EU Carbon Permits decreased 2.17 EUR or 2.97% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for EU Carbon Permits.

As of April 2024, the European Union Emission Trading Scheme (EU ETS) carbon price was above 60 U.S. dollars per metric tons of carbon dioxide equivalent (USD/tCO₂e). The EU ETS launched in 2005 as a cost-effective way of reducing greenhouse gas emissions, and was the world's first major international carbon market. The UK was formerly part of the EU ETS, but replaced this with its own system after withdrawing from the EU. As of April 2024, the price of carbon on the UK ETS was 45 USD/tCO₂e.

The average price of voluntary carbon market (VCM) credits decreased by 11 percent in 2023, to 6.53 U.S. dollars per metric ton of carbon dioxide equivalent. The market value of the VCM totaled just over 700 million U.S. dollars that year.

Prices for EU Carbon Permits including live quotes, historical charts and news. EU Carbon Permits was last updated by Trading Economics this March 27 of 2025.

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Carbon Credit Market Size 2025-2029

The carbon credit market size is forecast to increase by USD 1,966.3 billion at a CAGR of 32.1% between 2024 and 2029.

The market is experiencing significant growth due to rising emissions in the Earth's atmosphere, which necessitates the need for businesses and individuals to offset their carbon footprint. Booming investment and partnership deals in this market are driving its expansion, with various organizations recognizing the importance of reducing their carbon emissions and contributing to environmental sustainability. However, the fluctuating prices of carbon credits pose a challenge for market participants, as they can impact the profitability of carbon offsetting projects.
To stay competitive, market players must closely monitor carbon credit prices and adapt their strategies accordingly. In summary, the market is witnessing increasing demand due to growing environmental concerns and regulatory requirements, but its growth is influenced by the volatility of carbon credit prices.

What will the Carbon Credit Market Size during the forecast period?

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The market has gained significant traction in recent years as businesses and individuals seek to offset their carbon emissions and contribute to the global decarbonization effort. This market facilitates the buying and selling of carbon credits, which represent the right to emit a specific amount of greenhouse gases. The voluntary carbon market plays a crucial role in this context, enabling organizations to offset their carbon footprint beyond regulatory requirements. Net-zero greenhouse-gas emissions have become a key business objective, driving demand for carbon credits from various sources. Forestry projects are a significant contributor to the market. These projects involve the protection, restoration, or reforestation of forests, which act as carbon sinks, absorbing and storing carbon dioxide from the atmosphere.
Carbon emission reduction projects, such as renewable energy and energy efficiency initiatives, also contribute to the market. Carbon storage projects, including those focused on geological storage, are another essential component. The market's dynamics are influenced by various factors, including regulatory policies, market prices, and technological advancements. As the world moves towards a low-carbon economy, the demand for carbon credits is expected to continue growing, making it an attractive investment opportunity for businesses and individuals alike.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Power
  Energy
  Transportation
  Industrial
  Others


Type

  Compliance
  Voluntary


Geography

  Europe

    Germany
    UK
    France
    Italy


  Asia

    China


  North America



  Rest of World (ROW)

By End-user Insights

The power segment is estimated to witness significant growth during the forecast period.

Carbon credits represent financial instruments that enable organizations to invest in emission reduction projects, contributing to the global effort to transition from fossil fuels to renewable energy sources. These initiatives, which focus on conservation, biodiversity, and livelihoods, provide a means to reduce greenhouse gas emissions and mitigate the effects of climate change.

Additionally, the energy sector, specifically power generation, can benefit significantly from this shift, as renewable energy sources offer a sustainable and non-depleting alternative to coal and natural gas. To achieve the international goal of limiting global temperature rise to 2°C or 1.5°C above pre-industrial levels, the reduction of greenhouse gas emissions is crucial. Carbon credits facilitate this transition by incentivizing investment in renewable energy projects and reducing the overall carbon footprint.

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The power segment was valued at USD 61.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 84% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The European Union (EU) held a significant share of The market in 2023, with countries like the UK and Germany being major buyers. To achieve climate neutrality by 2050, the EU established the International Emissions Trading System (ETS) in 2005, which sets the cost of CO2 emissions

The activated carbon prices in the USA for Q4 2023 reached 1980 USD/MT in December. The market showcased stable footing, with supply and demand closely matched. However, as downstream industries built up inventories, demand started to dip, causing a decline in prices that extended into the fourth quarter. A late-year demand recovery helped prices rebound.

