As Carbon Credits Market Skyrockets, Ecoterra Emerges as the Next Cryptocurrency to Explode – Here's How to Buy Early

cryptonews.com:

As climate change begins to bite, nations around the world are desperately embracing emerging technologies that aim to tackle shifting weather patterns. 

At the heart of these efforts are voluntary carbon credits which aim to hold corporations to account via carbon emission offsetting.

The Global Carbon Credit market, valued at USD 760.28 Billion in 2021, is expected to grow at an impressive CAGR of 21.14% during the forecast period of 2023-2028. 

With huge growth on the cards, and a limited ability to quickly produce more, market excitement is growing around voluntary carbon credits as a scarcity asset.

This exponential growth is attributed to the increasing number of prominent corporate net-zero commitments and the ensuing demand for carbon credits en masse.

As businesses globally seek to achieve more aggressive and earlier sustainability goals, carbon credits have become increasingly important. 

These credits allow companies to offset their current emissions while taking cost-effective steps to reduce future emissions through asset turnover and evolving business models. 

In the long run, credits are crucial for offsetting hard-to-abate emissions from items that lack low or zero-emission alternatives.

The demand surge in the offsetting market is driven by heightened global awareness of environmental challenges - catalysed by COP26. 

Companies now recognise the environmental and social value of offsetting projects and are taking climate action by compensating for their carbon footprint. 

This growing interest has led to significant advances in the voluntary offset market, with an increasing number of transactions occurring through specialised carbon credit exchanges and trading platforms.

Decentralizing and democratizing carbon