IDEAS home Printed from https://ideas.repec.org/p/oec/stiaac/143-en.html

Driving low-carbon innovations for climate neutrality

Author

Listed:
  • Mario Cervantes
  • Chiara Criscuolo
  • Antoine Dechezleprêtre
  • Dirk Pilat

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.

Suggested Citation

  • Mario Cervantes & Chiara Criscuolo & Antoine Dechezleprêtre & Dirk Pilat, 2023. "Driving low-carbon innovations for climate neutrality," OECD Science, Technology and Industry Policy Papers 143, OECD Publishing.
    • Handle: RePEc:oec:stiaac:143-en
    DOI: 10.1787/8e6ae16b-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/8e6ae16b-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/8e6ae16b-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Coppens, Léo & Dietz, Simon & Venmans, Frank, 2025. "Optimal climate policy under exogenous and endogenous technical change: Making sense of the different approaches," Journal of Environmental Economics and Management, Elsevier, vol. 133(C).
    2. Ciola, Emanuele & Turco, Enrico Maria & Rizzati, Massimiliano Carlo Pietro & Bazzana, Davide & Vergalli, Sergio, 2025. "Taking the green pill: Macroeconomic and financial risks of the energy transition in the MATRIX model," Journal of Economic Behavior & Organization, Elsevier, vol. 239(C).
    3. Peterson Sonja & Semrau Finn Ole, 2024. "Innovationspolitik für die Transformation zur Klimaneutralität," Wirtschaftsdienst, Sciendo, vol. 104(5), pages 301-305, May.
    4. Leonie P. Meissner & Sonja Peterson & Finn Ole Semrau, 2026. "It’s not a sprint, it’s a marathon: reviewing governmental R&D support for environmental innovation," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 69(1), pages 1-27, January.
    5. Gatti, Donatella & Lo, Gaye-Del & Serranito, Francisco, 2026. "Unpacking the green box: Endogenous preferences and environmental policy stringency in European Countries," Ecological Economics, Elsevier, vol. 240(C).
    6. Campiglio, Emanuele & Spiganti, Alessandro & Wiskich, Anthony, 2024. "Clean innovation, heterogeneous financing costs, and the optimal climate policy mix," Journal of Environmental Economics and Management, Elsevier, vol. 128(C).
    7. Asna Ashari, Parsa & Blind, Knut, 2024. "The effects of hydrogen research and innovation on international hydrogen trade," Energy Policy, Elsevier, vol. 186(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:stiaac:143-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/scoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.