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Directing innovation towards a low-carbon future

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  • Joelle Noailly

Abstract

Achieving the ambition of limiting global warming to 1.5°C to 2°C by the end of the century as enacted in the Paris Climate Agreement will require massive investments in environmental technologies and a forceful change of path away from high-carbon technologies. This report presents novel descriptive evidence on global trends in patenting in low-carbon technologies, with a particular focus on the energy and road transport sector. The analysis discusses the role of public policies in driving the rate and the direction of innovation for a low-carbon future.

Suggested Citation

  • Joelle Noailly, 2022. "Directing innovation towards a low-carbon future," WIPO Economic Research Working Papers 72, World Intellectual Property Organization - Economics and Statistics Division.
    • Handle: RePEc:wip:wpaper:72
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    File URL: https://www.wipo.int/edocs/pubdocs/en/wipo-pub-econstat-wp-72-en-directing-innovation-towards-a-low-carbon-future.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Climate change; Innovation; Clean technologies; Patents; Energy; Electric vehicles; Environmental policy; Technology Policy;
    All these keywords.

    JEL classification:

    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment

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