분석
- 주요 회의 및 이벤트 2024-2025년
- 법규 환경
- 특허 분석
- 파이브포스 분석
- 기본 이해관계자 및 구매 기준
- 사례 연구 분석
- 서비스별 탄소 배출권 검증 및 유효성 확인, 인증 시장
- 유형별 탄소 배출권 검증 및 유효성 확인, 인증 시장
- 용도별 탄소 배출권 검증 및 유효성 확인, 인증 시장
- 지역별 탄소 배출권 검증 및 유효성 확인, 인증 시장
- 유럽
- 독일
- 영국
- 기타 유럽
- 북미
- 미국
- 캐나다
- 멕시코
- 기타 지역(RoW)
- 남미
- 중동 및 아프리카
- 아시아 태평양 지역
- 중국
- 인도
- 기타 아시아 태평양 지역
- 유럽
- 경쟁 환경
- 주요 플레이어의 전략과 이길 권리 2020-2024년
- 시장 점유율 분석 2023년
- 수익 분석 2019-2023년
- 주요 플레이어의 기업 평가 매트릭스 2023년
- 스타트업/중소기업의 기업평가 매트릭스 2023년
- 기업 평가 및 재정 매트릭스
- 브랜드/제품 비교
- 경쟁 시나리오 및 동향
- 기업 정보
- 부록
주요 조사 대상 세그먼트
- 서비스
- 검증
- 유효성 확인
- 인증
- 유형
- 컴플라이언스 크레딧
- 자원봉사 크레딧
- 섹터
- 에너지 및 공익 사업
- 운송
- 산업
- 농업 및 임업
- 기타
- 지역
- 북미
- 아시아 태평양 지역
- 유럽
- 기타 지역(RoW)
The future prospects of the global carbon credit validation, verification, and certification market are highly promising, driven by escalating regulatory demands and heightened corporate and public awareness of climate change. As governments worldwide continue to implement stringent carbon reduction mandates and more companies adopt net-zero strategies, the demand for validated and certified carbon credits is expected to rise substantially. This increasing demand will spur technological advancements and innovations, particularly in remote sensing, GIS, and blockchain technologies, enhancing the efficiency and transparency of the validation and verification processes.
Moreover, the expansion of carbon markets, including compliance and voluntary markets, will further fuel the growth of the validation, verification, and certification industry. With new revenue opportunities emerging from sectors such as agriculture, forestry, and industrial manufacturing, and growing investments in sustainable projects, the market is poised for significant growth. As a result, businesses engaged in these processes will play a critical role in ensuring the integrity and reliability of carbon credits, thus supporting global efforts to mitigate climate change.
“Water & wastewater segment, by Sector, to hold forth-largest market share from 2024 to 2030.”
Water and wastewater management hold the fourth largest market share in the global carbon credit validation, verification, and certification market due to the sector’s substantial potential for greenhouse gas emission reductions. Through the implementation of advanced technologies and sustainable practices, water and wastewater facilities can significantly lower their carbon footprint. Projects such as methane capture from wastewater treatment plants and the energy-efficient operation of water distribution systems contribute to the generation of carbon credits. As regulatory pressures increase and the emphasis on sustainable water management grows, the sector’s involvement in carbon credit markets is expected to expand, driving further demand for validation, verification, and certification services.
“Compliance segment, by type, to be the second-largest market from 2024 to 2030.”
The compliance market holds the second largest market share in the global carbon credit validation, verification, and certification sector due to stringent regulatory frameworks and government mandates that require industries to adhere to emission reduction targets. Compliance markets, such as the European Union Emissions Trading System (EU ETS) and California’s Cap-and-Trade Program, create a substantial demand for verified carbon credits to meet legal obligations. This drives continuous investment in the validation, verification, and certification processes to ensure that credits are credible and meet regulatory standards, thereby supporting the growth and stability of the compliance carbon credit market.
Breakdown of Primaries:
In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:
- By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15%
- By Designation: C-Level-30%, D-Level-20%, and Others-50%
- By Region: North America–18%, Europe–8%, Asia Pacific–60%, South America–4% and Middle East & Africa–10%.
Note: “Others” include sales managers, engineers, and regional managers
The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million.
The carbon credit validation, verification, certification market is predominantly governed by well-established global leaders. Notable players in the carbon credit validation, verification, certification market include VERRA (US), Gold Standard (Switzerland), ACR (American Carbon Registry) (US), Climate Action Reserve (US), SGS Société Générale de Surveillance SA. (Switzerland), DNV GL (Norway), TUV SUD (Germany), Intertek Group plc (UK), Bureau Veritas (France), The ERM International Group Limited (UK), SCS Global Services (US), Climate Impact Partners (UK), RINA S.p. A. (Italy), Aenor (Spain), SustainCERT (Luxembourg), Aster Global Environmental Solutions, Inc. (US), Carbon Check (India), Ancer Climate, LLC (US), Carbon trust (UK), First Environment Inc. (US), CRS (US), Cotecna (Switzerland), Our Offset Nonprofit LLC. (Hungary), Carbon credit Capital (US), Control Union (Neitherlands).
