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Carbon trust highlights need for climate innovation centres

Source: BusinessGreen
Nov. 20, 2009
A global network of Climate Innovation Centres is required to meet the local clean tech requirements of developing countries more effectively and to address the failure of existing technology transfer arrangements from the developed world.

These are the findings of a joint paper written by researchers at the UK’s Carbon Trust and the Indian Institute of Technology in Delhi. The report, which builds on earlier work, was published in the November issue of Natural Resources Forum: A United Nations Sustainable Development Journal.

The proposal to build a network of centres in developing countries to undertake research, product development, testing and adaptation for local markets was introduced into the UN climate change discussions in Copenhagen by the Indian government.

It suggested that an initial investment of $2.5bn (£1.5bn) over five years would be enough to fund five regional centres and potentially exploit up to $25bn in related private sector resources.

The problem with traditional technology transfer deals is that many developing countries lack the necessary skills and capital to reproduce such technology effectively, according to Cath Bremner, head of international development at the Carbon Trust and a co-author of the paper.

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