If you use assistive technology (such as a screen reader) and need a
version of this document in a more accessible format, please email email@example.com.
Please tell us what format you need. It will help us if you say what assistive technology you use.
DECC has recently adopted a new target-consistent approach to value carbon savings to 2050. The new methodology sets the valuation of carbon at a level that is consistent with the UK Government’s domestic and international targets in the short- and long term. This new methodology has replaced the previous approach based on damage cost estimates.