Technology transfer and the climate challenge

In previous chapters, it has been argued that a big investment push to transform energy production and use and to diversify into activities less vulnerable to climatic shocks is the basis for an integrated response to climate and development challenges. That push is to be spearheaded by public investments but it will be sustained only by crowding private investors into an expanding green economy. It must also be accompanied by the technological advances needed to meet mitigation and adaptation challenges. Those advances will entail diffusing existing low-emissions technologies, scaling up new, commercially ready technologies and advancing new breakthrough technologies.

Related Subject(s): Economic and Social Development