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Webinar on European energy and climate policy and the role of innovation
Since the COP21 agreement in Dec 2015, the role of innovation is complementing the role of climate finance and carbon markets in unlocking capital investments towards a low carbon economy. While investments in RES technologies gather pace, the needs for new investments in infrastructures remain high. So, that, decarbonisation goals (like mitigation, adaptation, and climate finance) need to be balanced against the pace of innovation in sub-industries and markets.
As the EU climate change policy foresees 80-95% reduction in GhG towards 2050, the Clean Energy Package provides an interesting case example of a legislation aimed at mainstreaming innovation in new products, new services (ex: electricity market: local energy communities, demand response, aggregation of balancing services). Ultimately, it may broaden innovation towards a non-technological dimension."