From 2017 to 2019, the global voluntary carbon trading market generated nearly $400 million in transactions through forestry carbon credits amounting to 105 million tons of CO2 equivalent. This market continues to thrive, with transaction volumes exceeding $50 million. From 2017 to 2019, the California-Quebec Emissions Trading System issued 83 million forest carbon credits totaling $1.2 billion, while the New Zealand Emissions Trading System issued 38 million forest carbon credits totaling nearly $800 million. markets, including Australia's emissions reduction fund, Colombia's carbon tax, and South Korea's emissions trading system, have a significant demand for forest carbon credits. From a global perspective, there is significant demand for carbon trading markets, such as in Colombia, New Zealand, and California, USA. The global focus on carbon trading markets is largely on their future growth expectations, as both the volume and pricing of forest offset markets are on the rise, and carbon emissions trading is anticipated to see significant increases in the future