Marginal Abatement Cost Curve (MACC)
The decarbonisation of the global economy in pursuit of the objectives of the Paris Agreement requires all stakeholders, particularly countries and companies, to act urgently and effectively to address their respective carbon footprints. Addressing this carbon footprint is associated with a wide range of mitigation strategies, including investing in clean energy, improving energy efficiency, and avoiding deforestation.1 Stakeholders looking to mitigate emissions thus face the daunting task of selecting from a multitude of options. To make informed decisions on the allocation of resources, stakeholders can benefit from an understanding of the cost and impact associated with different mitigation alternatives.
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