ABSTRACT
The dissemination of environmentally sound products and the development of new technologies have an essential role to play in meeting climate objectives, as well as in creating new jobs and growth. Low income countries can leapfrog technology generations by acting as early movers. Urban infrastructure, land use productivity and clean energy systems offer a potential to greater efficiency, structural transformation and technological change towards climate-friendly, sustainable development. But enabling environments are needed to incentivise innovation on a national level and to foster collaborative action. Private investment, alongside and attracted by public investment, is seen as crucial to scaling-up climate finance and closing current investment gaps. As climate action is cross-cutting, a mainstreaming into the existing national and global innovation systems is needed to valorize the incremental contribution to mitigation and adaptation objectives. The impetus of the Paris Agreement helped to facilitate North-South, South–South and triangular cooperation
