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ICEF 2nd. Annual Meeting Summary: Concurrent Session - Technology Transfer to Developing Countries and Investment Promotion

Posted by ICEF August 27, 2015 ICEF Secretariat Reports/Opinions Team
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Technology transfer from developed countries to developing countries plays an essential role in mitigating climate change. In the session, the international framework to promote technology transfer and private investment (both at UN and bilateral levels) will first be discussed. Secondly, discussions about enabling environment, such as policy and human capacity development, and necessary elements that technologies should fulfill to take root in recipient countries will take place.

ICEF2015 Program

 

    

Jukka Uosukainen, Director, Climate Technology Centre and Network (CTCN)

The Climate Technology Centre and Network, technology, and a long-term climate change agreement under the UNFCCC  
Technology transfer has been one of the key elements of the United Nations Framework Convention on Climate Change (UNFCCC) since its creation in 1992. The Convention spells out developed country responsibilities and establishes links between developing country implementation of UNFCCC commitments and the provision of financial and technological support by developed countries. The CTCN, as the operational arm of the Technology Mechanism, is a new and innovative entity designed to stimulate technology cooperation, increase the rate of development and transfer of technology and help developing countries that request assistance in designing sustainable and effective technology projects.
Climate technology mechanisms cannot solve all the problems of climate change, but they are critical for developing countries in de-risking and ensuring the sustainability of their climate actions. The CTCN will match developing country needs with global private sector resources by building strong institutional linkages with the private sector and other members of civil society. The CTCN supports the critical role of governments in developing policies and creating enabling environments, but recognizes it is the private sector building on the combined efforts of governments that will sustain the level of activity needed to effectively address climate change at the scale required.

 

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