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Climate Change Special Initiative - Service Offerings

Climate change represents one of the key challenges the world is facing in the early 21st century. McKinsey's Climate Change Special Initiative is a cross-functional and cross-industry effort, which brings the latest insights, experience, and expertise from all parts of the firm to advise the world’s leading institutions on the business impact of climate change and their journey to a low-carbon economy.

We serve clients in the following areas:
Carbon Economics
Based on our greenhouse gas-abatement cost curve work, we provide private and public sector clients with the analytical capabilities and tools necessary to assess the opportunities, costs, and benefits of carbon-abatement measures, both for industry sectors and at a national level. We work with governments to help them shape their pathways to low-carbon economies, support both governments and companies in understanding and responding to carbon regulation, and help our clients take advantage of opportunities in the carbon markets. In addition, we assist clients in thoroughly assessing the potential risks of climate change and developing cost-effective adaptation strategies.
Energy Efficiency
Improving energy efficiency is not only one of the biggest levers to reducing carbon emissions, it is also a way to reduce energy costs for many sectors. We devise and implement strategies to help clients capture this value. Our suite of approaches promotes efficiency-based business models, integrated energy-efficiency operations, smart-grid strategies, and energy-efficient cities and buildings.
Water
Already a challenge to economies and businesses, water scarcity will become an even greater problem in the coming years. We work with clients to address the full spectrum of water-related challenges—helping companies adapt their water use and strategically accommodate water scarcity while working with governments to develop national water resource plans and adaptation strategies. For investors and equipment manufacturers, we develop "blue" technology perspectives and investment strategies.
Biosystems and Land Use
Climate change puts additional stress on global biosystems—affecting not only their ability to serve as carbon sinks but also the cost and availability of goods containing ingredients grown on land. We work with clients on low-carbon strategies related to biochemicals and biofuels, bioenergy, forestry (including REDD), agriculture, and food.
Clean Technology
Clean energy technologies are at the core of climate solutions. We have deep expertise in all major clean technologies, including wind, solar, tidal, geothermal, and CCS. We have developed a suite of business-building tools to help clients develop profitable, robust, and scalable green businesses and investment portfolios. We also serve private and public sector clients on the topic of electric vehicles and batteries.
Sustainability Transformation
Companies and governments increasingly understand the need to reduce the environmental impact of their activities. They aim to not only reduce their carbon footprint but to use natural resources responsibly, avoid waste and pollution, and manage related risks. We support this journey to sustainability by designing and executing environmental performance diagnostics and then devising and managing sustainability transformation programs along the client's value chain, from purchasing to marketing. We also develop strategies for sustainability, including those focused on environmental responsibility and green growth.
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Climate Change Special Initiative
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