カーボンクレジットの検証＆妥当性確認と認証（VVC）市場規模、シェア、動向、2030年までの世界予測

世界のカーボンクレジットの検証＆妥当性確認と認証（VVC）市場は、2025年の1億6,160万米ドルから2030年には4億4,800万米ドルに達し、年平均成長率（CAGR）22.6%で成長すると予測されています。規制強化の要請や、企業と社会における気候変動への意識の高まりを背景に、世界市場の将来性は非常に明るいと見込まれています。各国政府が厳格な炭素削減義務を継続的に実施し、より多くの企業がネットゼロ戦略を採用するにつれて、検証・認証済みの炭素クレジットに対する需要は大幅に増加すると予想されます。こうした需要の増加は、特にリモートセンシング、GIS、ブロックチェーン分野における技術革新とイノベーションを促進し、検証・認証プロセスの効率性と透明性を高めるでしょう。

調査範囲：

本レポートは、サービス（検証、検証、認証）、タイプ（コンプライアンス、規制）、セクター（エネルギー・公益事業、運輸、工業、農林業、その他）、地域（アジア太平洋、北米、欧州、その他）といった様々なパラメータに基づき、炭素クレジットの検証、検証、認証市場について包括的な定義、説明、予測を提供しています。また、主要な市場推進要因、制約、機会、課題を網羅した、炭素クレジットの検証、検証、認証市場の徹底的な定性・定量分析も提供しています。さらに、競争環境の評価、市場ダイナミクスの分析、価値ベースの市場予測、炭素クレジットの検証、検証、認証市場における将来動向など、市場の重要な側面を網羅しています。さらに、主要プレーヤーの投資および資金調達に関する情報も提供しています。

レポート購入の主なメリット

• 本レポートは、カーボンクレジットの検証＆妥当性確認と認証（VVC）市場における既存の業界リーダーと新規参入企業の両方にメリットをもたらすよう、綿密に設計されています。市場全体と個々のサブセグメントの信頼性の高い収益予測を提供します。このデータは、ステークホルダーにとって貴重なリソースとなり、競争環境を包括的に理解し、自社にとって効果的な市場戦略を策定するのに役立ちます。さらに、本レポートは、ステークホルダーが現在の市場状況を理解するためのチャネルとして機能し、市場の推進要因、制約、課題、そして成長機会に関する重要な洞察を提供します。これらの洞察を活用することで、ステークホルダーは十分な情報に基づいた意思決定を行い、カーボンクレジットの検証、検証、認証業界の絶えず変化する動向について常に最新情報を得ることができます。
• カーボンクレジットの検証＆妥当性確認と認証（VVC）市場の成長に影響を与える主な推進要因（炭素クレジットの健全性に関する監視の強化、気候情報開示および報告要件の拡大、既存プロジェクトからの継続的な検証需要）、制約要因（新規炭素クレジット プロジェクト登録数の減少、プロジェクト開発者のコ​​ストに対する高い感度、世界の炭素市場における規制の不確実性）、機会（第 6 条および新しいコンプライアンス メカニズムの出現、自然ベースおよび除去プロジェクトの増加、デジタル MRV および高度な監視技術の採用）、課題（低品質または物議を醸すプロジェクトによる評判リスク、容量の制約および認証のボトルネック、市場の断片化および調和の欠如）の分析。
• 製品開発／イノベーション：カーボンクレジットの検証＆妥当性確認と認証（VVC）市場は絶えず進化しており、特に事業拡大とパートナーシップに重点が置かれています。VERRA、Gold Standard、TÜV SÜD、DNV GLといった業界をリードする企業は、変化する需要と環境への配慮に対応するため、製品ラインナップの進化を最前線で進めています。
• 市場動向：気候変動への意識の高まり、パリ協定などの国際協定、そしてカーボンニュートラルへの企業コミットメントの拡大を背景に、世界の炭素クレジットの検証・認証市場は大きな発展を遂げています。ブロックチェーン、リモートセンシング、AIといった技術の進歩は、炭素クレジットプロセスの精度と透明性を高め、市場への参入者を増やしています。さらに、規制枠組みの進化と自主市場の拡大は、持続可能性目標の達成において検証済み炭素クレジットの重要性を認識する業界や地域の増加に伴い、力強い成長を促進しています。こうした発展は、炭素クレジットのグローバル市場の標準化と効率化につながっています。
• 市場の多様化：世界の炭素クレジットの検証、検証、認証市場における市場の多様化は、炭素クレジット・イニシアチブに参加するセクターと地理的範囲の拡大を伴います。従来はエネルギーや工業製造などのセクターが市場を支配していましたが、現在では農業、林業、水・廃水管理、そしてテクノロジー主導のプロジェクトが大きな関与を見せています。地理的には、北米とヨーロッパが主要なプレーヤーであったものの、アジア、ラテンアメリカ、アフリカの新興市場が市場の成長にますます貢献しています。この多様化は、リスクの軽減、市場の安定性の向上、そして炭素クレジット・メカニズムが世界の持続可能性への取り組みに与える影響の拡大に貢献します。
• 競合評価：カーボンクレジットの検証＆妥当性確認と認証（VVC）市場における主要企業の市場プレゼンス、成長戦略、サービス内容を精査するため、包括的な評価を実施しました。これらの主要企業には、VERRA（米国）、Gold Standard（スイス）、ACR（American Carbon Registry）（米国）、Climate Action Reserve（米国）、SGS Société Générale de Surveillance SA（スイス）、DNV GL（ノルウェー）、TUV SUD（ドイツ）、Intertek Group plc（英国）、Bureau Veritas（フランス）、The ERM International Group Limited（英国）、SCS Global Services（米国）、Climate Impact Partners（英国）、RINA S.p.（英国）が含まれます。 A.（イタリア）、Aenor（スペイン）、SustainCERT（ルクセンブルク）、Aster Global Environmental Solutions, Inc.（米国）、Carbon Check（インド）、Ancer Climate, LLC（米国）、Carbon Trust（英国）、First Environment Inc.（米国）、CRS（米国）、Cotecna（スイス）、Our Offset Nonprofit LLC.（ハンガリー）、Carbon credit Capital（米国）、Control Union（オランダ）。本分析では、これらの主要企業の競争上の優位性、市場成長を促進するためのアプローチ、そしてカーボンクレジットの検証＆妥当性確認と認証（VVC）市場における提供サービスの範囲について、詳細な洞察を提供します。

Report Description

The global carbon credit validation, verification, and certification market is projected to reach USD 448.0 million in 2030 from USD 161.6 million in 2025, with a CAGR of 22.6%. The future prospects of the global 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, 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, enhancing the efficiency and transparency of 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.

