US-China climate change deal: Climate-KIC calls on innovators to exceed targets

Bertrand van Ee, CEO of Climate-KIC, has called on innovators and entrepreneurs to step up their “open innovation” efforts to bring down CO2 emission levels, boost the clean economy and exceed current targets. 

Following recent commitments to further cut greenhouse gas emissions by world leaders in the United States, China and across Europe, Van Ee urges innovators to harness the new momentum to develop the tools and technologies that will deliver more emission reductions and create more jobs in the clean economy.

Van Ee said: “With the US and China now following the EU’s lead in their commitment to deal with climate change, policy makers around the world have set clear targets. It is now up to the world’s innovators to deliver more solutions to bring down CO2 levels.”

“Our aim should be to not just meet current targets, but to exceed them by practicing “open innovation” to speed up the process and share both the risks and rewards among partners,” he said.

At the European Parliament’s ‘6th European Innovation Summit’ in Brussels on 18 November 2014, Van Ee will stress that the answer to delivering goals set by policy makers lies in “open innovation” where partners both share the risks and reward of innovation. More collaboration will deliver results sooner and boost national and regional economies in Europe and around the world.

Scaling up efforts in Europe’s regions

Van Ee will highlight how the scaling up of open innovation efforts around Europe, including more coordination between EU low-carbon investment programmes on regional levels, can provide a major boost for climate change mitigation and adaptation.

“The deal is not just good news for the future of the global clean energy sector, but also for the wider green economy. Scaling up the development of clean-tech innovation will certainly impact global targets, but it will also create huge business opportunities at a national, regional and city level,” said Van Ee.

He added: “A significant amount of Europe’s low-carbon investments are made at the sub-national level. We can scale up the development of solutions to climate change by better coordinating these investment programmes. Climate-KIC is taking the lead on this in regions around Europe.”

For example, Climate-KIC and Poland’s Lower Silesia region have agreed to coordinate their multi-million Euro investment programmes. Lower Silesia is aiming to spend over €600 million of its European Structural and Investment (ESI) funds to support its low-carbon economy over the next seven years. Climate-KIC has committed to investing around €400 million annually to support its pan-European activities during the same period. 

Demand for skills and knowledge

In Brussels this week, Van Ee will also say that to help fuel the new economic opportunities, business educators need to step up their game to meet the demand for new skills and knowledge.

Van Ee stressed: “In order to fuel these economic opportunities, we must also ensure that business schools and universities – whether in China or in Europe – are producing the leaders with the knowledge and skills needed in the new economy.”

“In Europe, we are already working with institutions to deliver this and we are reaching out to partners around the world. Global business education needs to be more integrated, more interdisciplinary and more open to meet the demands of the climate change challenge,” he said.

“The commitment to restricting CO2 emissions by the world’s largest carbon emitters is a major development in global climate politics. We could now see a more level playing field for companies across the globe to act together to reduce carbon levels. There is no other way to solve the climate change challenge but to work together with innovators and policy makers around the world,” said Van Ee.

Visit our newsroom for the full press release.

For more about Climate-KIC’s participation in the 6th European Innovation Summit at the European Parliament this week, click here.

 
Location
Related Focus Area
Urban Transitions
Articles you may be interested in
In Detail
Exploring frontiers in sustainability: Bringing futures literacy to financia...

As part of EIT Climate-KIC’s Long-termism Deep Demonstration, Riyong Kim, Director of Decision Metrics and Finance at EIT Climate-KIC, has co-authored a new report,...

