The carbon market grew by 80% in 2007 to reach an estimated value of US$60 billion for the year. Demand for carbon credits arises primarily from those countries that have taken on targets under the Kyoto Protocol, between 2008-2012. In the EU, over 1 billion tonnes of carbon dioxide were traded within the EU Emissions Trading Scheme during 2007.

Carbon Resource Management focuses on securing carbon credits for compliance through the Clean Development Mechanism (CDM) from developing countries. It is estimated that in the region of 950 million Certified Emission Reductions (CERs) from CDM projects were transacted in 2007.