An E3G-Chatham House report, Innovation and Technology Transfer: Framework for a Global Climate Deal, released December 4th 2008, is calling for urgent global investment in low carbon and adaptation innovation to be a central component of a new Global Climate Deal.
This increase in global R&D investment, roughly equivalent to that of the space race era, needs to be delivered within the next decade to achieve climate security. Stabilising global temperature increases below 2°C will require global emissions to peak and reduce in the next 10-15 years. The E3G-Chatham House analysis shows that current approaches to low carbon innovation and deployment are not adequate to meet the climate change challenge. Lead author, Shane Tomlinson of E3G, explains:
Climate change presents the world with a unique challenge. The Earth’s capacity to absorb and adapt to temperature increases and climatic changes puts a very real time limit on when low carbon and adaptation technologies need to be delivered.
To avoid locking our economies into high carbon growth we need to transform global cooperation to simultaneously develop and deploy new technologies in rich and poor countries within this timeframe. This will require a very rapid shift towards new innovations such as low carbon energy sources and drought resistant crops.” More >>>