Research Coverage:
The report provides a comprehensive definition, description, and forecast of the carbon credit validation, verification, certification market based on various parameters, including service (Validation, Verification, Certification), type (Compliance, Regulatory), sector (Energy & Utilities, Transportation, Industrial, Agriculture & Forestry, Others), and region (Asia Pacific, North America, Europe, Rest of World). The report also offers a thorough qualitative and quantitative analysis of the carbon credit validation, verification, certification, encompassing a comprehensive examination of the key market drivers, limitations, opportunities, and challenges. Additionally, it covers critical facets of the market, such as an assessment of the competitive landscape, an analysis of market dynamics, value-based market estimates, and future trends in the carbon credit validation, verification, certification market. The report provides investment and funding information of key players in the carbon credit validation, verification, certification market.
Key Benefits of Buying the Report
The report is thoughtfully designed to benefit both established industry leaders and newcomers in the carbon credit validation, verification, certification market. It provides reliable revenue forecasts for the entire market as well as its individual sub-segments. This data is a valuable resource for stakeholders, enabling them to gain a comprehensive understanding of the competitive landscape and formulate effective market strategies for their businesses. Furthermore, the report serves as a channel for stakeholders to grasp the current state of the market, providing essential insights into market drivers, limitations, challenges, and growth opportunities. By incorporating these insights, stakeholders can make well-informed decisions and stay informed about the constantly evolving dynamics of the carbon credit validation, verification, certification industry.
- Analysis of key drivers: (Regulatory Policies and International Agreements, Corporate Sustainability Commitments, Technological Advancements), restraints (Market Uncertainty and Volatility, Complexity and Costs of Verification), opportunities (Emerging Carbon Markets, Integration of Carbon Credits in Financial Instruments, Nature-Based Solutions), and challenges (Ensuring Integrity and Transparency, Climate Policy Uncertainty) influencing the growth of the carbon credit validation, verification, certificationmarket.
- Product Development/ Innovation: The carbon credit validation, verification, certification market is in a constant state of evolution, with a primary focus on expansion and partnerships. Leading industry players like VERRA, Gold Standard, TÜV SÜD, DNV GL are at the forefront of advancing their product offerings to address shifting demands and environmental considerations.
- Market Development: The global carbon credit validation, verification, and certification market is witnessing significant development driven by increasing climate change awareness, international agreements like the Paris Agreement, and growing corporate commitments to carbon neutrality. Technological advancements such as blockchain, remote sensing, and AI are enhancing the accuracy and transparency of carbon credit processes, attracting more participants to the market. Additionally, evolving regulatory frameworks and expanding voluntary markets are fostering robust growth, as more industries and regions recognize the importance of verified carbon credits in achieving sustainability goals. This development is leading to a more standardized and efficient global market for carbon credits.
- Market Diversification: Market diversification in the global carbon credit validation, verification, and certification market involves expanding the range of sectors and geographic regions participating in carbon credit initiatives. Traditionally dominated by sectors like energy and industrial manufacturing, the market is now seeing significant involvement from agriculture, forestry, water and wastewater management, and technology-driven projects. Geographically, while North America and Europe have been prominent players, emerging markets in Asia, Latin America, and Africa are increasingly contributing to market growth. This diversification helps mitigate risks, enhances market stability, and broadens the impact of carbon credit mechanisms on global sustainability efforts.
- Competitive Assessment: A comprehensive evaluation has been conducted to scrutinize the market presence, growth strategies, and service offerings of key players in the carbon credit validation, verification, certification market. These prominent companies include VERRA (US), Gold Standard (Switzerland), ACR (American Carbon Registry) (US), Climate Action Reserve (US), SGS Société Générale de Surveillance SA. (Switzerland), DNV GL (Norway), TUV SUD (Germany), Intertek Group plc (UK), Bureau Veritas (France), The ERM International Group Limited (UK), SCS Global Services (US), Climate Impact Partners (UK), RINA S.p. A. (Italy), Aenor (Spain), SustainCERT (Luxembourg), Aster Global Environmental Solutions, Inc. (US), Carbon Check (India), Ancer Climate, LLC (US), Carbon trust (UK), First Environment Inc. (US), CRS (US), Cotecna (Switzerland), Our Offset Nonprofit LLC. (Hungary), Carbon credit Capital (US), Control Union (Neitherlands). This analysis provides in-depth insights into the competitive positions of these major players, their approaches to driving market growth, and the range of services they offer within the carbon credit validation, verification, certification market.
