Date | 2024 |
Tag | Target Setting |
The Climate Drive’s guide, “Leverage MACCs to Inform Decarbonization Strategy,” outlines a systematic approach for organizations to prioritize and implement effective decarbonization measures. It introduces Marginal Abatement Cost Curves (MACCs) as a tool to compare the cost-effectiveness and emissions reduction potential of various decarbonization levers. By analyzing both the financial and non-financial impacts of these levers, businesses can strategically select initiatives that align with their sustainability goals and operational priorities. The guide emphasizes the importance of a structured methodology to optimize emissions reduction efforts and achieve meaningful progress toward Net Zero targets.