“Industrial segment, by application, will hold the third-largest market share in 2024.”

In 2024, the industrial segment accounted for the third-largest share of the carbon credit validation, verification, and certification market because industries such as cement, steel, chemicals, and heavy manufacturing represent some of the most material sources of greenhouse gas emissions globally, driving sustained demand for robust independent assurance services as companies seek to measure, verify, and monetize emission reductions. Many industrial enterprises face both increasing regulatory pressures from emissions reporting mandates and market pressures from corporate net-zero commitments, prompting them to engage third-party validators and verifiers to support credible carbon credit generation, compliance reporting, and voluntary offset procurement.

“The compliance segment, by type, is projected to be the second-largest market from 2025 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 leading market players, and industry consultants, among others, 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 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, and certification market is predominantly governed by well-established global leaders. Notable players in the 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 (Netherlands).

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 carbon credit validation, verification, and certification, encompassing an examination of 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, and certification market. The report provides investment and funding information of key players in the 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, and certification market. It provides reliable revenue forecasts for the entire market and 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 understand the current market landscape, providing essential insights into market drivers, constraints, 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, and certification industry.

• Analysis of key drivers (Increasing scrutiny on carbon credit integrity, expansion of climate disclosure and reporting requirements, continued verification demand from legacy projects), restraints (decline in new carbon credit project registrations, high cost sensitivity among project developers, regulatory uncertainty in global carbon markets), opportunities (emergence of Article 6 and new compliance mechanisms, growth in nature-based and removal projects, adoption of digital MRV and advanced monitoring technologies), and challenges (reputational risk from low-quality or controversial projects, capacity constraints and accreditation bottlenecks, market fragmentation and lack of harmonization) influencing the growth of the carbon credit validation, verification, and certification market.
• Product Development/ Innovation: The carbon credit validation, verification, and 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, and 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 such as 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, and 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), and Control Union (Netherlands). 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, and certification market.

Table of Contents

1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 26
1.3.2 INCLUSIONS AND EXCLUSIONS 27
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 28
1.5 UNIT CONSIDERED 28
1.6 LIMITATIONS 29
1.7 STAKEHOLDERS 29
1.8 SUMMARY OF CHANGES 30
2 EXECUTIVE SUMMARY 31
2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS 31
2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS 33
2.3 DISRUPTIVE TRENDS IN CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET 34
2.4 HIGH-GROWTH SEGMENTS 35
2.5 SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST 36
3 PREMIUM INSIGHTS 37
3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 37
3.2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET
IN ASIA PACIFIC, BY TYPE AND APPLICATION 38
3.3 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE 39
3.4 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APPLICATION 39
3.5 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION 40
4 MARKET OVERVIEW 41
4.1 INTRODUCTION 41
4.2 MARKET DYNAMICS 42
4.2.1 DRIVERS 42
4.2.1.1 Heightened scrutiny on carbon credit integrity 42
4.2.1.2 Increasing need for climate disclosure and reporting 43
4.2.2 RESTRAINTS 44
4.2.2.1 Decline in new carbon credit project registrations 44
4.2.2.2 High-cost sensitivity among project developers 44
4.2.3 OPPORTUNITIES 45
4.2.3.1 Gradual implementation of Article 6 mechanisms under Paris Agreement 45
4.2.3.2 Rising emphasis on nature-based solutions and carbon removal projects 46
4.2.4 CHALLENGES 47
4.2.4.1 Limited number of accredited validators and verifiers 47
4.2.4.2 Inconsistent regulatory frameworks across different regions 47
4.3 UNMET NEEDS AND WHITE SPACES 48
4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 50
4.5 EMERGING BUSINESS MODELS AND ECOSYSTEM SHIFTS 51
4.6 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS 52
5 INDUSTRY TRENDS 54
5.1 PORTER’S FIVE FORCES ANALYSIS 54
5.1.1 THREAT OF NEW ENTRANTS 55
5.1.2 THREAT OF SUBSTITUTES 56
5.1.3 BARGAINING POWER OF SUPPLIERS 56
5.1.4 BARGAINING POWER OF BUYERS 56
5.1.5 INTENSITY OF COMPETITIVE RIVALRY 57
5.2 MACROECONOMIC OUTLOOK 57
5.2.1 INTRODUCTION 57
5.2.2 GDP TRENDS AND FORECAST 57
5.2.3 TRENDS IN GLOBAL ENERGY & UTILITIES INDUSTRY 59
5.2.4 TRENDS IN GLOBAL AGRICULTURE & FORESTRY INDUSTRY 59
5.3 SUPPLY CHAIN ANALYSIS 60
5.4 ECOSYSTEM ANALYSIS 62
5.5 KEY CONFERENCES AND EVENTS, 2026 63
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 64
5.7 INVESTMENT AND FUNDING SCENARIO 65
5.8 CASE STUDY ANALYSIS 66
5.8.1 VERRA AND FCPF COLLABORATE TO GENERATE HIGH-QUALITY CARBON CREDITS FOR REDD+ PROGRAMS 66
5.8.2 GOLD STANDARD HELPS REDUCE EMISSIONS AND ENHANCE SUSTAINABILITY THROUGH LOMI’S DECENTRALIZED ORGANIC WASTE PROCESSING TECHNIQUE 66
5.8.3 ACR’S GREENTREES PROJECT ENSURES BIODIVERSITY CONSERVATION
AND HIGH-QUALITY CARBON CREDIT GENERATION IN MISSISSIPPI ALLUVIAL VALLEY 67
5.8.4 SCS GLOBAL SERVICES PROVIDES CERTIFICATION FOR FRESH DEL MONTE PRODUCE’S CARBON-NEUTRAL PINEAPPLE PRODUCTION WITH CUTTING-EDGE SUSTAINABILITY PRACTICES 67