Table of Contents
1 INTRODUCTION 21
1.1 STUDY OBJECTIVES 21
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 22
1.3.1 MARKETS COVERED 22
1.3.2 YEARS CONSIDERED 23
1.3.3 INCLUSIONS AND EXCLUSIONS 23
1.4 CURRENCY CONSIDERED 24
1.5 UNITS CONSIDERED 24
1.6 LIMITATIONS 24
1.7 STAKEHOLDERS 24
1.8 IMPACT OF RECESSION ON CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 25
2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
2.1.1 SECONDARY DATA 27
2.1.1.1 List of major secondary sources 27
2.1.1.2 Key data from secondary sources 27
2.1.2 PRIMARY DATA 28
2.1.2.1 Key participants in primary interviews 28
2.1.2.2 Key industry insights 28
2.1.2.3 Key data from primary sources 29
2.1.2.4 Breakdown of primaries 29
2.2 MARKET SIZE ESTIMATION METHODOLOGY 31
2.2.1 BOTTOM-UP APPROACH 31
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 32
2.2.1.1.1 Regional analysis 32
2.2.1.1.2 Country-level analysis 33
2.2.1.1.3 Demand-side assumptions 33
2.2.1.1.4 Demand-side calculations 33
2.2.2 TOP-DOWN APPROACH 34
2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side) 35
2.2.2.1.1 Supply-side assumptions 36
2.2.2.1.2 Supply-side calculations 36
2.3 FORECAST 36
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 37
2.5 RESEARCH ASSUMPTIONS 38
2.6 RISK ANALYSIS 38
2.7 RECESSION IMPACT 38
2.8 RESEARCH LIMITATIONS 38
3 EXECUTIVE SUMMARY 39
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 43
4.2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION 44
4.3 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET IN ASIA PACIFIC, BY TYPE AND APPLICATION 45
4.4 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE 45
4.5 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APPLICATION 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 48
5.2.1 DRIVERS 48
5.2.1.1 Enforcement of regulations pushing CO2 emission reduction and encouraging use of carbon credits 48
5.2.1.2 Growing focus of corporate companies on sustainability commitments 50
5.2.1.3 Technological advancements in carbon credit mechanisms 51
5.2.2 RESTRAINTS 53
5.2.2.1 Fluctuations and unpredictability in carbon credit market 53
5.2.2.2 Higher cost of carbon credit verification services 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Expansion of carbon market in developing nations 55
5.2.3.2 Integration of carbon credits into financial instruments 56
5.2.3.3 Rising use of nature-based solutions to mitigate environmental challenges 57
5.2.4 CHALLENGES 58
5.2.4.1 Ensuring integrity and transparency of carbon credit transactions 58
5.2.4.2 Inconsistent regulatory frameworks across different regions 59
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 60
5.4 ECOSYSTEM ANALYSIS 61
5.5 INVESTMENT AND FUNDING SCENARIO 63
5.6 SUPPLY CHAIN ANALYSIS 63
5.7 TECHNOLOGY ANALYSIS 65
5.7.1 KEY TECHNOLOGIES 65
5.7.1.1 Blockchain technology 65
5.7.2 COMPLEMENTARY TECHNOLOGIES 66
5.7.2.1 Remote sensing and geographic information systems 66
5.7.3 PRICING ANALYSIS 67
5.8 KEY CONFERENCES AND EVENTS, 2024–2025 68
5.9 REGULATORY LANDSCAPE 69
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
5.9.2 CODES AND REGULATIONS RELATED TO CARBON OFFSET MARKET 72
5.9.3 STANDARDS RELATED TO CARBON OFFSETS 73
5.10 PATENT ANALYSIS 75
5.11 PORTER’S FIVE FORCES ANALYSIS 76
5.11.1 THREAT OF SUBSTITUTES 77
5.11.2 BARGAINING POWER OF SUPPLIERS 78
5.11.3 BARGAINING POWER OF BUYERS 78
5.11.4 THREAT OF NEW ENTRANTS 79
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 80
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 81
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 81
5.12.2 BUYING CRITERIA 81
5.13 CASE STUDY ANALYSIS 82
5.13.1 VERRA AND FCPF COLLABORATE VERRA TO GENERATE HIGH-QUALITY CARBON CREDITS FOR NATIONAL REDD+ PROGRAMS 82
5.13.2 GOLD STANDARD HELPS REDUCE EMISSIONS AND ENHANCE SUSTAINABILITY THROUGH DECENTRALIZED ORGANIC WASTE PROCESSING AND CARBON CREDIT GENERATION 82
5.13.3 ACR GREENTREES REFORESTATION PROJECT ENSURES BIODIVERSITY CONSERVATION AND HIGH-QUALITY CARBON CREDIT GENERATION THROUGH REFORESTATION IN MISSISSIPPI ALLUVIAL VALLEY 83
5.13.4 SCS GLOBAL SERVICES PROVIDES CERTIFICATION FOR CARBON-NEUTRAL PINEAPPLE PRODUCTION WITH CUTTING-EDGE SUSTAINABILITY PRACTICES 83
6 CARBON CREDIT VALIDATION, VERIFICATION, CERTIFICATION SERVICES 84
6.1 INTRODUCTION 85
6.2 VALIDATION 85
6.3 VERIFICATION 86
6.4 CERTIFICATION 86
7 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE 88
7.1 INTRODUCTION 89
7.2 VOLUNTARY 90
7.2.1 INCREASING AWARENESS OF POTENTIAL IMPACT OF CLIMATE CHANGE TO ACCELERATE SEGMENTAL GROWTH 90
7.3 COMPLIANCE 92
7.3.1 RISING INVESTMENT IN CLEAN DEVELOPMENT MECHANISM PROJECTS TO STIMULATE SEGMENTAL GROWTH 92
8 CARBON CREDIT VALIDATION, VERIFICATION, CERTIFICATION MARKET, BY APPLICATION 95
