At COP 21 governments are schedulded to reach a new international climate agreement to keep global temperature rise below 2/1.5 degrees Celsius compared to pre-industrial levels. Achieving this goal will require a truly global response from all governments, cities, businesses, investors and civil society.
There has already been an unprecedented response from state and non-state actors to pledge more ambitious climate action now and into the future. To showcase this, COP 21 will include a set of action-oriented events under the Lima to Paris Action Agenda (LPAA).
On 8 December, the LPAA events focused on innovation. Scaling up public and private investments in low-carbon energy technology Research Development and Demonstration (RD&D) is essential to meet the challenges of deep decarbonisation, economic growth, energy access, and energy security. The full potential of innovation can be realised by integrated policy and market frameworks that approach innovation with a systems perspective. Cooperation that helps developing countries to be more involved in innovation is key to develop better suited technologies for their local contexts.
ICTSD participated in the LPAA Innovation Day side event. Ricardo Meléndez-Ortiz, ICTSD's chief executive spoke in the panel on “Enhancing Innovation Capacity in Developing Countries”.
The session took place on Tuesday, 8 December at 17:00 in Observer Room 12.