The carbon credit trading platform market was USD 103 million in 2022, and it will propel at a 21.20% CAGR, to reach USD 479 million, by 2030. 

The growth of the industry is attributed to the increasing number of markets allowing the partial utilization of carbon credits, growing acceptance of renewable energy sources, and rising funding in carbon capture systems.

In 2022, the cap and trade category, based on system type, accounted for the larger share of the industry. This system creates a "cap" on maximum emissions to decrease aggregate emissions from an emitters group. 

Furthermore, it is stated to be a method based on industry to decrease the emissions of total pollutants and encourage business investment in energy efficiency and fossil fuel substitutes.

In 2022, the voluntary category, based on type, accounted for the larger carbon credit trading platform market share, of over 60%. The voluntary carbon sector is growing and becoming more important in the matter of controlling global warming. 

Browse detailed - Carbon Credit Trading Platform Market Revenue Estimation and Growth Forecast Report

In 2022, APAC accounted for the second-largest share in the industry, mainly because of the promises made by APAC countries, in recent years, at the UN Climate Change Conference, to achieve net-zero targets. 

With the mounting number of sectors allowing the partial utilization of carbon credits, acceptance of renewable energy sources, and the target to achieve net-zero emissions by several countries across the globe, the carbon credit trading platform industry will continue to advance in the years to come.