8.1 INTRODUCTION 96
8.2 ENERGY & UTILITIES 97
8.2.1 EMPHASIS ON RENEWABLE ENERGY ADOPTION TO DRIVE SEGMENTAL GROWTH 97
8.3 TRANSPORTATION 98
8.3.1 SHIFT TOWARD ELECTRIC VEHICLES AND BIOFUELS TO ACCELERATE DEMAND 98
8.4 AGRICULTURE & FORESTRY 99
8.4.1 ADOPTION OF SUSTAINABLE AGRICULTURE PRACTICES TO FUEL MARKET GROWTH 99
8.5 WATER & WASTEWATER MANAGEMENT 101
8.5.1 GROWING IMPORTANCE OF WATER MANAGEMENT AND CONSERVATION TO BOOST DEMAND 101
8.6 INDUSTRIAL 102
8.6.1 IMPLEMENTATION OF CLEANER TECHNOLOGIES AND ENERGY EFFICIENCY IMPROVEMENTS TO DRIVE MARKET 102
8.7 OTHERS 103
9 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION 105
9.1 INTRODUCTION 106
9.2 EUROPE 108
9.2.1 RECESSION IMPACT ON MARKET IN EUROPE 109
9.2.2 GERMANY 111
9.2.2.1 Effective climate policies and initiatives to reduce GHG emissions to drive market 111
9.2.3 UK 112
9.2.3.1 Adoption of renewable energy projects to create lucrative opportunities 112
9.2.4 REST OF EUROPE 113
9.3 NORTH AMERICA 115
9.3.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA 116
9.3.2 US 119
9.3.2.1 Increasing investment in carbon offset projects to boost demand 119
9.3.3 CANADA 120
9.3.3.1 Corporate sustainability initiatives aiming for carbon neutrality to drive market 120
9.3.4 MEXICO 121
9.3.4.1 Forest conservation and reforestation projects to support market growth 121
9.4 ROW 123
9.4.1 RECESSION IMPACT ON MARKET IN ROW 123
9.4.2 SOUTH AMERICA 126
9.4.2.1 Rising use of carbon credit mechanisms to mitigate climate change impacts to foster market growth 126
9.4.3 MIDDLE EAST &AFRICA 127
9.4.3.1 Rapid urbanization and population growth to drive market 127
9.5 ASIA PACIFIC 128
9.5.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC 129
9.5.2 CHINA 132
9.5.2.1 Ambitious climate goals and transition toward low-carbon economy to drive market 132
9.5.3 INDIA 133
9.5.3.1 Stringent emission regulations and renewable energy initiatives to fuel market growth 133
9.5.4 REST OF ASIA PACIFIC 134
10 COMPETITIVE LANDSCAPE 136
10.1 OVERVIEW 136
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 136
10.3 MARKET SHARE ANALYSIS, 2023 138
10.4 REVENUE ANALYSIS, 2019–2023 139
10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 140
10.5.1 STARS 140
10.5.2 EMERGING LEADERS 140
10.5.3 PERVASIVE PLAYERS 140
10.5.4 PARTICIPANTS 140
10.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 142
10.5.5.1 Company footprint 142
10.5.5.2 Type footprint 143
10.5.5.3 Application footprint 144
10.5.5.4 Region footprint 145
10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 146
10.6.1 PROGRESSIVE COMPANIES 146
10.6.2 RESPONSIVE COMPANIES 146
10.6.3 DYNAMIC COMPANIES 146
10.6.4 STARTING BLOCKS 146
10.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 148
10.6.5.1 Details list of startups/SMEs 148
10.6.5.2 Competitive benchmarking of key startups/SMEs 148
10.7 COMPANY VALUATION AND FINANCIAL METRICS 149
10.8 BRAND/PRODUCT COMPARISON 150
10.9 COMPETITIVE SCENARIO AND TRENDS 151
10.9.1 PRODUCT LAUNCHES 151
10.9.2 DEALS 152
10.9.3 EXPANSIONS 155
10.9.4 OTHERS 157
11 COMPANY PROFILES 158
11.1 KEY PLAYERS 158
11.1.1 VERRA 158
11.1.1.1 Business overview 158
11.1.1.2 Products/Solutions/Services offered 159
11.1.1.3 Recent developments 160
11.1.1.3.1 Product launches 160
11.1.1.3.2 Deals 160
11.1.1.4 MnM view 161
11.1.1.4.1 Key strengths/Right to win 161
11.1.1.4.2 Strategic choices 161
11.1.1.4.3 Weaknesses/Competitive threats 161
11.1.2 GOLD STANDARD 162
11.1.2.1 Business overview 162
11.1.2.2 Products/Solutions/Services offered. 162
11.1.2.3 Recent developments 163
11.1.2.3.1 Product launches 163
11.1.2.3.2 Deals 163
11.1.2.3.3 Others 164
11.1.2.4 MnM view 165
11.1.2.4.1 Key strengths/Right to win 165
11.1.2.4.2 Strategic choices 165
11.1.2.4.3 Weaknesses/Competitive threats 165
11.1.3 CLIMATE ACTION RESERVE 166
11.1.3.1 Business overview 166
11.1.3.2 Products/Solutions/Services offered 166
11.1.3.3 Recent developments 167
11.1.3.3.1 Deals 167
11.1.3.3.2 Expansions 167
11.1.3.4 MnM view 167
11.1.3.4.1 Key strengths/Right to win 167
11.1.3.4.2 Strategic choices 168
11.1.3.4.3 Weaknesses/Competitive threats 168
11.1.4 TÜV SÜD 169
11.1.4.1 Business overview 169
11.1.4.2 Products/Solutions/Services offered 170
11.1.4.3 Recent developments 171
11.1.4.3.1 Deals 171
11.1.4.4 MnM view 171
11.1.4.4.1 Key strengths/Right to win 171
11.1.4.4.2 Strategic choices 171
11.1.4.4.3 Weaknesses/Competitive threats 171
11.1.5 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA 172
11.1.5.1 Business overview 172
11.1.5.2 Products/Solutions/Services offered 173
11.1.5.3 Recent developments 174
11.1.5.3.1 Deals 174
11.1.5.3.2 Expansions 174
11.1.5.3.3 Others 174
11.1.5.4 MnM view 175