6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACTS,
PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS 68
6.1 KEY EMERGING TECHNOLOGIES 68
6.1.1 MONITORING, REPORTING, AND VERIFICATION (MRV) SYSTEMS 68
6.1.2 THIRD-PARTY VALIDATION AND VERIFICATION METHODOLOGIES 68
6.2 COMPLEMENTARY TECHNOLOGIES 69
6.2.1 REMOTE SENSING AND SATELLITE MONITORING 69
6.2.2 DATA ANALYTICS AND AI-BASED ANOMALY DETECTION 69
6.3 ADJACENT TECHNOLOGIES 69
6.3.1 BLOCKCHAIN AND DISTRIBUTED LEDGER TECHNOLOGIES (DLT) 69
6.3.2 CARBON ACCOUNTING AND ENVIRONMENTAL, SOCIAL,
AND GOVERNANCE (ESG) REPORTING SOFTWARE 70
6.4 TECHNOLOGY/PRODUCT ROADMAP 70
6.5 PATENT ANALYSIS 73
6.6 PRICING ANALYSIS 75
6.6.1 PRICING RANGE OF CARBON CREDIT SERVICES, 2024 75
6.7 FUTURE APPLICATIONS 76
6.8 IMPACT OF AI/GEN AI ON CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET 78
6.8.1 TOP USE CASES AND MARKET POTENTIAL 79
6.8.2 BEST PRACTICES FOLLOWED BY ORGANIZATIONS IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 79
6.8.3 CASE STUDIES RELATED TO AI/GEN AI IMPLEMENTATION IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 80
6.8.4 INTERCONNECTED ECOSYSTEM AND IMPACT ON MARKET PLAYERS 80
6.8.5 CLIENTS’ READINESS TO ADOPT AI/GEN AI-INTEGRATED CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES 81
7 REGULATORY LANDSCAPE AND SUSTAINABILITY INITIATIVES 82
7.1 REGIONAL REGULATIONS AND COMPLIANCE 82
7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
7.1.2 CODES AND REGULATIONS 85
7.1.3 INDUSTRY STANDARDS 87
7.2 SUSTAINABILITY INITIATIVES 88
7.2.1 CARBON IMPACT REDUCTION 88
7.2.2 ECO-APPLICATIONS 89
7.3 IMPACT OF REGULATORY POLICIES ON SUSTAINABILITY INITIATIVES 89
7.4 CERTIFICATIONS, LABELING, AND ECO-STANDARDS 90

8 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR 91
8.1 DECISION-MAKING PROCESS 91
8.2 KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND EVALUATION CRITERIA 92
8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS 92
8.2.2 BUYING CRITERIA 93
8.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES 94
8.4 UNMET NEEDS OF VARIOUS APPLICATIONS 94
8.5 MARKET PROFITABILITY 95
9 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES 96
9.1 INTRODUCTION 96
9.2 VALIDATION 96
9.3 VERIFICATION 97
9.4 CERTIFICATION 98
10 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE 99
10.1 INTRODUCTION 100
10.2 VOLUNTARY 102
10.2.1 GROWING FOCUS OF CORPORATIONS AND CLIMATE-CONSCIOUS BUYERS ON CREDIBLE OFFSETS TO FUEL SEGMENTAL GROWTH 102
10.3 COMPLIANCE 103
10.3.1 RISING IMPLEMENTATION OF EMISSION-REDUCTION OBLIGATIONS BY NATIONAL OR REGIONAL AUTHORITIES TO DRIVE MARKET 103
11 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION 106
11.1 INTRODUCTION 107
11.2 ENERGY & UTILITIES 108
11.2.1 ONGOING EVOLUTION OF INTERNATIONAL CARBON FRAMEWORKS TO ACCELERATE SEGMENTAL GROWTH 108
11.3 TRANSPORTATION 109
11.3.1 REPLACEMENT OF INTERNAL COMBUSTION ENGINES WITH ELECTRIC ALTERNATIVES TO MEET DECARBONIZATION TARGETS TO DRIVE MARKET 109
11.4 AGRICULTURE & FORESTRY 111
11.4.1 GLOBAL FOREST RESTORATION AND SUSTAINABILITY EFFORTS TO FOSTER SEGMENTAL GROWTH 111
11.5 WATER & WASTEWATER MANAGEMENT 113
11.5.1 NEED TO MITIGATE METHANE AND NITROUS OXIDE EMISSIONS TO ACCELERATE SEGMENTAL GROWTH 113

