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Calculating the costs and benefits of climate action
The Climate Initiative Value Calculation (CIVIC) Workbook is a benefit-cost analysis tool created to help Indiana and US local governments measure the value of carbon-cutting actions to address climate change and evaluate the cost effectiveness of green initiatives.
Designed with input from local government staff, the workbook gives communities a validated method for weighing the costs and benefits of each project based on data specific to their needs.
The first edition of the CIVIC workbook covers 12 common sustainability projects, including community-wide programs and programs limited to local government operations. Users can experiment with program variables to evaluate multiple scenarios that differ in scale and scope. Additionally, the methodology, references, and project co-benefits are listed on each worksheet.
The CIVIC Workbook was created by students from the IU Kelley School of Business’s Net Impact chapter and Purdue University’s Environmental and Ecological Engineering program under ERI’s guidance. Questions about the tool can be submitted to email@example.com or the ERI hotline: 833-ERI-ATIU (374-2848).