Abstract
The 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs), the Paris Agreement, and a number of important agreements call on the United Nations (UN) to strengthen a relationship with the private sector to develop and transfer climate technology in global action on climate change. The Technology Mechanism (TM) is anchored in the UN Framework Convention on Climate Change as a key enabler for the attainment of the Goals of the Paris Agreement. The growing interest for collaboration with the private sector sets new ambitions for the UN Climate Technology Centre and Network (CTCN). The active engagement of the private sector is critical for successful technology transfer and successful innovation. This paper reviews and analyses the role of the private sector in facilitating technology transfer in CTCN’s Technical Assistance. Furthermore, the shared interest for partnership between the CTCN and the private sector was evaluated by analysing in-depths interviews with major CTCN stakeholders. Based upon this analysis, several recommendations are made on how to enhance public–private partnerships in order to strengthen private sector participation in climate technology transfer activities with a special focus on technology–push and market–pull innovation.
Highlights
To achieve an effective, long-term global response to climate change and to promote sustainable development, technology innovation is becoming more critical in delivering environmentally and socially sound, cost-effective, and better-performing climate technologies at a larger and more widespread scale [1]
Through the Technical Assistance implementation, some quantitative data showed that lifetime energy saving identified was 4670 MWh of electricity and the estimated emission reduction over the lifetime of the suggested EE and self-generation options (SGO) improvements was 3260 tCO2-e and 4710 tCO2-e, respectively
Schematic ofpublic–private new public–private partnership strategy for climate technology fer innovation. In this the various roles of the private sector during climate climate technology devel- deInpaper, this paper, the various roles of the private sector during technology velopment and transfer processes were successfully identified by analysing the previous opment and transfer processes were successfully identified by analysing the previous
Summary
Long-term global response to climate change and to promote sustainable development, technology innovation is becoming more critical in delivering environmentally and socially sound, cost-effective, and better-performing climate technologies at a larger and more widespread scale [1]. The Climate Technology Centre and Network (CTCN) was established as part of the Technology Mechanism (TM) Framework Convention on Climate Change (UNFCCC) Technology Mechanism consists of two bodies: Technology Executive Committee (TEC) and the Climate Technology Centre and Network (CTCN)) in 2013 to address these issues with technology under the United. The Hudson Institute confirms that private financial flows from all donor countries to aid-recipient countries account for 85% of their economic engagement with developing countries, whereas government (public) aid Sustainability 2021, 13, 3185. Innovative climate technologies are constantly being introduced to offset the impact of everyday activities, which causes climate change to turn into big business and the private sectors are taking notice
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