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World Bank, Millennium Ecosystem Assessment
Uploaded on Tuesday 21 Feb 2012
Total carbon market value per year
Philippe Rekacewicz, Emmanuelle Bournay, UNEP/GRID-Arendal
The total value of the carbon market for 2003 topped $300 million. And, depending on international regulation, some observers project that it will increase to $10–40 billion by 2010. Markets are also being created for more diverse commodities ranging from aquifer recharge credits, renewable energy credits, wasteload allocations for point and non-point source pollutants, and mitigation credits for wetlands, biodiversity, and riparian buffer zones.