PUBLISHER: Orion Market Research | PRODUCT CODE: 1350989
PUBLISHER: Orion Market Research | PRODUCT CODE: 1350989
Title: Global Environment Conservation and Wildlife Organization Market Size, Share & Trends Analysis Report by Type (Natural Resource Conservation, Land Resources Conservation, Wildlife Preservation and Protection, Environmental Beautification, and Others), by Organization Location (Domestic, and International), by Environment Policy (Environmental protection, Climate Change, Renewable Energy, and Sustainable Development),Forecast Period (2023-2030).
The global environment conservation and wildlife organization market is anticipated to grow at a CAGR of 7.2% during the forecast period (2023-2030). Natural habitats are constantly changing due to both natural dynamics and human intervention. But while the ecosystems of the planet can control natural change, human-induced change frequently has disastrous or irreversible repercussions on the environment. The growth of environmental conservation and wildlife organizations is attributed to a number of factors, including sustainable development practices, public support for advocacy, involvement, and engagement of other countries, and government policies and regulations. For Instance, In November 2022, The Partnership to track progress on the Glasgow deforestation pledge was established by the Conference of the Parties (COP) Countries. The Forest and Climate Leaders' Cooperation (FCLP), a voluntary cooperation, was established by 26 nations with the goal of accelerating efforts to halt and reverse deforestation and land degradation by 2030. These countries collectively make up about 35% of the global forest.
The global environment conservation and wildlife organization market is segmented on the type, organization location, and environmental policy. Based on the type, the market is sub-segmented into natural resource conservation, land resources conservation, wildlife preservation and protection, environmental beautification, and others. Based on the organization location, the market is sub-segmented into domestic and international. Furthermore, on the basis of environmental policy market is sub-segmented into environmental protection, climate change, renewable energy, and sustainable development. Among the organization location, the international sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of engaging and innovative techniques in global environment conservation and wildlife organization.
Among the Environmental policy, the renewable energy sub-segment is expected to hold a considerable share of the global environment conservation and wildlife organization market. Since it has several advantages over traditional energy sources like fossil fuels, renewable energy is crucial for conserving the environment. Lowering greenhouse gas emissions, lowering air pollution, conserving water resources, protecting the ecosystem, fostering sustainable development, boosting energy security, and fostering technical developments are just a few of its many important advantages. For Instance, in January 2023, The Saudi Power Procurement Company (SPPC) launched construction on five new renewable energy power generation projects with a combined 3,300 megawatts of capacity. The initiatives include solar and wind energy production.
The global environment conservation and wildlife organization market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including the Australian Conservation Foundation, Society for the Conservation of Nature and Environment, Royal Society for Protection of Nature, Conservation Association, Energy and Environment Management Centre and others.
Among all regions, the North American region is anticipated to grow at a considerable CAGR over the forecast period. The impact of human activities on the environment and wildlife cause heightened awareness has led to an increased demand for an organization that works toward the conservation and protection of the environment and wildlife. The government in North America has implemented various policies and initiatives to promote environmental conservation and protect wildlife. For Instance, in March 2023 The US administration announces the allocation of almost $250 million to fund innovative efforts to combat climate pollution. These planning funds from the $5 billion Climate Pollution Reduction Funds (CPRG) program established by President Biden's Inflation Reduction Act are being provided to states, local governments, Tribes, and territories through the U.S. Environmental Protection Agency (EPA).
Hence, there is a considerable shift in the country towards the adoption of environment conservation and wildlife organization market solutions. Various environmental issues such as climate change, deforestation, and pollution transcend national boundaries. North America collaborates with countries by working together on coordinated strategies and policies to protect and restore the ecosystem. For instance, in August 2020, The UN Environment Programme (UNEP) and ReNew Power, India's renewable energy provider, are collaborating together to advance greater access to renewable energy and increased energy efficiency. Additionally, the alliance will carry out solar off-grid projects, investigations, and evaluations. Annual gatherings will be used to highlight joint efforts and highlight contributions to India's strategic vision for renewable energy.
The major companies serving the environment conservation and wildlife organization market include: the National wildlife federation, BioCarbon Fund Initiative, Conservation International, Defender of Wildlife, Earth System Government Project, Fin Free, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, the partnership for the Future of EPA was established by the Environmental Working Group (EWG) and the Household & Commercial Products Association (HCPA). The collaborative initiative will help inform politicians on the EPA's responsibilities, economic effect, and organizational and infrastructure needs while also arguing for increased funding for the U.S. Environmental Protection Agency (EPA).