What is Benchmarking?

Benchmarking is a strategic process often used by entities to standardize performance in relation to the best practices of their sector.12 ACE Observatory and its partners have developed a tool with a list of benchmarks and corresponding elements of quality that can be applied to increase the performance of countries in people-centered climate readiness. The ACE Observatory framework is broad in nature to improve national capacities and integrate multisectoral perspectives at all levels of governance. This means that if all benchmarks are reached and sustained, the achievement level of the country would be optimum for a just transition and to avert, minimize, and address climate risks.