System Climate Innovation for a Transformative Impact
Recent decades have seen improvements in the diffusion of low-carbon technologies, but overall progress in ‘greening’ the global economy has been modest.
To increase its impact, climate innovation needs to embrace system innovation and tap into opportunities for resource efficiency and circular economies. System innovation should involve an ‘innovation movement’ that brings together diverse stakeholders who build the vision of change and share the risks and benefits of the transition.
In this report we map out the seven steps for system climate innovation and argue that public policy has a crucial role to play in creating spaces where system innovation is initiated and scaled.