カーボンレジストリ市場 2026-2036年

「カーボンレジストリ市場の規模、シェア、およびトレンド分析（レジストリの種類、提供形態、エンドユーザー、地域別）—2036年までの世界予測」と題された最新の調査レポートによると、2025年時点における世界のカーボンレジストリ市場の規模は5億米ドルでした。同市場は、2026年の推定6億米ドルから2036年には37億米ドルに成長し、予測期間（2026年～2036年）における年平均成長率（CAGR）は20.0%に達するとDataNext Researchでは予測しています。

この市場の急速な拡大は、主にパリ協定第6条の運用開始、信頼性の高い（ハイ・インテグリティな）ボランタリー・カーボン・クレジットに対する世界的な需要の増加、そして各国のコンプライアンス市場を支える強固なデジタルインフラへの要請によって推進されています。世界中の企業や政府がネットゼロ目標に向けた測定可能な進捗を示すよう強く求められる中、カーボンレジストリは、カーボン・クレジットの透明性、トレーサビリティ、および環境的整合性を確保するための極めて重要な基盤インフラとして台頭しています。さらに、デジタルMRV（測定・報告・検証）技術の統合や、長期的な炭素除去および自然由来のクレジットに特化したレジストリの登場も、市場の拡大を後押ししています。

カーボンレジストリ市場の主なハイライト

• 世界のカーボンレジストリ市場は、2026年から2036年にかけて年平均成長率（CAGR）20.0%で推移し、2036年には37億米ドルに達すると予測されています。
• 2026年時点では、北米が世界のカーボンレジストリ市場で最大のシェア（総収益の約35%）を占めています。これは、主要な自主的（ボランタリー）レジストリやコンプライアンス市場のインフラが市場を牽引しているためです。
• 2026年の市場収益の大半は自主的カーボンレジストリによるものであり、これは自主的カーボン市場の規模の大きさや、少数の主要プログラムが市場を支配している状況を反映しています。
• 発行、口座管理、取引、無効化（リタイアメント）などのレジストリ・サービスが最大の提供セグメントを占める一方、レジストリ技術やプラットフォームも急速に成長しています。
• パリ協定第6条の運用開始（パリ協定クレジット・メカニズムのレジストリを含む）に伴い、各国政府の間でレジストリ・インフラへの需要が拡大しています。
• 「Climate Action Data Trust（気候行動データ・トラスト）」をはじめとする市場の健全性や相互運用性確保の取り組みにより、レジストリ間の連携が進み、二重計上の防止や透明性の向上が図られています。
• デジタルMRV（測定・報告・検証）の統合や、永続的な炭素除去および自然由来クレジットの登場により、レジストリ・インフラの適用範囲と価値が拡大しています。
• レジストリの収益は、発行・登録手数料、口座・保有手数料、取引・無効化手数料、および賦課金などによって生み出されています。
• アジア太平洋地域は、新たなコンプライアンス市場の形成やパリ協定第6条への参加を背景に、最も高い成長率を示す地域になると予測されています。

世界の炭素レジストリ市場は、レジストリの種類（自主的炭素レジストリ、コンプライアンス・規制対応型炭素レジストリ、および「パリ協定」第6条関連・国際レジストリ）、提供内容（レジストリ・サービス、レジストリ・ソフトウェアおよび技術）、エンドユーザー（プロジェクト開発者、政府・規制機関、企業・機関投資家、ブローカー・トレーダー）、および地域別に区分されています。本調査では、業界の競合他社を対象に含めるとともに、国別の市場分析も行っています。

エンドユーザー別に見ると、2026年には「政府・規制当局」セグメントが市場シェアの大部分を占めると予測されています。多くの国で国内排出量取引制度（ETS）や炭素税の導入が進む中、政府が管理する堅牢なレジストリ（登録簿）インフラへの需要が急速に拡大しています。一方、「プロジェクト開発者」セグメントも急成長を遂げています。これは、環境価値を収益化するために効率的な登録・発行プロセスを必要とする、自然由来および技術ベースの炭素除去プロジェクトが急増していることが主な要因です。「企業・機関投資家」セグメントにおいても、クレジットポートフォリオの管理やサステナビリティに関する主張の透明性確保を目的として、レジストリと連携したツールの導入が進んでいます。

