Carbon management is a comprehensive carbon strategy that helps organizations identify carbon footprint and mitigate its carbon liability.
Carbon Management Software is a tool that aids organizations to embrace the carbon management strategies. It measures, manages, plans, stores and reports emission data, pertaining to various organizational activities at various levels. It also tracks the ongoing performance of the organizations by analyzing their carbon footprints.
Green House Gas (GHG) emissions reduction has become a focal point for the governments, organizations, and individuals, all over the world. The scale of adverse impact on the environment estimated to be caused by the GHG emissions is driving the carbon management market.
Governments, worldwide, are taking initiatives to reduce GHG Emissions by setting up energy related rules and regulations. Proposed Carbon Reduction Commitment (CRC) regulation by the UK, Greenhouse Gas Reporting Rule in the US, Carbon Pollution Reduction Scheme in Australia, Clean Air Act in Canada, Climate Change Response (Emissions Trading) Amendment Bill in New Zealand, Swiss Emissions Trading Scheme, and CO2 Tax in Switzerland, among others, are examples of the initiatives to reduce the GHG emissions.
The organizations in particular, have to meet GHG emission regulatory requirements to monitor, quantify, reduce and accurately report the comprehensive company wide data. The financial impact of non-compliance and consumers demand for energy efficient products are also forcing companies to include carbon management in their strategic plans. Increased awareness and responsibility towards contributing in the reduction of GHG emissions is driving consumers to prefer energy efficient products over others.
The report forecasts the size of the Global Carbon Management Software Market over the period 2008-2012. It segments the Global Carbon Management Software Market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the Global Carbon Management Software Market, and profiles some of the key vendors of this market.
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