11.6 INDUSTRIAL 114
11.6.1 STRONG FOCUS ON IMPLEMENTING ENERGY MANAGEMENT SYSTEMS TO EXPEDITE SEGMENTAL GROWTH 114
11.7 OTHER APPLICATIONS 116
12 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION 118
12.1 INTRODUCTION 119
12.2 NORTH AMERICA 121
12.2.1 US 124
12.2.1.1 Rapidly scaling corporate voluntary demand and net-zero commitments to expedite market growth 124
12.2.2 CANADA 126
12.2.2.1 Tight emission benchmarks and voluntary market coverage to foster market growth 126
12.2.3 MEXICO 127
12.2.3.1 Federal climate policy and sustained demand for third-party VVC services to bolster market growth 127
12.3 ASIA PACIFIC 128
12.3.1 CHINA 132
12.3.1.1 Ambitious climate policies and robust regulatory frameworks to fuel market growth 132
12.3.2 INDIA 133
12.3.2.1 Rollout of national compliance carbon market and tightening industrial regulations to augment market growth 133
12.3.3 REST OF ASIA PACIFIC 134
12.4 EUROPE 135
12.4.1 GERMANY 138
12.4.1.1 High climate policy ambitions and compliance frameworks to contribute to market growth 138
12.4.2 UK 139
12.4.2.1 Strong corporate participation in compliance and voluntary carbon markets to spur demand for carbon credit VVC services 139
12.4.3 REST OF EUROPE 140
12.5 ROW 142
12.5.1 SOUTH AMERICA 145
12.5.1.1 Colombia 147
12.5.1.1.1 Growing participation in international voluntary carbon markets to boost market growth 147
12.5.1.2 Brazil 147
12.5.1.2.1 Extensive forestry and land-use project base to contribute to market growth 147
12.5.1.3 Rest of South America 147

12.5.2 MIDDLE EAST & AFRICA 148
12.5.2.1 Strong pipeline of renewable energy, clean cooking,
and nature-based projects to facilitate market growth 148
12.5.2.2 GCC 150
12.5.2.2.1 UAE 150
12.5.2.2.1.1 Emergence as hub for voluntary carbon trading and climate finance to accelerate market growth 150
12.5.2.2.2 Rest of GCC 150
12.5.2.3 Kenya 151
12.5.2.3.1 Focus on high-quality verification processes to bolster market growth 151
12.5.2.4 Rest of Middle East & Africa 151
13 COMPETITIVE LANDSCAPE 152
13.1 OVERVIEW 152
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2026 152
13.3 MARKET SHARE ANALYSIS, 2024 154
13.4 REVENUE ANALYSIS, 2020–2024 155
13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 157
13.5.1 STARS 157
13.5.2 EMERGING LEADERS 157
13.5.3 PERVASIVE PLAYERS 157
13.5.4 PARTICIPANTS 157
13.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 159
13.5.5.1 Company footprint 159
13.5.5.2 Region footprint 160
13.5.5.3 Type footprint 161
13.5.5.4 Application footprint 162
13.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 163
13.6.1 PROGRESSIVE COMPANIES 163
13.6.2 RESPONSIVE COMPANIES 163
13.6.3 DYNAMIC COMPANIES 163
13.6.4 STARTING BLOCKS 163
13.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 165
13.6.5.1 Detailed list of startups/SMEs 165
13.6.5.2 Competitive benchmarking of key startups/SMEs 165
13.7 COMPANY VALUATION AND FINANCIAL METRICS 166
13.8 BRAND/PRODUCT COMPARISON 167
13.9 COMPETITIVE SCENARIO 168
13.9.1 PRODUCT LAUNCHES 168
13.9.2 DEALS 171
13.9.3 EXPANSIONS 180
13.9.4 OTHER DEVELOPMENTS 183
14 COMPANY PROFILES 184
14.1 KEY PLAYERS 184
14.1.1 VERRA 184
14.1.1.1 Business overview 184
14.1.1.2 Products/Solutions/Services offered 185
14.1.1.3 Recent developments 186
14.1.1.3.1 Product launches 186
14.1.1.3.2 Deals 187
14.1.1.4 MnM view 188
14.1.1.4.1 Key strengths/Right to win 188
14.1.1.4.2 Strategic choices 188
14.1.1.4.3 Weaknesses/Competitive threats 188
14.1.2 GOLD STANDARD 189
14.1.2.1 Business overview 189
14.1.2.2 Products/Solutions/Services offered 189
14.1.2.3 Recent developments 190
14.1.2.3.1 Product launches 190
14.1.2.3.2 Deals 191
14.1.2.3.3 Other developments 192
14.1.2.4 MnM view 193
14.1.2.4.1 Key strengths/Right to win 193
14.1.2.4.2 Strategic choices 193
14.1.2.4.3 Weaknesses/Competitive threats 193
14.1.3 CLIMATE ACTION RESERVE 194
14.1.3.1 Business overview 194
14.1.3.2 Products/Solutions/Services offered 194
14.1.3.3 Recent developments 195
14.1.3.3.1 Deals 195
14.1.3.3.2 Expansions 195
14.1.3.4 MnM view 196
14.1.3.4.1 Key strengths/Right to win 196
14.1.3.4.2 Strategic choices 196
14.1.3.4.3 Weaknesses/Competitive threats 196
14.1.4 TÜV SÜD 197
14.1.4.1 Business overview 197
14.1.4.2 Products/Solutions/Services offered 198
14.1.4.3 Recent developments 199
14.1.4.3.1 Deals 199
14.1.4.4 MnM view 199
14.1.4.4.1 Key strengths/Right to win 199
14.1.4.4.2 Strategic choices 200
14.1.4.4.3 Weaknesses/Competitive threats 200
14.1.5 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA 201
14.1.5.1 Business overview 201
14.1.5.2 Products/Solutions/Services offered 202
14.1.5.3 Recent developments 203
14.1.5.3.1 Deals 203
14.1.5.3.2 Expansions 203
14.1.5.3.3 Others developments 204
14.1.5.4 MnM view 204
14.1.5.4.1 Key strengths/Right to win 204
14.1.5.4.2 Strategic choices 204
14.1.5.4.3 Weaknesses/Competitive threats 204
14.1.6 ACR 205
14.1.6.1 Business overview 205
14.1.6.2 Products/Solutions/Services offered 205
14.1.6.3 Recent developments 206
14.1.6.3.1 Product launches 206
14.1.6.3.2 Deals 206
14.1.6.3.3 Expansions 206
14.1.7 DNV GL 207
14.1.7.1 Business overview 207
14.1.7.2 Products/Solutions/Services offered 207
14.1.7.3 Recent developments 208
14.1.7.3.1 Expansions 208
14.1.8 INTERTEK GROUP PLC 209
14.1.8.1 Business overview 209
14.1.8.2 Products/Solutions/Services offered 210
14.1.8.3 Recent developments 211
14.1.8.3.1 Product launches 211
14.1.8.3.2 Deals 211
14.1.9 BUREAU VERITAS 212
14.1.9.1 Business overview 212
14.1.9.2 Products/Solutions/Services offered 213
14.1.9.3 Recent developments 214
14.1.9.3.1 Deals 214
14.1.9.3.2 Expansions 214
14.1.10 THE ERM INTERNATIONAL GROUP LIMITED 215
14.1.10.1 Business overview 215
14.1.10.2 Products/Solutions/Services offered 215
14.1.10.3 Recent developments 216
14.1.10.3.1 Product launches 216
14.1.10.3.2 Deals 216
14.1.10.3.3 Expansions 217
14.1.11 SCS GLOBAL SERVICES 218
14.1.11.1 Business overview 218
14.1.11.2 Products/Solutions/Services offered 218
14.1.11.3 Recent developments 219
14.1.11.3.1 Product launches 219
14.1.11.3.2 Expansions 219
14.1.12 CLIMATE IMPACT PARTNERS 220
14.1.12.1 Business overview 220
14.1.12.2 Products/Solutions/Services offered 220
14.1.12.3 Recent developments 221
14.1.12.3.1 Deals 221
14.1.13 RINA S.P.A. 223
14.1.13.1 Business overview 223
14.1.13.2 Products/Solutions/Services offered 223
14.1.13.3 Recent developments 224
14.1.13.3.1 Developments 224
14.1.14 AENOR 225
14.1.14.1 Business overview 225
14.1.14.2 Products/Solutions/Services offered 226
14.1.15 SUSTAINCERT 227
14.1.15.1 Business overview 227
14.1.15.2 Products/Solutions/Services offered 227
14.1.15.3 Recent developments 228
14.1.15.3.1 Product launches 228
14.1.15.3.2 Deals 228
14.1.16 CARBONCHECK 230
14.1.16.1 Business overview 230
14.1.16.2 Products/Solutions/Services offered 230
14.1.16.3 Recent developments 231
14.1.16.3.1 Expansions 231
14.1.16.3.2 Other developments 231
14.1.17 ANEW CLIMATE, LLC 232
14.1.17.1 Business overview 232
14.1.17.2 Products/Solutions/Services offered 232
14.1.17.3 Recent developments 233
14.1.17.3.1 Deals 233
14.1.17.3.2 Expansions 234
14.1.18 THE CARBON TRUST 235
14.1.18.1 Business overview 235
14.1.18.2 Products/Solutions/Services offered 235