The price of emissions allowances (EUA) traded on the European Union's Emissions Trading Scheme (ETS) exceed 100 euros per metric ton of CO₂ for the first time n February 2023. Athough average annual EUA prices have increased significantly since the 2018 reform of the EU-ETS, they fell 19 percent year-on-year in 2023 to 65 euros. What is the EU-ETS? The EU-ETS became the world’s first carbon market in 2005. The scheme was introduced as a way of limiting GHG emissions from polluting installations by putting a price on carbon, thus incentivizing entities to reduce their emissions. A fixed number of emissions allowances are put on the market each year, which can be traded between companies. The number of available allowances is reduced each year. The EU-ETS is now in its fourth phase (2021 to 2030). Volatility of carbon prices EU carbon prices are volatile and change daily. Prices are determined by the supply and demand of allowances. In March 2022, the outbreak of the Russia-Ukraine war caused EUA prices to crash to less than 60 euros/tCO₂ due to the expected ban on Russian energy imports in Europe.

The carbon dioxide (CO2) market price refers to the price of buying and selling carbon dioxide allowances or credits, which are units of permission to emit a specific amount of CO2 or other greenhouse gases. This article explores the factors influencing the market price, including supply and demand, regulations, trading volumes, and market sentiment. It also discusses the role of carbon markets in incentivizing emission reduction and the impact of international agreements, economic factors, and carbon offse

The cost of UK ETS carbon permits (UKAs) was around 100 GBP in February 2023, but prices have fallen considerably since then. Prices on January 16, 2025 were just 32.57 GBP, down 11 percent from the same date the previous year. Formerly part of the EU ETS, the UK launched its own cap-and-trade system in 2021 following Brexit. Why has the UK’s carbon price fallen? Several factors have contributed to falling UK carbon prices, including mild winter weather and reduced power demand, as well as a surplus of carbon allowances on the market. While prices have recovered marginally from the record lows, they remain markedly below carbon prices on the EU ETS. The low cost of UK carbon permits has raised concerns that it could deter investment in renewable energy. Future of UK ETS The UK ETS covers emissions from domestic aviation and the industry and power sectors, amounting to some 30 percent of the country’s annual GHG emissions. There are plans to expand the system over the coming years to cover CO₂ venting by the upstream oil and gas sector, domestic maritime emissions, and energy from waste and waste incineration. The UK is also looking to introduce a carbon border adjustment mechanism, which would place a carbon price on certain emissions-intensive industrial goods imported to the UK.

China launched its national emissions trading system (ETS) in 2021, becoming the world's largest carbon market by emissions coverage. As of April 2024, carbon prices of China's national ETS hovered around 12.5 USD/tCO₂e. The China national ETS builds on the seven pilot projects that have been implemented in seven cities and provinces across the country. These pilot ETS will continue to operate alongside the national ETS, covering emissions not yet included in the national system.

This dataset about VCM Transaction Volumes, Values, and Prices, by Project Category, and by Forestry and Land Use Project Types, 2021 - 2023

In 2023, overseas shipments of activated carbon decreased by -13.9% to 58K tons, falling for the second consecutive year after two years of growth.

The carbon black prices in the United States for Q3 2024 reached 1,810 USD/MT in September. Significant cost fluctuations occurred in the carbon black industry in Q3 2024 as a result of declining crude oil rates, a reduce in vehicle demand, and rivalry from sales from Asia. Increased freight and import expenses contributed to mid-quarter price peaks, but prices eventually leveled down.

Product	Category	Region	Price
Carbon Black	Petrochemicals	United States	1,810 USD/MT
Carbon Black	Petrochemicals	Japan	1,350 USD/MT
Carbon Black	Petrochemicals	Netherlands	1,470 USD/MT
Carbon Black	Petrochemicals	UAE	1,410 USD/MT

Explore IMARC’s newly published report, titled “Carbon Black Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of carbon black pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

In 2024, the global activated carbon market decreased by -1.2% to $5.8B, falling for the second year in a row after five years of growth. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2024: its value increased at an average annual rate of +6.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

In the fourth quarter of 2023, the price of the carbon dioxide in the United States reached 666 USD/MT by December. Similarly, in Japan, the carbon dioxide prices hit 249 USD/MT in the same month. Moreover, Belgium also witnessed carbon dioxide prices reaching 214 USD/MT during Q4 2023.

Explore IMARC's latest publication, “Carbon Dioxide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the carbon dioxide market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of carbon dioxide at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed carbon dioxide price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting carbon dioxide pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

According to Cognitive Market Research, the global voluntary carbon offset market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market of around 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America market of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The sales of renewable energy are poised to surge due to growing environmental awareness, government incentives, technological advancements, and increasing demand for clean, sustainable power sources to combat climate change effectively.
Sales in the energy industry are expected to rise as industries seek more efficient and sustainable power solutions, coupled with increasing global demand for energy amidst economic growth and technological advancements.