11.1.5.4.1 Key strengths/Right to win 175
11.1.5.4.2 Strategic choices 175
11.1.5.4.3 Weaknesses/Competitive threats 175
11.1.6 ACR 176
11.1.6.1 Business overview 176
11.1.6.2 Products/Solutions/Services offered 176
11.1.6.3 Recent developments 177
11.1.6.3.1 Deals 177
11.1.6.3.2 Expansions 177
11.1.6.4 MnM view 177
11.1.6.4.1 Key strengths/Right to win 177
11.1.6.4.2 Strategic choices 177
11.1.6.4.3 Weaknesses/Competitive threats 178
11.1.7 DNV GL 179
11.1.7.1 Business overview 179
11.1.7.2 Products/Solutions/Services offered 179
11.1.7.3 Recent developments 180
11.1.7.3.1 Expansions 180
11.1.8 INTERTEK GROUP PLC 181
11.1.8.1 Business overview 181
11.1.8.2 Products/Solutions/Services offered 182
11.1.8.3 Recent developments 183
11.1.8.3.1 Deals 183
11.1.9 BUREAU VERITAS 184
11.1.9.1 Business overview 184
11.1.9.2 Products/Solutions/Services offered 185
11.1.9.3 Recent developments 186
11.1.9.3.1 Expansions 186
11.1.10 THE ERM INTERNATIONAL GROUP LIMITED 187
11.1.10.1 Business overview 187
11.1.10.2 Products/Solutions/Services offered 187
11.1.10.3 Recent developments 188
11.1.10.3.1 Deals 188
11.1.10.3.2 Expansions 189
11.1.11 SCS GLOBAL SERVICES 190
11.1.11.1 Business overview 190
11.1.11.2 Products/Solutions/Services offered 190
11.1.11.3 Recent developments 191
11.1.11.3.1 Product launches 191
11.1.12 CLIMATE IMPACT PARTNERS 192
11.1.12.1 Business overview 192
11.1.12.2 Products/Solutions/Services offered 192
11.1.12.3 Recent developments 193
11.1.12.3.1 Deals 193
11.1.13 RINA S.P.A. 194
11.1.13.1 Business overview 194
11.1.13.2 Products/Solutions/Services offered 194
11.1.13.3 Recent developments 195
11.1.13.3.1 Others 195
11.1.14 AENOR 196
11.1.14.1 Business overview 196
11.1.14.2 Products/Solutions/Services offered. 196
11.1.15 SUSTAINCERT 197
11.1.15.1 Business overview 197
11.1.15.2 Products/Solutions/Services offered 197
11.1.15.3 Recent developments 198
11.1.15.3.1 Product launches 198
11.1.15.3.2 Deals 198
11.1.16 ASTER GLOBAL ENVIRONMENTAL SOLUTIONS 199
11.1.16.1 Business overview 199
11.1.16.2 Products/Solutions/Services offered 199
11.1.17 CARBONCHECK 200
11.1.17.1 Business overview 200
11.1.17.2 Products/Solutions/Services offered 200
11.1.17.3 Recent developments 201
11.1.17.3.1 Expansions 201
11.1.17.3.2 Others 201
11.1.18 ANEW CLIMATE, LLC 202
11.1.18.1 Business overview 202
11.1.18.2 Products/Solutions/Services offered 202
11.1.18.3 Recent developments 203
11.1.18.3.1 Deals 203
11.1.19 THE CARBON TRUST 204
11.1.19.1 Business overview 204
11.1.19.2 Products/Solutions/Services offered 204
11.1.20 FIRST ENVIRONMENT INC. 205
11.1.20.1 Business overview 205
11.1.20.2 Products/Solutions/Services offered 205
11.2 OTHER PLAYERS 206
11.2.1 CENTER FOR RESOURCE SOLUTIONS 206
11.2.2 COTECNA 207
11.2.3 OUROFFSET NONPROFIT LLC 208
11.2.4 CARBON CREDIT CAPITAL, LLC 209
11.2.5 CONTROL UNION 210
12 APPENDIX 211
12.1 INSIGHTS FROM INDUSTRY EXPERTS 211
12.2 DISCUSSION GUIDE 212
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 215
12.4 CUSTOMIZATION OPTIONS 217
12.5 RELATED REPORTS 217
12.6 AUTHOR DETAILS 218
LIST OF TABLES
TABLE 1 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INCLUSIONS AND EXCLUSIONS, BY TYPE 23
TABLE 2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INCLUSIONS AND EXCLUSIONS, BY APPLICATION 23
TABLE 3 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INCLUSIONS AND EXCLUSIONS, BY REGION 24
TABLE 4 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
RISK ASSESSMENT 38
TABLE 5 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET SNAPSHOT 40
TABLE 6 ROLE OF KEY COMPANIES IN CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION ECOSYSTEM 62
TABLE 7 INDICATIVE PRICING TREND OF CARBON CREDIT SERVICES, 2023 67
TABLE 8 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
KEY CONFERENCES AND EVENTS, 2024–2025 68
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 69
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 70
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 71
TABLE 12 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 72
TABLE 13 CARBON OFFSET MARKET: CODES AND REGULATIONS 72
TABLE 14 CARBON OFFSET MARKET: STANDARDS 73
TABLE 15 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INNOVATIONS AND PATENT REGISTRATIONS, DECEMBER 2020–DECEMBER 2023 75
TABLE 16 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: PORTER’S FIVE FORCES ANALYSIS 77
TABLE 17 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR KEY APPLICATIONS 81
TABLE 18 KEY BUYING CRITERIA FOR MAJOR APPLICATIONS 82
TABLE 19 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2019–2023 (USD MILLION) 89
TABLE 20 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2024–2030 (USD MILLION) 89
