The global voluntary carbon offset market could potentially reach a value of 1.1 trillion U.S. dollars annually by 2050 if integrity issues within the market are resolved. Under this high-quality scenario, carbon offset prices would rise to 238 U.S. dollars per metric ton of carbon dioxide by 2050, rising rapidly from just 20 U.S. dollars in 2030. If integrity issues are not addressed and carbon offset prices remain low, then the market would peak at a value of just 34 billion U.S. dollars annually in 2050.
Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario
(in billion U.S. dollars)
Voluntary market scenario: integrity issues are not resolved, and company demand is elastic.
High-quality scenario: integrity issues in the offset market are resolved, and offset demand is inelastic.
Removal scenario: companies can only buy carbon removals and credits are interchangeable with other forms of abatement, meaning companies take a least-cost decarbonization approach.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BloombergNEF. (February 2, 2024). Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/
BloombergNEF. "Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario (in billion U.S. dollars)." Chart. February 2, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/
BloombergNEF. (2024). Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/
BloombergNEF. "Forecast Annual Voluntary Carbon Offset Market Value Worldwide by 2050, by Scenario (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Feb 2024, https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/
BloombergNEF, Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/ (last visited November 21, 2024)
Forecast annual voluntary carbon offset market value worldwide by 2050, by scenario (in billion U.S. dollars) [Graph], BloombergNEF, February 2, 2024. [Online]. Available: https://www.statista.com/statistics/1474831/forecast-carbon-offset-value-by-scenario/