14.1.19 FIRST ENVIRONMENT INC. 236
14.1.19.1 Business overview 236
14.1.19.2 Products/Solutions/Services offered 236
14.1.20 ASTER GLOBAL ENVIRONMENTAL SOLUTIONS, INC. 237
14.1.20.1 Business overview 237
14.1.20.2 Products/Solutions/Services offered 237
14.2 OTHER PLAYERS 238
14.2.1 CENTER FOR RESOURCE SOLUTIONS 238
14.2.2 COTECNA 239
14.2.3 OUROFFSET NONPROFIT LLC 240
14.2.4 CARBON CREDIT CAPITAL 241
14.2.5 CONTROL UNION 242
15 RESEARCH METHODOLOGY 243
15.1 RESEARCH DATA 243
15.1.1 SECONDARY DATA 244
15.1.1.1 List of key secondary sources 244
15.1.1.2 Key data from secondary sources 244
15.1.2 PRIMARY DATA 245
15.1.2.1 Key data from primary sources 245
15.1.2.2 List of primary interview participants 246
15.1.2.3 Key industry insights 246
15.1.2.4 Breakdown of primary interviews 247
15.2 MARKET SIZE ESTIMATION 247
15.2.1 BOTTOM-UP APPROACH 247
15.2.2 TOP-DOWN APPROACH 248
15.2.3 MARKET SIZE CALCULATION FOR BASE YEAR 250
15.2.3.1 Demand-side analysis 250
15.2.3.1.1 Demand-side assumptions 250
15.2.3.1.2 Demand-side calculations 251
15.2.3.2 Supply-side analysis 252
15.2.3.2.1 Supply-side assumptions 253
15.2.3.2.2 Supply-side calculations 253
15.3 MARKET FORECAST APPROACH 253
15.3.1 SUPPLY SIDE 253
15.3.2 DEMAND SIDE 253
15.4 DATA TRIANGULATION 254
15.5 FACTOR ANALYSIS 255
15.6 RESEARCH ASSUMPTIONS AND LIMITATIONS 255
15.7 RISK ANALYSIS 256

16 APPENDIX 257
16.1 INSIGHTS FROM INDUSTRY EXPERTS 257
16.2 DISCUSSION GUIDE 257
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 260
16.4 CUSTOMIZATION OPTIONS 262
16.5 RELATED REPORTS 262
16.6 AUTHOR DETAILS 263

