Rho Impact worked with Eclipse to establish the ECO Framework, which leverages CRANE (an open software tool) to assess the environmental impact of early-stage ventures. The model estimates carbon reduction much like an investor would evaluate an investment's future revenue and profit potential, making it widely applicable and powerful.
The ECO Framework comprises three key elements to estimate:
- 01 Total Market EmissionsThe estimated total GHG emissions in the market(s) addressed by an Eclipse portfolio technology.
- 02 Reduction PotentialThe estimated GHG intensity reduction (%) per unit of good or service of an Eclipse portfolio technology.
- 03 Penetration Rate by 2050The estimated market penetration rate of a company technology by 2050.