TABLE 21 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2019–2023 (CARBON CREDITS GENERATED) (MILLION TONS) 90
TABLE 22 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2024–2030 (CARBON CREDITS GENERATED) (MILLION TONS) 90
TABLE 23 VOLUNTARY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 92
TABLE 24 VOLUNTARY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 92
TABLE 25 COMPLIANCE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 93
TABLE 26 COMPLIANCE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 94
TABLE 27 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APPLICATION, 2019–2023 (USD MILLION) 96
TABLE 28 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APP 50LICATION, 2024–2030 (USD MILLION) 97
TABLE 29 ENERGY & UTILITIES: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 98
TABLE 30 ENERGY & UTILITIES: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 98
TABLE 31 TRANSPORTATION: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 99
TABLE 32 TRANSPORTATION: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 99
TABLE 33 AGRICULTURE & FORESTRY: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 100
TABLE 34 AGRICULTURE & FORESTRY: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 100
TABLE 35 WATER & WASTEWATER MANAGEMENT: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION,
2019–2023 (USD MILLION) 101
TABLE 36 WATER & WASTEWATER MANAGEMENT: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION,
2024–2030 (USD MILLION) 102
TABLE 37 INDUSTRIAL: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 103
TABLE 38 INDUSTRIAL: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 103
TABLE 39 OTHERS: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 104
TABLE 40 OTHERS: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 104
TABLE 41 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY REGION, 2019–2023 (USD MILLION) 108
TABLE 42 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY REGION, 2024–2030 (USD MILLION) 108
TABLE 43 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2019–2023 (USD THOUSAND) 109
TABLE 44 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2024–2030 (USD THOUSAND) 109
TABLE 45 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2019–2023 (USD THOUSAND) 110
TABLE 46 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2030 (USD THOUSAND) 110
TABLE 47 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD THOUSAND) 110
TABLE 48 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD THOUSAND) 111
TABLE 49 GERMANY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD THOUSAND) 112
TABLE 50 GERMANY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD THOUSAND) 112
TABLE 51 UK: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2019–2023 (USD THOUSAND) 113
TABLE 52 UK: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2024–2030 (USD THOUSAND) 113
TABLE 53 REST OF EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD THOUSAND) 114
TABLE 54 REST OF EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD THOUSAND) 115
TABLE 55 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 117
TABLE 56 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 117
TABLE 57 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 117
TABLE 58 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 118
TABLE 59 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 118
TABLE 60 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 118
TABLE 61 US: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2019–2023 (USD MILLION) 119
TABLE 62 US: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2024–2030 (USD MILLION) 120
TABLE 63 CANADA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 121
TABLE 64 CANADA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 121
TABLE 65 MEXICO: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 122
TABLE 66 MEXICO: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 122
TABLE 67 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2019–2023 (USD MILLION) 124
TABLE 68 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2024–2030 (USD MILLION) 124
TABLE 69 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 124
TABLE 70 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 125
TABLE 71 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 125
TABLE 72 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 125
TABLE 73 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 126
TABLE 74 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 127
TABLE 75 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 128
TABLE 76 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND, BY TYPE, 2024–2030 (USD MILLION) 128