Report Description

According to the latest research report titled, ‘Carbon Registry Market Size, Share & Trends Analysis by Registry Type, Offering, End User, and Geography—Global Forecast to 2036,’ the global carbon registry market was valued at USD 500 million in 2025. The market is projected to reach USD 3.7 billion by 2036 from an estimated USD 600 million in 2026, growing at a CAGR of 20.0% during the forecast period (2026–2036). The rapid expansion of this market is primarily driven by the operationalization of Article 6 of the Paris Agreement, the increasing global demand for high-integrity voluntary carbon credits, and the mandatory requirement for robust digital infrastructure to support national compliance markets. As organizations and governments worldwide face intensifying pressure to demonstrate measurable progress toward net-zero targets, carbon registries have emerged as the critical foundational infrastructure for ensuring the transparency, traceability, and environmental integrity of carbon credits. The market is further propelled by the integration of digital Measurement, Reporting, and Verification (dMRV) technologies and the emergence of specialized registries for durable carbon removals and nature-based credits.

The global carbon registry market is currently navigating a profound structural transformation, a shift that is fundamentally redefining the architecture of global environmental markets. This transformation is anchored by the transition from ‘siloed, analog systems’ toward ‘interoperable, digital-first infrastructure.’ Historically, carbon registries operated as independent databases with limited connectivity, often leading to challenges in data synchronization and risks of double counting. Today, the industry is pivoting toward ‘integrated market ecosystems,’ characterized by the adoption of distributed ledger technology (DLT) and the operationalization of meta-registries such as the Climate Action Data Trust (CAD Trust). This shift is not merely a technological upgrade but a fundamental change in the operational philosophy of the sector, where ‘interoperability’ is becoming the new standard for market integrity. The integration of blockchain and smart contracts is enabling the development of programmable carbon credits, which can automate retirement and revenue-sharing processes, significantly reducing transaction friction.

Key Highlights – Carbon Registry Market

• The global carbon registry market is expected to reach USD 3.7 billion by 2036, at a CAGR of 20.0% from 2026 to 2036.
• North America accounts for the largest share of the global carbon registry market in 2026, holding around 35% of total revenue, driven by leading voluntary registries and compliance market infrastructure.
• Voluntary carbon registries account for the majority of market revenue in 2026, reflecting the scale of the voluntary carbon market and the dominance of a small number of programs.
• Registry services, including issuance, account management, transaction, and retirement, represent the largest offering segment, while registry technology and platforms are growing rapidly.
• The operationalization of Article 6 of the Paris Agreement, including the Paris Agreement Crediting Mechanism registry, is expanding demand for registry infrastructure among governments.
• Market integrity and interoperability initiatives, including the Climate Action Data Trust, are connecting registries to prevent double counting and improve transparency.
• The integration of digital MRV and the emergence of durable carbon removal and nature credits are expanding the scope and value of registry infrastructure.
• Registry revenue is generated through issuance and registration fees, account and holding fees, transaction and retirement fees, and levies.
• Asia-Pacific is projected to be the fastest-growing region, driven by new compliance markets and Article 6 participation.

Another pivotal dimension of this transformation is the rapid ‘convergence of voluntary and compliance mechanisms.’ While these markets previously operated in distinct domains, the implementation of Article 6.2 and 6.4 of the Paris Agreement is creating a unified framework where voluntary credits can be ‘correspondingly adjusted’ for use toward Nationally Determined Contributions (NDCs). This convergence is forcing a technological evolution in registry design, moving toward systems that can simultaneously track national inventories and commercial transactions. Simultaneously, the industry is witnessing a significant move toward ‘durable removal and nature-based specialization.’ The emergence of new standards for biochar, direct air capture (DAC), and biodiversity credits is driving the development of specialized registries that can handle the unique monitoring requirements of long-term carbon storage. Furthermore, the market is experiencing a surge in ‘dMRV integration,’ where registries are being directly linked to satellite feeds and IoT sensor networks to provide real-time verification of project outcomes. The convergence of these trends— digital interoperability, market convergence, and automated verification—is positioning carbon registries as the indispensable foundational technology for the global transition toward a transparent and high-integrity carbon economy.

Market Segmentation Analysis

The global carbon registry market is segmented by registry type (voluntary carbon registries, compliance & regulatory carbon registries, and Article 6 & international registries), offering (registry services and registry software & technology), end user (project developers, governments & regulators, corporates & institutional buyers, and brokers & traders), and geography. The study evaluation includes industry competitors and analyzes the market at the country level.

