Market
$5.5bn
Total Addressable Market (TAM)
$275m
Total Addressable Market (TAM)
$82.5m
Serviceable Obtainable Market (SOM)
$5.5bn in 2019
Voluntary carbon market was worth
30% in 2019
The nature-based-solutions offset market growth
6% per year
Expected growth of entire market
$40 per tonne
Caribbean governments currently paying around $40 per tonne to clean up decaying sargassum and put it in landfill