Innovation and Technology Transfer: Framework for a Global Climate Deal
Organisation: E3G and Chatham House
Publish Date: November 2008
Country: Global
Sector: Innovation
Method: Creative thinking
Theme: Climate Change
Type: Report
Language: English
Tags: Innovation, Energy, Technology transfer, Climate change, Intellectual property rights, IPR
Faster and broader innovation of new technology is critical for achieving low carbon and climate resilient development. Stabilising global temperature increases below 2°C will require global emissions to peak and reduce in the next 10-15 years. 1 Achieving this pathway reduces the probability of exceeding 4°C of warming – where crossing catastrophic climate change tipping points is highly likely – to under 1%; delaying global peaking by 20 years would increase the probability of 4°C to 10%. 2 Meeting these goals poses a unique public policy challenge: delivery of new technologies and massive shifts of investment on a global scale inside a specific time frame. The urgency of developing new technology is compounded by the existing global energy system investment cycle.
Located in: Resources