This report provides the results of the multi-criteria analysis for the prioritisation and effective support of carbon efficient projects. We chose utilized a multi-criteria analysis (MCA) framework, that allows for CBIs with a wide range of activities and domains to be comparatively analyzed, regardless of differences in the types of impacts and metrics measured; moreover, this methodology allowed us to compare CBIs according to the preferences of different typologies of stakeholders, according to what they think should be prioritized in terms of CBIs’ contributions to a sustainability transition, as well as to what the perceived strengths of CBIs are in this respect.
We analyze the multiple dimensions of impact of CBIs in Europe in terms of their capacity to reduce environmental impacts, to improve societal and economic well-being, to be financially sustainable, to promote grassroots innovation, to improve social capital, social inclusion, the capabilities of beneficiaries and to engage in political activities. We use this data and apply an MCA to 44 CBIs, selected according to the quality and availability of consistent data, as well as the feasibility of calculating indicators for a maximum number of CBIs.
We present the methodology and results of the MCA and the 10 criteria used, covering GHG emissions, social inclusion, local economic impact, networking, etc., and alternative scenarios using values, or weights, determined by the CBIs, stakeholders as well as TESS researchers in order to conduct the MCA. We ranked the TESS CBIs, despite their heterogeneous characteristics (e.g. activities in a variety of domains, countries, different in size, aims, etc.), according to different – and possibly divergent – impacts which are difficult to measure using a common metric or units. In other words, we compared the impacts of TESS CBIs based on multiple criteria, and rank their performance according to a set of values expressed by different relevant stakeholders.