Carbon credits are a market-based mechanism for reducing greenhouse gas emissions. They work by incentivizing companies to reduce their carbon footprint by allowing them to purchase carbon credits that represent a certain amount of emissions reductions.

In recent years, the carbon credits market has seen significant growth and evolution. One trend that has emerged is the increasing involvement of non-governmental organizations (NGOs) and civil society groups in the market. These groups are working to promote more sustainable practices and ensure that carbon credits are being used to support real emissions reductions. 

Another trend in the carbon credits market is the growing importance of corporate social responsibility (CSR). Many companies are now looking to reduce their carbon footprint as part of their CSR initiatives, and are using carbon credits as a way to achieve this goal.

In addition, there is a growing interest in voluntary carbon credits, which are purchased by individuals or companies who want to offset their carbon footprint. This market is expected to continue to grow as individuals and companies become more aware of their environmental impact and seek ways to reduce it. 

The carbon credits market is rapidly evolving and there are many opportunities for companies and individuals to get involved. By purchasing carbon credits and supporting sustainable practices, we can all help to reduce our carbon footprint and mitigate the effects of climate change.