Managing the Climate Technology Transition
For India and other developing countries, the use of technology to address mitigation and adaptation challenges involves managing rapid technological change with limited financial, technical and institutional capabilities. A successful transformation would involve the improvement of domestic capacity to absorb new technology, the creation of conditions for their incremental improvement and the creation of an institutional environment that allows for innovation and further deployment. India’s climate goals have focused on renewable deployment and energy efficiency, which are sectors that could yield significant technological transformation. These mitigation actions are supported by a wide array of policies that have led to successful uptake and diffusion. This has not, however, created a successful industrial base or environment for innovation. To extract maximum benefit from the pursuit of climate goals, policy must align technology adoption with broader development goals.
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