Based on Registry Type

By registry type, the voluntary carbon registries segment is expected to hold the largest share of the global carbon registry market in 2026. This dominance is driven by the established infrastructure of leading independent standards such as Verra and the Gold Standard, which have issued the vast majority of credits traded in the voluntary market to date. The segment is benefiting from the increasing corporate demand for high-quality credits to meet voluntary net-zero commitments. However, the Article 6 & international registries segment is projected to register the highest CAGR during the forecast period. The growth of this segment is fueled by the rapid operationalization of international carbon trading under the Paris Agreement, which requires countries to establish or utilize sophisticated registry systems to manage internationally transferred mitigation outcomes (ITMOs) and ensure national inventory alignment.

Based on Offering

By offering, the registry services segment is expected to hold the largest share in 2026. This segment includes the core operational activities of issuance, registration, account management, and transaction processing. The high volume of project registrations and credit issuances in both voluntary and compliance markets provides a steady revenue stream for service providers. Conversely, the registry software & technology segment is projected to grow at a significant rate. The increasing demand for ‘Registry-as-a-Service’ (RaaS) models and the need for governments to deploy national registry infrastructure quickly and cost-effectively are driving the adoption of specialized software platforms. The integration of blockchain and API-based connectivity for market interoperability is a key technological driver for this segment.

Based on End User

By end user, the governments & regulators segment is expected to be the major contributor to the market share in 2026. As more nations implement domestic Emissions Trading Schemes (ETS) and carbon taxes, the requirement for robust, government-managed registry infrastructure is expanding rapidly. Meanwhile, the project developers segment is witnessing fast growth, driven by the surge in nature-based and technological carbon removal projects that require efficient registration and issuance processes to monetize their environmental outcomes. The corporates & institutional buyers segment is also adopting registry-linked tools to manage their credit portfolios and ensure the transparency of their sustainability claims.

Geographic Analysis

In 2026, North America is expected to account for the largest share of the global carbon registry market, representing approximately 35% of the total global revenue. The region’s commanding position is anchored by the presence of leading voluntary carbon registries and a highly developed compliance market infrastructure in regions like California (WCI) and the Northeast (RGGI). The United States, in particular, is a primary driver of this regional market, featuring a high concentration of innovative registry technology providers and institutional buyers who are early adopters of digital carbon assets. The adoption of carbon registries in North America has been accelerated by the widespread implementation of corporate sustainability disclosure requirements and the increasing focus on high-integrity carbon removals. Furthermore, the region is a hub for blockchain and fintech innovation, home to several of the world’s leading companies that are integrating carbon data into broader financial platforms. The key companies operating in the North American market include American Carbon Registry (Winrock International), Climate Action Reserve, and IBM Corporation.

Europe represents a substantial and highly sophisticated segment of the global carbon registry market, accounting for approximately 27% of global revenue in 2026. The region’s market dynamics are characterized by the world’s most established compliance market, the EU Emissions Trading System (EU ETS), which utilizes a highly secure and integrated registry infrastructure. European nations have been at the forefront of developing rigorous regulatory frameworks for carbon accounting and are early adopters of Article 6 mechanisms. The European market is also distinguished by its leadership in specialized removal registries, particularly in the areas of biochar and industrial carbon capture. The presence of numerous innovative registry technology firms in the London, Paris, and Helsinki clusters fosters a highly competitive environment that drives continuous improvement in market transparency and data standardization. The key companies operating in the European market include Gold Standard, Puro.earth, Riverse, and Meteomatics (through data integration).

Asia-Pacific is projected to be the most dynamic and fastest-growing region in the global carbon registry market, registering the highest CAGR during the forecast period. This rapid expansion is primarily driven by the massive investments in national carbon market infrastructure currently underway in China, India, and Southeast Asia. As these nations seek to implement domestic ETS and participate in international carbon trading under Article 6, there is an unprecedented surge in demand for advanced registry technologies. China’s national ETS is already the world’s largest by covered emissions, and its focus on ‘Ecological Civilization’ is a transformative policy driver for registry adoption. Furthermore, the region’s dominant role in nature-based carbon projects, particularly in Indonesia and Vietnam, makes it a critical focus for project registration and issuance services. The expansion of the high-tech sector in Asia-Pacific, particularly in the integration of DLT and geospatial data, is enabling the development of localized solutions for Article 6 reporting. The key companies operating in the Asia-Pacific market include regional subsidiaries of global leaders and a growing number of domestic technology integrators.