LIST OF TABLES

TABLE 1 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INCLUSIONS AND EXCLUSIONS 27
TABLE 2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: SUMMARY OF CHANGES 30
TABLE 3 INTERCONNECTED MARKETS 50
TABLE 4 STRATEGIC FOCUS OF TIER-1/2/3 PLAYERS 52
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ANALYSIS 54
TABLE 6 GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2029 57
TABLE 7 ROLE OF COMPANIES IN CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION ECOSYSTEM 62
TABLE 8 LIST OF KEY CONFERENCES AND EVENTS, 2026 63
TABLE 9 VERRA PARTNERS WITH FCPF TO CREATE CARBON CREDITING STANDARD
FOR REDD+ ACTIVITIES 66
TABLE 10 GOLD STANDARD APPROVES GROUNDBREAKING METHODOLOGY FOR DECENTRALIZED ORGANIC WASTE PROCESSING DEVELOPED BY LOMI
TO REDUCE WASTE 66
TABLE 11 MISSISSIPPI ALLUVIAL VALLEY ACHIEVES BIODIVERSITY CONSERVATION AND CARBON CREDIT GENERATION THROUGH ACR’S GREENTREES PROJECT 67
TABLE 12 SCS GLOBAL SERVICES CERTIFIES FRESH DEL MONTE PRODUCE’S NEW DEL MONTE ZERO PINEAPPLES TO MEET DEMAND FOR SUSTAINABLE PRODUCTS 67
TABLE 13 LIST OF KEY PATENTS, 2022–2025 74
TABLE 14 PRICING RANGE OF CARBON CREDIT SERVICES, 2024 75
TABLE 15 ENERGY, UTILITIES & INDUSTRIAL DECARBONIZATION 77
TABLE 16 NATURE-BASED SOLUTIONS (AGRICULTURE & FORESTRY) 77
TABLE 17 WATER & WASTEWATER MANAGEMENT 78
TABLE 18 TOP USE CASES AND MARKET POTENTIAL 79
TABLE 19 AI-RELATED USE CASES OF ORGANIZATIONS IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 79
TABLE 20 CASE STUDIES RELATED TO AI/GEN AI IMPLEMENTATION 80
TABLE 21 INTERCONNECTED ECOSYSTEM AND IMPACT ON MARKET PLAYERS 80
TABLE 22 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 82
TABLE 23 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 83
TABLE 24 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 84
TABLE 25 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 85
TABLE 26 CODES AND REGULATIONS 85
TABLE 27 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION STANDARDS 87
TABLE 28 CERTIFICATIONS, LABELING, AND ECO-STANDARDS 90
TABLE 29 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR KEY APPLICATIONS 92
TABLE 30 KEY BUYING CRITERIA FOR KEY APPLICATIONS 93
TABLE 31 UNMET NEEDS, BY APPLICATION 94
TABLE 32 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2021–2024 (USD MILLION) 100
TABLE 33 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2025–2030 (USD MILLION) 101
TABLE 34 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2021–2024 (MILLION TONS) 101
TABLE 35 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2025–2030 (MILLION TONS) 101
TABLE 36 VOLUNTARY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 103
TABLE 37 VOLUNTARY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 103
TABLE 38 COMPLIANCE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 104
TABLE 39 COMPLIANCE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 105
TABLE 40 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APPLICATION, 2021–2024 (USD MILLION) 107
TABLE 41 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY APPLICATION, 2025–2030 (USD MILLION) 108
TABLE 42 ENERGY & UTILITIES: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 109
TABLE 43 ENERGY & UTILITIES: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 109
TABLE 44 TRANSPORTATION: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 110
TABLE 45 TRANSPORTATION: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 111
TABLE 46 AGRICULTURE & FORESTRY: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 112
TABLE 47 AGRICULTURE & FORESTRY: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 112
TABLE 48 WATER & WASTEWATER MANAGEMENT: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION,
2021–2024 (USD MILLION) 114
TABLE 49 WATER & WASTEWATER MANAGEMENT: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION,
2025–2030 (USD MILLION) 114
TABLE 50 INDUSTRIAL: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 115
TABLE 51 INDUSTRIAL: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 115
TABLE 52 OTHER APPLICATIONS: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 116
TABLE 53 OTHER APPLICATIONS: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 117
TABLE 54 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY REGION, 2021–2024 (USD MILLION) 120
TABLE 55 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY REGION, 2025–2030 (USD MILLION) 120

TABLE 56 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 122
TABLE 57 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 123
TABLE 58 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 123
TABLE 59 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 123
TABLE 60 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 124
TABLE 61 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 124
TABLE 62 US: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2021–2024 (USD MILLION) 125
TABLE 63 US: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2025–2030 (USD MILLION) 126
TABLE 64 CANADA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 127
TABLE 65 CANADA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 127
TABLE 66 MEXICO: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 128
TABLE 67 MEXICO: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 128
TABLE 68 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 130
TABLE 69 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 130
TABLE 70 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 130
TABLE 71 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 131
TABLE 72 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 131
TABLE 73 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 131
TABLE 74 CHINA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 132
TABLE 75 CHINA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 132
TABLE 76 INDIA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 133
TABLE 77 INDIA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET BY TYPE, 2025–2030 (USD MILLION) 134
TABLE 78 REST OF ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 134
TABLE 79 REST OF ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 135
TABLE 80 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET BY COUNTRY, 2021–2024 (USD MILLION) 136

TABLE 81 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 136
TABLE 82 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 136
TABLE 83 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 137
TABLE 84 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 137
TABLE 85 EUROPE: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 137
TABLE 86 GERMANY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET BY TYPE, 2021–2024 (USD MILLION) 138
TABLE 87 GERMANY: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 139
TABLE 88 UK: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET,
BY TYPE, 2021–2024 (USD MILLION) 140
TABLE 89 UK: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET
BY TYPE, 2025–2030 (USD MILLION) 140
TABLE 90 REST OF EUROPE: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 142
TABLE 91 REST OF EUROPE: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 142
TABLE 92 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2021–2024 (USD MILLION) 143
TABLE 93 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY REGION, 2025–2030 (USD MILLION) 143
TABLE 94 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 143
TABLE 95 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 144
TABLE 96 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 144
TABLE 97 ROW: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 144
TABLE 98 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 145
TABLE 99 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 146
TABLE 100 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 146
TABLE 101 SOUTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 146
TABLE 102 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2021–2024 (USD MILLION) 148
TABLE 103 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY TYPE, 2025–2030 (USD MILLION) 149
TABLE 104 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 149
TABLE 105 MIDDLE EAST & AFRICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 149

