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Part of a series of Climate Innovation Insights published by Climate-KIC.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Key messages<\/strong><\/p>\n

\n
Limiting global warming to 1.5°C, the target under the Paris Agreement, will require massive investments in low-carbon innovation.<\/li>\n
After two decades of growth, patent filings for low-carbon technologies, and public research and development (R&D) expenditures on climate innovation, have both decreased in recent years.<\/li>\n
Higher and more stable carbon prices than exist today are necessary for sustained investment in low-carbon technologies.<\/li>\n
Public support for climate-related R&D is needed at all stages of innovation, but governments mostly support the diffusion of existing technologies.<\/li>\n
Public support for technologies further away from market must increase substantially to achieve climate targets.<\/li>\n<\/ul>\n
External link to publication
Part of a series of Climate Innovation Insights published by Climate-KIC. 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