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DRIVING LOW-CARBON INNOVATIONS FOR CLIMATE NEUTRALITY.
- Source :
- OECD Science, Technology & Industry Policy Papers; 3/2/2023, p1-67, 67p
- Publication Year :
- 2023
-
Abstract
- The transition to climate neutrality requires cost reductions in existing clean technologies to enable rapid deployment on a large scale, as well as the development of emerging technologies such as green hydrogen. This policy paper argues that science, technology, innovation, and industrial (STI&I) policies focusing on developing and deploying low-carbon technologies are crucial to achieving carbon neutrality. It notes however that the current level of innovation is insufficient to meet the net-zero challenge due to a policy emphasis on deployment rather than research and development (R&D) support. The paper explores the rationale for more ambitious STI&I policies targeted at R&D for climate neutrality and provides policy recommendations for an effective innovation policy for net-zero, including its interaction with the broader climate policy package. [ABSTRACT FROM AUTHOR]
- Subjects :
- CLIMATE change
COST control
RESEARCH & development
MILD steel
INDUSTRIALIZATION
Subjects
Details
- Language :
- English
- ISSN :
- 23074957
- Database :
- Complementary Index
- Journal :
- OECD Science, Technology & Industry Policy Papers
- Publication Type :
- Academic Journal
- Accession number :
- 177975443
- Full Text :
- https://doi.org/10.1787/8e6ae16b-en