TABLE 106 GCC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 149
TABLE 107 GCC: CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 150
TABLE 108 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY KEY PLAYERS, FEBRUARY
2022–FEBRUARY 2026 152
TABLE 109 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DEGREE OF COMPETITION, 2024 154
TABLE 110 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: REGION FOOTPRINT 160
TABLE 111 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
TYPE FOOTPRINT 161
TABLE 112 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: APPLICATION FOOTPRINT 162
TABLE 113 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DETAILED LIST OF KEY STARTUPS/SMES 165
TABLE 114 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 165
TABLE 115 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: PRODUCT LAUNCHES, FEBRUARY 2022–FEBRUARY 2026 168
TABLE 116 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
DEALS, FEBRUARY 2022–FEBRUARY 2026 171
TABLE 117 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: EXPANSIONS, FEBRUARY 2022–FEBRUARY 2026 180
TABLE 118 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
OTHER DEVELOPMENTS, FEBRUARY 2022–FEBRUARY 2026 183
TABLE 119 VERRA: COMPANY OVERVIEW 184
TABLE 120 VERRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 121 VERRA: PRODUCT LAUNCHES 186
TABLE 122 VERRA: DEALS 187
TABLE 123 GOLD STANDARD: COMPANY OVERVIEW 189
TABLE 124 GOLD STANDARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
TABLE 125 GOLD STANDARD: PRODUCT LAUNCHES 190
TABLE 126 GOLD STANDARD: DEALS 191
TABLE 127 GOLD STANDARD: OTHER DEVELOPMENTS 192
TABLE 128 CLIMATE ACTION RESERVE: COMPANY OVERVIEW 194
TABLE 129 CLIMATE ACTION RESERVE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
TABLE 130 CLIMATE ACTION RESERVE: DEALS 195
TABLE 131 CLIMATE ACTION RESERVE: EXPANSIONS 195
TABLE 132 TÜV SÜD: COMPANY OVERVIEW 197
TABLE 133 TÜV SÜD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
TABLE 134 TÜV SÜD: DEALS 199
TABLE 135 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY OVERVIEW 201
TABLE 136 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: PRODUCTS/SOLUTIONS/ SERVICES OFFERED 202

TABLE 137 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: DEALS 203
TABLE 138 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: EXPANSIONS 203
TABLE 139 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: OTHER DEVELOPMENTS 204
TABLE 140 ACR: COMPANY OVERVIEW 205
TABLE 141 ACR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 142 ACR: PRODUCT LAUNCHES 206
TABLE 143 ACR: DEALS 206
TABLE 144 ACR: EXPANSIONS 206
TABLE 145 DNV GL: COMPANY OVERVIEW 207
TABLE 146 DNV GL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 147 DNV GL: EXPANSIONS 208
TABLE 148 INTERTEK GROUP PLC: COMPANY OVERVIEW 209
TABLE 149 INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 150 INTERTEK GROUP PLC: PRODUCT LAUNCHES 211
TABLE 151 INTERTEK GROUP PLC: DEALS 211
TABLE 152 BUREAU VERITAS: COMPANY OVERVIEW 212
TABLE 153 BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 154 BUREAU VERITAS: DEALS 214
TABLE 155 BUREAU VERITAS: EXPANSIONS 214
TABLE 156 THE ERM INTERNATIONAL GROUP LIMITED: COMPANY OVERVIEW 215
TABLE 157 THE ERM INTERNATIONAL GROUP LIMITED: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 215
TABLE 158 THE ERM INTERNATIONAL GROUP LIMITED: PRODUCT LAUNCHES 216
TABLE 159 THE ERM INTERNATIONAL GROUP LIMITED: DEALS 216
TABLE 160 THE ERM INTERNATIONAL GROUP LIMITED: EXPANSIONS 217
TABLE 161 SCS GLOBAL SERVICES: COMPANY OVERVIEW 218
TABLE 162 SCS GLOBAL SERVICES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 218
TABLE 163 SCS GLOBAL SERVICES: PRODUCT LAUNCHES 219
TABLE 164 SCS GLOBAL SERVICES: EXPANSIONS 219
TABLE 165 CLIMATE IMPACT PARTNERS: COMPANY OVERVIEW 220
TABLE 166 CLIMATE IMPACT PARTNERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 167 CLIMATE IMPACT PARTNERS: DEALS 221
TABLE 168 RINA S.P.A.: COMPANY OVERVIEW 223
TABLE 169 RINA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 170 RINA S.P.A.: DEVELOPMENTS 224
TABLE 171 AENOR: COMPANY OVERVIEW 225
TABLE 172 AENOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 173 SUSTAINCERT: COMPANY OVERVIEW 227
TABLE 174 SUSTAINCERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 227
TABLE 175 SUSTAINCERT: PRODUCT LAUNCHES 228
TABLE 176 SUSTAINCERT: DEALS 228

TABLE 177 CARBONCHECK: COMPANY OVERVIEW 230
TABLE 178 CARBONCHECK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 230
TABLE 179 CARBONCHECK: EXPANSIONS 231
TABLE 180 CARBONCHECK: OTHER DEVELOPMENTS 231
TABLE 181 ANEW CLIMATE, LLC: COMPANY OVERVIEW 232
TABLE 182 ANEW CLIMATE, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 232
TABLE 183 ANEW CLIMATE, LLC: DEALS 233
TABLE 184 ANEW CLIMATE, LLC: EXPANSIONS 234
TABLE 185 THE CARBON TRUST: COMPANY OVERVIEW 235
TABLE 186 THE CARBON TRUST: PRODUCTS/SOLUTIONS/SERVICES OFFERED 235
TABLE 187 FIRST ENVIRONMENT INC.: COMPANY OVERVIEW 236
TABLE 188 FIRST ENVIRONMENT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 189 ASTER GLOBAL ENVIRONMENT SOLUTIONS, INC.: COMPANY OVERVIEW 237
TABLE 190 ASTER GLOBAL ENVIRONMENT SOLUTIONS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 191 CENTER FOR RESOURCE SOLUTIONS: COMPANY OVERVIEW 238
TABLE 192 COTECNA: COMPANY OVERVIEW 239
TABLE 193 OUROFFSET NONPROFIT LLC: COMPANY OVERVIEW 240
TABLE 194 CARBON CREDIT CAPITAL: COMPANY OVERVIEW 241
TABLE 195 CONTROL UNION: COMPANY OVERVIEW 242
TABLE 196 MAJOR SECONDARY SOURCES 244
TABLE 197 PRIMARY INTERVIEW PARTICIPANTS, BY COMPANY 246
TABLE 198 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
RISK ANALYSIS 256

