Technology transfer and innovation for low-carbon development

Author(s)

    • Black, Simon J.
    • Dussaux, Damien
    • Mao, Zhimin
    • Mckenna, Miles
    • Rafaty, Ryan
    • Touboul, Simon

Bibliographic Information

Technology transfer and innovation for low-carbon development

Miria A. Pigato ... [et al.]

(International development in focus)

World Bank Group, c2020

Available at  / 6 libraries

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Note

Other authors: Simon J. Black, Damien Dussaux, Zhimin Mao, Miles Mckenna, Ryan Rafaty, and Simon Touboul

Includes bibliographical references

Description and Table of Contents

Description

Technological revolutions have increased the world's wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement's objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.

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