Latin America and the Middle East & Africa (MEA) represent critical emerging frontiers for the carbon registry market, where the demand for monitoring technologies is rising in tandem with resource management and conservation efforts. In Latin America, the market is primarily driven by the urgent need for forest conservation and sustainable land use monitoring in the Amazon and Cerrado regions. The region is an early adopter of registry-linked nature intelligence to support REDD+ projects and comply with international zero-deforestation requirements. In the Middle East, the market is propelled by the region’s ambitious government-led development plans, such as Saudi Arabia’s ‘Vision 2030,’ which include massive investments in renewable energy and carbon capture projects. These nations are early adopters of premium registry solutions to manage their energy transition and optimize the issuance of high-value carbon removal credits. In Africa, the market is in the early stages of development but presents significant long-term potential for improving climate adaptation and food security through registry-verified carbon projects. The key companies operating in these regions include global leaders who partner with specialized local agencies to provide the necessary technical expertise.

Competitive Landscape

The global carbon registry market is concentrated among a small number of leading voluntary registries and government-operated compliance registries, complemented by an expanding set of specialized and technology-enabled entrants. Competition spans established voluntary crediting programs, national and regional compliance registries, durable removal and nature registries, and registry technology providers. Participants compete on credibility and trust, methodology and credit coverage, transparency and interoperability, technology and automation, and fee structures. The essential, trusted role of registries creates significant incumbency advantages, while integrity concerns and new credit classes are opening opportunities for specialized and technology-driven entrants.

A key competitive trend is the modernization of registry infrastructure through digital MRV integration, interoperability initiatives, and distributed ledger technology, alongside the emergence of dedicated registries for durable removals and nature credits. Established registries are investing in technology and transparency, while new entrants compete on specialization and programmability. Interoperability initiatives such as the Climate Action Data Trust and the operationalization of Article 6 are reshaping the landscape, and partnerships among registries, standards bodies, governments, and technology providers are accelerating the development of connected registry infrastructure.

Key Players

The key players operating in the global carbon registry market include Verra (U.S.), Gold Standard (Switzerland), American Carbon Registry (Winrock International) (U.S.), Climate Action Reserve (U.S.), Puro.earth (Finland), Isometric (U.K.), Riverse (France), Toucan Protocol (Switzerland), Regen Network (U.S.), Climate Action Data Trust (Singapore), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Xpansiv (U.S.), S&P Global (Sustainable1) (U.S.), Nasdaq (U.S.), Carbon Trust (U.K.), and various national government registry agencies.

Key Questions Answered in the Report—

• What is the projected size of the global carbon registry market by 2036?

The global carbon registry market is projected to reach USD 3.7 billion by 2036.

• What is the expected CAGR for the market during the forecast period?

The market is expected to grow at a CAGR of 20.0% from 2026 to 2036.

• Which registry type segment is expected to hold the major share of the market in 2026?

The voluntary carbon registries segment is expected to hold the largest share due to the established infrastructure of leading standards.

• Which geographical region is expected to dominate the market in 2026?

North America is expected to dominate the market with a 35% share, driven by leading voluntary registries and institutional demand.

• How is the operationalization of Article 6 impacting the carbon registry market?

Article 6 is creating a unified framework for international carbon trading, driving the demand for sophisticated national and international registry systems.

• What is the role of digital MRV in registry modernization?

Digital MRV enables real-time verification of project outcomes, significantly improving the integrity and transparency of carbon credits.

• Which technology trend is facilitating registry interoperability?

The adoption of meta-registries and API-based connectivity is enabling different registry systems to synchronize data and prevent double counting.

• How are durable carbon removals influencing registry specialization?

The emergence of new removal standards is driving the development of specialized registries that can handle unique long-term storage monitoring.

Scope of the Report:

Carbon Registry Market Assessment — by Registry Type

• Voluntary Carbon Registries
• Compliance & Regulatory Carbon Registries
• Article 6 & International Registries

Carbon Registry Market Assessment — by Offering

• Registry Services (Issuance, Registration, Account Management, Transaction Processing)
• Registry Software & Technology (RaaS, Blockchain, API Connectivity)

Carbon Registry Market Assessment — by End User

• Project Developers
• Governments & Regulators
• Corporates & Institutional Buyers
• Brokers & Traders

Carbon Registry Market Assessment — by Geography

• North America (U.S., Canada)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Australia, Rest of Asia-Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA)