Stringent Regulations and Incentives from Governments to Increase the Sales Globally

Stringent regulations and incentives from governments worldwide are playing a pivotal role in driving the sales of carbon offsets on a global scale. Governments are enacting laws and regulations aimed at reducing carbon emissions to combat climate change effectively. These regulations often include mandatory emission reduction targets for industries, which drive companies to seek carbon offset solutions to meet compliance requirements. Additionally, governments are offering various incentives such as tax breaks, grants, and subsidies to encourage businesses to invest in carbon offset projects. These incentives not only alleviate the financial burden of implementing carbon reduction measures but also stimulate market growth by making carbon offset projects more economically viable. Overall, the combination of regulatory pressure and government incentives creates a conducive environment for the proliferation of the voluntary carbon offset market, fostering sustainable development and environmental stewardship on a global scale.

Rising Environmental Awareness to Propel the Market

Rising environmental awareness is a significant driver propelling the voluntary carbon offset market forward. As concerns about climate change and environmental degradation intensify, individuals, businesses, and communities are increasingly acknowledging the urgent need for action. This heightened awareness prompts a shift in consumer preferences and corporate behaviours towards more sustainable practices. Consumers are actively seeking products and services from companies with strong environmental commitments, pushing businesses to adopt carbon offsetting strategies to mitigate their carbon footprints and enhance their brand reputation. Moreover, increased awareness fosters greater public support for government policies and initiatives aimed at curbing carbon emissions, thereby creating a more favourable regulatory environment for carbon offset projects. Overall, rising environmental consciousness is catalysing demand for voluntary carbon offsets as individuals and organizations strive to make a positive impact on the planet, driving market growth and fostering a transition towards a more sustainable future.

Lack of Transparency to Pose a Barrier

The lack of transparency poses a significant barrier to the voluntary carbon offset market. Concerns about the integrity and credibility of carbon offset projects, including issues such as additionally, verification, and the legitimacy of carbon credits, can erode trust among potential buyers and investors. Without clear and standardized reporting mechanisms and verification processes, stakeholders may hesitate to engage in carbon offset transactions due to uncertainty about the environmental impact and effectiveness of these projects. Moreover, the absence of transparent informat...

In 2024, the U.S. activated carbon market decreased by -1.6% to $1.1B, falling for the second year in a row after three years of growth. Overall, the total consumption indicated strong growth from 2012 to 2024: its value increased at an average annual rate of +7.3% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -6.9% against 2022 indices.

The liquid carbon dioxide prices in the United States for Q2 2024 reached 740 USD/MT in June. The market experienced significant price shifts in the country, maintaining an optimistic trend during Q2 2024. Operational issues, such as Air Liquide Industrial US LP's shutdown in Louisiana on account of flooding, tightened supply, driving hikes in prices.

The carbon credit trading platform market is projected to be worth US$ 159.3 million in 2024. The market is anticipated to reach US$ 815.0 million by 2034. The market is further expected to surge at a CAGR of 17.7% during the forecast period 2024 to 2034.

Attributes	Key Insights
Carbon Credit Trading Platform Market Estimated Size in 2024	US$ 159.3 million
Projected Market Value in 2034	US$ 815.0 million
Value-based CAGR from 2024 to 2034	17.7%

Country-wise Insights

Countries	Forecast CAGRs from 2024 to 2034
The United States	18.1%
The United Kingdom	19.3%
Japan	18.7%
China	18.4%
Korea	19.5%

Category-wise Insights

Category	CAGR from 2024 to 2034
Voluntary	17.4%
Cap and Trade	17.1%

Report Scope

Attribute	Details
Estimated Market Size in 2024	US$ 159.3 Million
Projected Market Valuation in 2034	US$ 815.0 Million
Value-based CAGR 2024 to 2034	17.7%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ Million
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East & Africa
Key Market Segments Covered	Type System Type End Use Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany France France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	Nasdaq Inc. Climate Impact X CME Group Inc. Carbon Trade Exchange European Energy Exchange AG Xpansiv Data Systems Inc. Carbonplace Likvidi Technologies Ltd. BetaCarbon Pty Ltd. Carbonex Ltd.

The global direct carbon price averaged 23.2 U.S. dollars per metric ton of carbon dioxide equivalent (USD/tCO₂e) in 2023. Around one quarter of global greenhouse gas emissions were covered by carbon pricing mechanisms as of April 2024, compared with 13 percent in 2020.