Exploring frontiers in sustainability: Bringing futures literacy to financial services in Ireland and France
Opinion
Long democracies
Dark Matter
Long democracies
Opinion
Long financing in a volatile world
Dark Matter
Long financing in a volatile world
Opinion
Long welfare
Dark Matter
Long welfare
Opinion
Abstracted to entangled organisation
Dark Matter
Abstracted to entangled organisation
Opinion
Persistent things
Dark Matter
Persistent things
Opinion
Persistent selves
Dark Matter
Persistent selves
Opinion
Futures in long-termism
Dark Matter
Futures in long-termism
In our community
Strengthening community ties and supporting each other through the COVID-19 ...
Strengthening community ties and supporting each other through the COVID-19 crisis
Opinion
The Corona canvas: How to deal with the crisis as a founder
Marc Mogalle & Anje Kluth Business Buddies & EIT Climate-KIC
The Corona canvas: How to deal with the crisis as a founder
In The News
Lilium completes funding round worth over €224 million

EIT Climate-KIC supported Lilium, a Munich-based aviation company developing...

Lilium completes funding round worth over €224 million
In The News
TWAICE raises €11 million series A to power internationalisation efforts and...

EIT Climate-KIC supported TWAICE, a Munich-based battery specialist, has...

TWAICE raises €11 million series A to power internationalisation efforts and scaling
In our community
Madrid: A city turning eco-fictions into eco-futures through systems innovat...
Madrid: A city turning eco-fictions into eco-futures through systems innovation
In The News
EIT Community shines on Forbes 30 under 30 Europe list

Eight EIT Climate-KIC innovators are featured in the prestigious...

EIT Community shines on Forbes 30 under 30 Europe list
Opinion
Trees as infrastructure: Part two
Dark Matter
Trees as infrastructure: Part two
Opinion
Trees as infrastructure: Part one
Dark Matter
Trees as infrastructure: Part one
Opinion
Could COVID-19 usher in massive systemic change?
EIT Climate-KIC Italy
Could COVID-19 usher in massive systemic change?
Opinion
Working during corona lockdown: EIT Climate-KIC Italy sets an example
EIT Climate-KIC Italy
Working during corona lockdown: EIT Climate-KIC Italy sets an example
Innovation Spotlight
How to improve building energy performance without up-front capital

Air-conditioning equipment, office furniture, lighting systems and even floor coverings are being leased, so why can’t a...

How to improve building energy performance without up-front capital
In The News
EU Taxonomy shows the way to net zero by 2050

The Technical Expert Group (TEG) on Sustainable Finance has...

EU Taxonomy shows the way to net zero by 2050
In The News
Regine Kreitz new EIT Climate-KIC Director of Marketing and Communications

Regine Kreitz will join EIT Climate-KIC, the European Union’s...

Regine Kreitz new EIT Climate-KIC Director of Marketing and Communications
In The News
KICs tackling water scarcity in Southern Europe

How EIT and KICs are working to address one...

KICs tackling water scarcity in Southern Europe
In The News
EIT Climate-KIC and partners launch Massive Open Online Course on e-waste

EIT Climate-KIC, together with its partners the UN, the...

EIT Climate-KIC and partners launch Massive Open Online Course on e-waste
In The News
Five EIT Climate-KIC innovators featured in Global Cleantech 100

Five EIT Climate-KIC supported innovative ventures included in the...

Five EIT Climate-KIC innovators featured in Global Cleantech 100
In The News
The journey to zero-emissions transport – part three

The transport sector already accounts for a quarter of...

The journey to zero-emissions transport – part three
In The News
The journey to zero-emissions transport – part two

The transport sector already accounts for a quarter of...

The journey to zero-emissions transport – part two
In The News
The journey to zero-emissions transport – part one

The transport sector already accounts for a quarter of...

The journey to zero-emissions transport – part one
In The News
Malaysia and Estonia win Climathon Global Awards at ChangeNOW summit

The city of Penang, Malaysia, and a team of...

Malaysia and Estonia win Climathon Global Awards at ChangeNOW summit
Opinion
Redesigning venture capital (part III): A hypothesis
Dominic Hofstetter Transformation Capital, EIT Climate-KIC
Redesigning venture capital (part III): A hypothesis
Opinion
The Long Time
Beatrice Pembroke & Ella Saltmarshe Co-founders, The Long Time Project
The Long Time