TABLE 77 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 130
TABLE 78 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 130
TABLE 79 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 130
TABLE 80 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 131
TABLE 81 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 131
TABLE 82 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 131
TABLE 83 CHINA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 132
TABLE 84 CHINA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 133
TABLE 85 INDIA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 134
TABLE 86 INDIA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 134
TABLE 87 REST OF ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2019–2023 (USD MILLION) 135
TABLE 88 REST OF ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2024–2030 (USD MILLION) 135
TABLE 89 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, APRIL
2020–FEBRUARY 2024 136
TABLE 90 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DEGREE OF COMPETITION, 2023 138
TABLE 91 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
TYPE FOOTPRINT 143
TABLE 92 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: APPLICATION FOOTPRINT 144
TABLE 93 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: REGION FOOTPRINT 145
TABLE 94 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
LIST OF KEY STARTUPS/SMES 148
TABLE 95 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 148
TABLE 96 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: PRODUCT LAUNCHES, APRIL 2020–JUNE 2024 151
TABLE 97 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
DEALS, APRIL 2020–JUNE 2024 152
TABLE 98 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: EXPANSIONS, APRIL 2020–JUNE 2024 155
TABLE 99 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: OTHERS, APRIL 2020–JUNE 2024 157
TABLE 100 VERRA: COMPANY OVERVIEW 158
TABLE 101 VERRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 159
TABLE 102 VERRA: PRODUCT LAUNCHES 160
TABLE 103 VERRA: DEALS 160
TABLE 104 GOLD STANDARD: COMPANY OVERVIEW 162
TABLE 105 GOLD STANDARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 162
TABLE 106 GOLD STANDARD: PRODUCT LAUNCHES 163
TABLE 107 GOLD STANDARD: DEALS 163
TABLE 108 GOLD STANDARD: OTHERS 164
TABLE 109 CLIMATE ACTION RESERVE: COMPANY OVERVIEW 166
TABLE 110 CLIMATE ACTION RESERVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 166
TABLE 111 CLIMATE ACTION RESERVE: DEALS 167
TABLE 112 CLIMATE ACTION RESERVE: EXPANSIONS 167
TABLE 113 TÜV SÜD: COMPANY OVERVIEW 169
TABLE 114 TÜV SÜD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 170
TABLE 115 TÜV SÜD: DEALS 171
TABLE 116 SGS SOCIETE GENERALE DE SURVEILLANCE SA: COMPANY OVERVIEW 172
TABLE 117 SGS SOCIETE GENERALE DE SURVEILLANCE SA: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 173
TABLE 118 SGS SOCIETE GENERALE DE SURVEILLANCE SA: DEALS 174
TABLE 119 SGS SOCIETE GENERALE DE SURVEILLANCE SA: EXPANSIONS 174
TABLE 120 SGS SOCIETE GENERALE DE SURVEILLANCE SA: OTHERS 174
TABLE 121 ACR: COMPANY OVERVIEW 176
TABLE 122 ACR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 176
TABLE 123 ACR: DEALS 177
TABLE 124 ACR: EXPANSIONS 177
TABLE 125 DNV GL: COMPANY OVERVIEW 179
TABLE 126 DNV GL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 179
TABLE 127 DNV GL: EXPANSIONS 180
TABLE 128 INTERTEK GROUP PLC: COMPANY OVERVIEW 181
TABLE 129 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 182
TABLE 130 INTEREK GROUP PLC: DEALS 183
TABLE 131 BUREAU VERITAS: COMPANY OVERVIEW 184
TABLE 132 BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 133 BUREAU VERITAS: EXPANSIONS 186
TABLE 134 THE ERM INTERNATIONAL GROUP LIMITED: COMPANY OVERVIEW 187
TABLE 135 THE ERM INTERNATIONAL GROUP LIMITED: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 187
TABLE 136 THE ERM INTERNATIONAL GROUP LIMITED: DEALS 188
TABLE 137 THE ERM INTERNATIONAL GROUP LIMITED: EXPANSIONS 189
TABLE 138 SCS GLOBAL SERVICES: COMPANY OVERVIEW 190
TABLE 139 SCS GLOBAL SERVICES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 140 SCS GLOBAL SERVICES: PRODUCT LAUNCHES 191
TABLE 141 CLIMATE IMPACT PARTNERS: COMPANY OVERVIEW 192
TABLE 142 CLIMATE IMPACT PARTNERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 192
TABLE 143 CLIMATE IMPACT PARTNERS: DEALS 193
TABLE 144 RINA S.P.A.: COMPANY OVERVIEW 194
TABLE 145 RINA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
TABLE 146 RINA S.P.A.: OTHERS 195
TABLE 147 AENOR: COMPANY OVERVIEW 196
TABLE 148 AENOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 196
TABLE 149 SUSTAINCERT: COMPANY OVERVIEW 197
TABLE 150 SUSTAINCERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 197
TABLE 151 SUSTAINCERT: PRODUCT LAUNCHES 198