LIST OF FIGURES

FIGURE 1 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET SEGMENTATION AND REGIONAL SCOPE 26
FIGURE 2 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DURATION CONSIDERED 28
FIGURE 3 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION
MARKET SCENARIO 32
FIGURE 4 GLOBAL CARBON CREDIT VALIDATION, VERIFICATION AND CERTIFICATION MARKET, 2021–2030 32
FIGURE 5 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET, 2022–2026 33
FIGURE 6 DISRUPTIONS IMPACTING GROWTH OF CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET 34
FIGURE 7 HIGH-GROWTH SEGMENTS IN CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET, 2025–2030 35
FIGURE 8 ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 36
FIGURE 9 EXPANSION OF HIGH-INTEGRITY CARBON PROJECTS TO DRIVE MARKET
BETWEEN 2025 AND 2030 37
FIGURE 10 VOLUNTARY AND AGRICULTURE & FORESTRY SEGMENTS HELD LARGEST SHARES OF MARKET IN ASIA PACIFIC IN 2024 38
FIGURE 11 VOLUNTARY SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2030 39
FIGURE 12 AGRICULTURE & FORESTRY SEGMENT TO HOLD LARGEST SHARE OF CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET IN 2030 39
FIGURE 13 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR BETWEEN 2025 AND 2030 40
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 42
FIGURE 15 NATURE-BASED SOLUTIONS LEAD CARBON CREDIT ISSUANCE, FOLLOWED
BY RENEWABLE ENERGY AND HOUSEHOLD DEVICES, IN 2024 46
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS 55
FIGURE 17 SUPPLY CHAIN ANALYSIS 60
FIGURE 18 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION ECOSYSTEM 62
FIGURE 19 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 65
FIGURE 20 INVESTMENT AND FUNDING SCENARIO, 2021–2024 65
FIGURE 21 PATENTS APPLIED AND GRANTED, 2016–2025 73
FIGURE 22 FUTURE APPLICATIONS OF CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION SERVICES 76
FIGURE 23 SUCCESS STORIES AND REAL-WORLD APPLICATIONS 81
FIGURE 24 DECISION-MAKING FACTORS 91
FIGURE 25 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR MAJOR APPLICATIONS 92
FIGURE 26 KEY BUYING CRITERIA FOR MAJOR APPLICATIONS 93
FIGURE 27 VOLUNTARY SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024 100
FIGURE 28 AGRICULTURE & FORESTRY SEGMENT CAPTURED LARGEST MARKET SHARE
IN 2024 107
FIGURE 29 ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2025 TO 2030 120
FIGURE 30 NORTH AMERICA: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET SNAPSHOT 122
FIGURE 31 ASIA PACIFIC: CARBON CREDIT VALIDATION, VERIFICATION,
AND CERTIFICATION MARKET SNAPSHOT 129
FIGURE 32 MARKET SHARE ANALYSIS OF COMPANIES OFFERING CARBON CREDIT, VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES, 2024 154
FIGURE 33 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: REVENUE ANALYSIS OF TOP THREE PLAYERS, 2020–2024 155
FIGURE 34 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 158
FIGURE 35 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY FOOTPRINT 159
FIGURE 36 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 164
FIGURE 37 COMPANY VALUATION 166
FIGURE 38 FINANCIAL METRICS 166
FIGURE 39 BRAND/PRODUCT COMPARISON 167
FIGURE 40 VERRA: COMPANY SNAPSHOT 185
FIGURE 41 TÜV SÜD: COMPANY SNAPSHOT 198
FIGURE 42 SGS SOCIÉTÉ GÉNÉRALE DE SURVEILLANCE SA: COMPANY SNAPSHOT 202
FIGURE 43 INTERTEK GROUP PLC: COMPANY SNAPSHOT 210
FIGURE 44 BUREAU VERITAS: COMPANY SNAPSHOT 213
FIGURE 45 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: RESEARCH DESIGN 243
FIGURE 46 DATA CAPTURED FROM SECONDARY SOURCES 244
FIGURE 47 DATA CAPTURED FROM PRIMARY SOURCES 245
FIGURE 48 CORE FINDINGS FROM INDUSTRY EXPERTS 246
FIGURE 49 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION,
AND REGION 247
FIGURE 50 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: BOTTOM-UP APPROACH 248
FIGURE 51 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
TOP-DOWN APPROACH 249
FIGURE 52 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DEMAND-SIDE ANALYSIS 250
FIGURE 53 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: DEMAND-SIDE CALCULATIONS 251
FIGURE 54 KEY METRICS CONSIDERED TO ASSESS SUPPLY OF CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION SERVICES 252
FIGURE 55 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: SUPPLY-SIDE ANALYSIS 252
FIGURE 56 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET:
DATA TRIANGULATION 254
FIGURE 57 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION:
FACTOR ANALYSIS 255
FIGURE 58 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: RESEARCH ASSUMPTIONS AND LIMITATIONS 255
FIGURE 59 CARBON CREDIT VALIDATION, VERIFICATION, AND CERTIFICATION MARKET: INSIGHTS FROM INDUSTRY EXPERTS 257

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