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Climate Ambition Needs Targeted Technology Collaboration

  • Arunabha GhoshEmail author
  • Vaibhav Chaturvedi
  • Shikha Bhasin
Chapter

Abstract

It is widely accepted that technology development and diffusion is critical to meet climate targets, yet specific stakeholder and institutional roles, as well as integration costs, remain largely undefined at a macro level. This chapter sheds light on the elements that hold key to actualising technologies through frameworks that allow for cooperative and collaborative arrangements of burden-sharing, rather than maintaining strategic competitive advantages. It highlights, first, the kinds of technologies that will be crucial for meeting climate goals and the uncertainties associated with them. Uncertainties pertain to development pathways, economic growth, technological development and costs, socio-political factors, and secondary and tertiary impacts. Next, the chapter examines existing multilateral frameworks for technology development and diffusion to identify the gaps therein. Finally, it outlines the principles for more effective technology partnerships to meet stringent climate stabilisation targets and submits templates for three alternative modalities for technological development, ranging from those that are ready to scale but need commercial pilots, to horizon technologies that have significant risks.

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Copyright information

© Indian Council for Research on International Economic Relations (ICRIER) 2019

Authors and Affiliations

  • Arunabha Ghosh
    • 1
    Email author
  • Vaibhav Chaturvedi
    • 1
  • Shikha Bhasin
    • 1
  1. 1.Council on Energy, Environment and Water (CEEW)New DelhiIndia

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