![]() ![]() The remainder hold great promise but are in earlier stages. The maturity levels of the 12 technology categories are uneven: only 10 percent are commercially competitive, while a further 45 percent are commercially available but will require further cost reductions through innovation and scale-up to become competitive. Emerging economies in particular have a real opportunity to combine economic development and net-zero transition. 2 We recognize that substantial differences exist between countries in terms of their technological readiness and capabilities, as well as their economic and other priorities. And, critically, the search for sustainable tech solutions to drive decarbonization will need to be pursued in parallel with other goals such as affordability and energy security. These technologies will need not only to be proven technically (as many already have) but also to become commercially viable. The interdependency among these technologies is very high, meaning that they must scale together. ![]() 1 Based on data from McKinsey Sustainability Insights Global Marginal Abatement Cost Curve (MACC). ![]() Our analysis suggests that, collectively, 12 categories of climate technologies could potentially reduce as much as 90 percent of total man-made greenhouse-gas (GHG) emissions if deployed at scale. This article is a collaborative effort by Bernd Heid, Martin Linder, Sebastian Mayer, Anna Orthofer, and Mark Patel, representing views from the McKinsey Platform for Climate Technologies. ![]()
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