Table of Contents

1. Introduction

1.1. Market Definition

1.2. Market Ecosystem

1.3. Currency and Limitations

1.3.1. Currency

1.3.2. Limitations

1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach

2.2. Data Collection & Validation

2.2.1. Secondary Research

2.2.2. Primary Research

2.3. Market Assessment

2.3.1. Market Size Estimation

2.3.2. Bottom-Up Approach

2.3.3. Top-Down Approach

2.3.4. Growth Forecast

2.4. Assumptions for the Study

3. Executive Summary

3.1. Overview

3.2. Market Analysis, by Registry Type

3.3. Market Analysis, by Offering

3.4. Market Analysis, by End User

3.5. Market Analysis, by Geography

3.6. Competitive Analysis

4. Market Insights

4.1. Introduction

4.2. Global Carbon Registry Market: Impact Analysis of Market Drivers (2026–2036)

4.2.1. Growth of Voluntary and Compliance Carbon Markets

4.2.2. Operationalization of Article 6 and Government Registry Demand

4.3. Global Carbon Registry Market: Impact Analysis of Market Restraints (2026–2036)

4.3.1. Carbon Market Volatility and Integrity Concerns

4.4. Global Carbon Registry Market: Impact Analysis of Market Opportunities (2026–2036)

4.4.1. Interoperability, Digital MRV, and Registry Modernization

4.4.2. Durable Removals and Nature Credit Registries

4.5. Global Carbon Registry Market: Impact Analysis of Market Challenges (2026–2036)

4.5.1. Double Counting, Fragmentation, and Data Standardization

4.6. Global Carbon Registry Market: Impact Analysis of Market Trends (2026–2036)

4.6.1. Registry Interoperability and the Climate Action Data Trust

4.6.2. Distributed Ledger and Programmable Registry Infrastructure

4.6.3. Convergence of Carbon, Removal, and Nature Registries

4.7. Porter’s Five Forces Analysis

5. Industry Ecosystem / Value Chain

5.1. Introduction to the Carbon Registry Value Chain

5.2. Standards, Methodologies, and Crediting Programs

5.3. Project Registration, Issuance, and Serialization

5.4. Registry Platforms, Technology, and Interoperability

5.5. Transaction, Retirement, and Reporting

5.6. Buyers, Traders, Governments, and Market Participants

6. Competitive Landscape

6.1. Introduction

6.2. Key Growth Strategies

6.3. Competitive Dashboard

6.4. Vendor Market Positioning

6.5. Market Share / Ranking Analysis

7. Carbon Registry Market, by Registry Type

7.1. Introduction

7.2. Voluntary Carbon Registries

7.3. Compliance & Regulatory Carbon Registries

7.4. Article 6 & International Registries

8. Carbon Registry Market, by Offering

8.1. Introduction

8.2. Registry Services

8.2.1. Issuance & Registration

8.2.2. Account & Holding

8.2.3. Transaction & Retirement

8.3. Registry Technology & Platforms

9. Carbon Registry Market, by End User

9.1. Introduction

9.2. Project Developers

9.3. Corporate Buyers

9.4. Traders & Financial Institutions

9.5. Governments & Regulators

9.6. Standards Bodies & Market Infrastructure

10. Carbon Registry Market, by Geography

10.1. Introduction

10.2. North America

10.2.1. United States

10.2.2. Canada

10.3. Europe

10.3.1. United Kingdom

10.3.2. European Union

10.3.3. Switzerland

10.3.4. Rest of Europe

10.4. Asia-Pacific

10.4.1. China

10.4.2. India

10.4.3. Japan

10.4.4. Southeast Asia

10.4.5. Rest of Asia-Pacific

10.5. Latin America

10.5.1. Colombia

10.5.2. Brazil

10.5.3. Rest of Latin America

10.6. Middle East & Africa

10.6.1. GCC Countries

10.6.2. South Africa

10.6.3. Rest of Middle East & Africa

11. Company Profiles

(Business Overview, Financial Overview, Product Portfolio, Strategic Developments, SWOT Analysis)

11.1. Verra

11.2. Gold Standard

11.3. American Carbon Registry (Winrock International)

11.4. Climate Action Reserve

11.5. Plan Vivo Foundation

11.6. Cercarbono

11.7. BioCarbon Registry

11.8. EcoRegistry

11.9. Global Carbon Council

11.10. Puro.earth

11.11. Isometric

11.12. Riverse

11.13. Xpansiv (APX)

11.14. S&P Global Commodity Insights

11.15. Toucan Protocol

11.16. Regen Network

11.17. Climate Action Data Trust

11.18. Other Players

12. Sustainability Impact Analysis

12.1. Underpinning the Integrity of Carbon Markets

12.2. Preventing Double Counting and Enabling Transparent Accounting

12.3. Supporting Article 6 and International Cooperation

12.4. Channeling Finance Toward Verified Climate Outcomes

13. Appendix

13.1. Questionnaire

13.2. Available Customization

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