TABLE 152 SUSTAINCERT: DEALS 198
TABLE 153 ASTER GLOBAL ENVIRONMENT SOLUTION: COMPANY OVERVIEW 199
TABLE 154 ASTER GLOBAL ENVIRONMENT SOLUTIONS: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 199
TABLE 155 CARBONCHECK: COMPANY OVERVIEW 200
TABLE 156 CARBONCHECK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 157 CARBONCHECK: EXPANSIONS 201
TABLE 158 CARBONCHECK: OTHERS 201
TABLE 159 ANEW CLIMATE, LLC: COMPANY OVERVIEW 202
TABLE 160 ANEW CLIMATE, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 202
TABLE 161 ANEW CLIMATE, LLC: DEALS 203
TABLE 162 THE CARBON TRUST: COMPANY OVERVIEW 204
TABLE 163 THE CARBON TRUST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
TABLE 164 FIRST ENVIRONMENT INC.: COMPANY OVERVIEW 205
TABLE 165 FIRST ENVIRONMENT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
LIST OF FIGURES
FIGURE 1 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET SEGMENTATION 22
FIGURE 2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: RESEARCH DESIGN 26
FIGURE 3 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES 30
FIGURE 4 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: BOTTOM-UP APPROACH 31
FIGURE 5 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: TOP-DOWN APPROACH 34
FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES 35
FIGURE 7 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: SUPPLY-SIDE ANALYSIS 36
FIGURE 8 DATA TRIANGULATION 37
FIGURE 9 ROW DOMINATED CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET IN 2023 40
FIGURE 10 VOLUNTARY SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2030 41
FIGURE 11 ENERGY & UTILITIES SEGMENT TO COMMAND CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET FROM 2024 TO 2030 42
FIGURE 12 STRINGENT EMISSION REDUCTION TARGETS TO DRIVE MARKET BETWEEN 2024 AND 2030 43
FIGURE 13 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 44
FIGURE 14 VOLUNTARY AND ENERGY & UTILITIES SEGMENTS HELD LARGEST SHARES OF MARKET IN ASIA PACIFIC IN 2023 45
FIGURE 15 VOLUNTARY SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2030 45
FIGURE 16 ENERGY & UTILITIES SEGMENT TO DOMINATE CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET IN 2030 46
FIGURE 17 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 48
FIGURE 18 INVESTMENT TRENDS IN KEY APPLICATIONS 49
FIGURE 19 ENERGY-RELATED CO₂ EMISSIONS GLOBALLY, 2015–2023 51
FIGURE 20 ANNUAL INVESTMENT REQUIRED FOR DAC AND SAF PROJECTS TO ACHIEVE NET-ZERO EMISSION GOAL, 2023–2050 52
FIGURE 21 ANNUAL INVESTMENT NEEDED FOR DAC AND SAF PROJECTS TO MEET NET-ZERO TARGET, BY COUNTRY, 2023–2050 53
FIGURE 22 TOTAL CLEAN ENERGY SPENDING IN SELECT COUNTRIES, 2023 56
FIGURE 23 TRENDS IN CARBON CREDIT ISSUANCE, BY MECHANISM, 2018–2023 57
FIGURE 24 CARBON CREDIT ISSUANCE TRENDS, BY REGION, 2018–2023 58
FIGURE 25 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 61
FIGURE 26 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
KEY PLAYERS IN ECOSYSTEM 61
FIGURE 27 FUNDING RAISED BY TOP PLAYERS IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, 2020–2023 63
FIGURE 28 SUPPLY CHAIN ANALYSIS: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET 64
FIGURE 29 PATENT APPLICANTS AND OWNERS, 2013–2023 75
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS FOR CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 76
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS 81
FIGURE 32 KEY BUYING CRITERIA FOR MAJOR APPLICATIONS 81
FIGURE 33 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET SHARE, BY TYPE, 2023 89
FIGURE 34 ENERGY & UTILITIES SEGMENT DOMINATED MARKET IN 2023 96
FIGURE 35 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET
SHARE, BY REGION, 2023 107
FIGURE 36 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET
IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2024 TO 2029 107
FIGURE 37 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET SNAPSHOT 116
FIGURE 38 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET SNAPSHOT 129
FIGURE 39 REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 139
FIGURE 40 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 141
FIGURE 41 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY FOOTPRINT 142
FIGURE 42 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 147
FIGURE 43 COMPANY VALUATION OF KEY VENDORS 149
FIGURE 44 EV/EBITDA OF KEY VENDORS 149
FIGURE 45 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: BRAND/PRODUCT COMPARISON OF KEY VENDORS 150
FIGURE 46 VERRA: COMPANY SNAPSHOT 159
FIGURE 47 TÜV SÜD: COMPANY SNAPSHOT 170
FIGURE 48 SGS SOCIETE GENERALE DE SURVEILLANCE SA: COMPANY SNAPSHOT 173
FIGURE 49 INTERTEK GROUP PLC: COMPANY SNAPSHOT 182
FIGURE 50 BUREAU VERITAS: COMPANY SNAPSHOT 185